Heat Pump Water Heater in Lynn — $236/yr to Run (21.5¢/kWh)
Your heat pump water heater in Lynn costs about $20/month at 21.5¢/kWh. See daily, monthly, and yearly costs, plus tips to cut your bill.
Lynn, MA Electricity Rate
21.5¢/kWh
Utility: Eversource
+66% vs national avg
National avg: 13.0¢/kWh
Daily Cost
$0.65
3.0 kWh/day
Monthly Cost
$19.66
91 kWh/mo
Annual Cost
$236
1,095 kWh/yr
Lifetime (15yr)
$3,538
energy only
Monthly Cost Breakdown in Lynn
| Period | kWh | Lynn Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 3.0 | $0.65 | $0.39 | +$0.26 |
| Weekly | 21.0 | $4.52 | $2.73 | +$1.79 |
| Monthly | 91.3 | $19.66 | $11.86 | +$7.79 |
| Quarterly | 273.8 | $58.97 | $35.59 | +$23.38 |
| Annual | 1095.0 | $235.86 | $142.35 | +$93.51 |
Customize Your Heat Pump Water Heater Cost
Adjust usage hours and electricity rate to calculate your exact cost in Lynn.
Daily
$0.65
Monthly
$19.66
Annual
$236
15-Year
$3,538
Energy Saving Tips for Heat Pump Water Heater in Lynn
- ✓Lynn electricity rates are 66% above the national average — energy efficiency matters more here.
- ✓An ENERGY STAR Heat Pump Water Heater in Lynn saves ~$71/year compared to standard models.
- ✓A smart Heat Pump Water Heater with scheduling optimization can save ~$47/year at Lynn rates.
- ✓Keep in a warm area like a garage
- ✓Dont block airflow around unit
- ✓Use heat pump only mode for max savings
ENERGY STAR Savings: Upgrading to an ENERGY STAR Heat Pump Water Heater in Lynn saves approximately $71/year at local rates — $1,061 over the appliance lifetime.
Highest-Cost Appliances in Lynn, MA
See which appliances cost the most to run at Lynn's 21.5¢/kWh electricity rate.
Level 2 EV Charger (240V)
Transportation · 7,200W
$2,792/yr
$232.63/mo
Electric Furnace
HVAC · 10,000W
$1,939/yr
$161.55/mo
Electric Tankless Water Heater
Water Heating · 18,000W
$1,415/yr
$117.93/mo
EV Charger (Level 2)
Garage · 7,200W
$1,396/yr
$116.32/mo
Boiler (Electric)
HVAC · 6,000W
$1,163/yr
$96.93/mo
Electric Water Heater (Tank)
Water Heating · 4,500W
$1,061/yr
$88.45/mo
Water Heater (Tank Electric)
Water Heating · 4,500W
$1,061/yr
$88.45/mo
Heat Pump
HVAC · 2,400W
$827/yr
$68.93/mo
Heat Pump Water Heater Cost in Other Massachusetts Cities
| City | Rate | Annual Cost | vs Lynn |
|---|---|---|---|
| Lynn (current) | 21.5¢ | $236 | — |
| Boston | 27.8¢ | $304 | +$68 |
| Worcester | 29.6¢ | $324 | +$88 |
| Springfield | 29.2¢ | $319 | +$84 |
| Cambridge | 26.9¢ | $295 | +$59 |
| Lowell | 30.3¢ | $332 | +$96 |
| Brockton | 21.0¢ | $230 | $-6 |
| Quincy | 21.4¢ | $235 | $-1 |
| New Bedford | 23.4¢ | $257 | +$21 |
Heat Pump Water Heater Energy Cost FAQ — Lynn, MA
Understanding Heat Pump Water Heater Energy Costs in Lynn, MA
In the Lynn area, Eversource serves a smaller residential base, and rates can be more sensitive to seasonal demand swings than in larger metros. Running a low-draw appliance like the Heat Pump Water Heater (500W) at Lynn's rate of 21.5¢/kWh costs approximately $236 per year — $94 more than the national average of $142.
Electricity in Lynn is significantly more expensive than the national average — 66% higher. For a Heat Pump Water Heater used 6 hours per day, this rate premium adds up to $94 in extra annual costs. Energy-efficient models and usage habits have an outsized impact in high-rate markets like this.
With a cost of living index of 118.5, Lynn is near the national median. The Heat Pump Water Heater's monthly cost of $19.66 represents a typical share of the average Lynn electric bill of $194/month. Upgrading to an ENERGY STAR Heat Pump Water Heater can cut energy use by up to 30%, saving approximately $71 per year at Lynn rates.
Lynn's moderate climate (avg 49°F) helps keep seasonal energy cost swings manageable for most appliances. A Heat Pump Water Heater produces approximately 0.78 tons of CO2 annually at typical usage. Lynn residents can reduce this footprint by choosing an ENERGY STAR certified unit, optimizing usage patterns, or investing in solar — see our solar savings calculator for Lynn.
Compare All Energy Costs in Lynn
See energy costs for 168+ household appliances at Lynn's local electricity rate.