Heat Pump Water Heater in McKinney — $135/yr to Run (12.3¢/kWh)
Your heat pump water heater in McKinney costs about $11/month at 12.3¢/kWh. See daily, monthly, and yearly costs, plus tips to cut your bill.
McKinney, TX Electricity Rate
12.3¢/kWh
Utility: Oncor Electric Delivery
-5% vs national avg
National avg: 13.0¢/kWh
Daily Cost
$0.37
3.0 kWh/day
Monthly Cost
$11.26
91 kWh/mo
Annual Cost
$135
1,095 kWh/yr
Lifetime (15yr)
$2,027
energy only
Monthly Cost Breakdown in McKinney
| Period | kWh | McKinney Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 3.0 | $0.37 | $0.39 | $-0.02 |
| Weekly | 21.0 | $2.59 | $2.73 | $-0.14 |
| Monthly | 91.3 | $11.26 | $11.86 | $-0.60 |
| Quarterly | 273.8 | $33.78 | $35.59 | $-1.81 |
| Annual | 1095.0 | $135.12 | $142.35 | $-7.23 |
Customize Your Heat Pump Water Heater Cost
Adjust usage hours and electricity rate to calculate your exact cost in McKinney.
Daily
$0.37
Monthly
$11.26
Annual
$135
15-Year
$2,027
Energy Saving Tips for Heat Pump Water Heater in McKinney
- ✓McKinney has below-average electricity rates, but saving energy still reduces your carbon footprint.
- ✓An ENERGY STAR Heat Pump Water Heater in McKinney saves ~$41/year compared to standard models.
- ✓A smart Heat Pump Water Heater with scheduling optimization can save ~$27/year at McKinney 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 McKinney saves approximately $41/year at local rates — $608 over the appliance lifetime.
Highest-Cost Appliances in McKinney, TX
See which appliances cost the most to run at McKinney's 12.3¢/kWh electricity rate.
Level 2 EV Charger (240V)
Transportation · 7,200W
$1,599/yr
$133.27/mo
Electric Furnace
HVAC · 10,000W
$1,111/yr
$92.55/mo
Electric Tankless Water Heater
Water Heating · 18,000W
$811/yr
$67.56/mo
EV Charger (Level 2)
Garage · 7,200W
$800/yr
$66.64/mo
Boiler (Electric)
HVAC · 6,000W
$666/yr
$55.53/mo
Electric Water Heater (Tank)
Water Heating · 4,500W
$608/yr
$50.67/mo
Water Heater (Tank Electric)
Water Heating · 4,500W
$608/yr
$50.67/mo
Heat Pump
HVAC · 2,400W
$474/yr
$39.49/mo
Heat Pump Water Heater Cost in Other Texas Cities
| City | Rate | Annual Cost | vs McKinney |
|---|---|---|---|
| McKinney (current) | 12.3¢ | $135 | — |
| Houston | 12.6¢ | $138 | +$2 |
| San Antonio | 13.5¢ | $148 | +$13 |
| Dallas | 14.0¢ | $153 | +$18 |
| Austin | 14.3¢ | $157 | +$22 |
| Fort Worth | 14.3¢ | $156 | +$21 |
| El Paso | 14.2¢ | $156 | +$21 |
| Arlington | 12.4¢ | $136 | +$1 |
| Corpus Christi | 15.0¢ | $164 | +$29 |
Heat Pump Water Heater Energy Cost FAQ — McKinney, TX
Understanding Heat Pump Water Heater Energy Costs in McKinney, TX
McKinney is a mid-sized Texas city where residential electricity rates from Oncor Electric Delivery are shaped by regional energy supply and local demand patterns. Running a low-draw appliance like the Heat Pump Water Heater (500W) at McKinney's rate of 12.3¢/kWh costs approximately $135 per year — $7 less than the national average of $142.
Rates in McKinney are close to the national average, so the Heat Pump Water Heater's annual cost of $135 is broadly representative of what most US households pay. Over the 15-year expected lifespan, total energy cost reaches $2,027.
McKinney's cost of living index of 94 is below the national average, and electricity costs reflect that affordability. The Heat Pump Water Heater adds $11.26/month to a typical bill of $160. Upgrading to an ENERGY STAR Heat Pump Water Heater can cut energy use by up to 30%, saving approximately $41 per year at McKinney rates.
In McKinney's warm climate (avg 71.8°F), HVAC-related appliances tend to run more frequently, compounding energy costs. A Heat Pump Water Heater produces approximately 0.78 tons of CO2 annually at typical usage. McKinney 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 McKinney.
Compare All Energy Costs in McKinney
See energy costs for 178+ household appliances at McKinney's local electricity rate.
Frequently Asked Questions
How much does it cost to run a Heat Pump Water Heater in McKinney, TX?
At McKinney's average electricity rate of 12.3¢/kWh, a Heat Pump Water Heater costs approximately $135 per year to run. That's about $11.26 per month with typical usage of 6 hours per day.
What is the electricity rate in McKinney, TX?
The average residential electricity rate in McKinney, TX is 12.3¢/kWh, which is 5% below the national average of 13.0¢/kWh. The primary utility provider is Oncor Electric Delivery.
How much electricity does a Heat Pump Water Heater use per year?
A Heat Pump Water Heater uses approximately 500 watts and consumes about 1,095 kWh per year with typical usage of 6 hours/day for 365 days/year.
Is a Heat Pump Water Heater expensive to run in McKinney?
Compared to the national average cost of $142/year, running a Heat Pump Water Heater in McKinney costs $7 less per year due to lower local electricity rates.
How can I reduce my Heat Pump Water Heater energy cost in McKinney?
To reduce Heat Pump Water Heater costs in McKinney: Keep in a warm area like a garage. Dont block airflow around unit. Upgrading to an ENERGY STAR model saves up to 30% on energy costs. Also check with Oncor Electric Delivery for local energy efficiency rebates and programs.