Heat Pump Water Heater in New Bedford — $257/yr to Run (23.4¢/kWh)

Your heat pump water heater in New Bedford costs about $21/month at 23.4¢/kWh. See daily, monthly, and yearly costs, plus tips to cut your bill.

New Bedford, MA Electricity Rate

23.4¢/kWh

Utility: Eversource

+80% vs national avg

National avg: 13.0¢/kWh

Daily Cost

$0.70

3.0 kWh/day

Monthly Cost

$21.38

91 kWh/mo

Annual Cost

$257

1,095 kWh/yr

Lifetime (15yr)

$3,848

energy only

Monthly Cost Breakdown in New Bedford

PeriodkWhNew Bedford CostNational AvgDifference
Daily3.0$0.70$0.39+$0.31
Weekly21.0$4.92$2.73+$2.19
Monthly91.3$21.38$11.86+$9.52
Quarterly273.8$64.14$35.59+$28.55
Annual1095.0$256.56$142.35+$114.21

Customize Your Heat Pump Water Heater Cost

Adjust usage hours and electricity rate to calculate your exact cost in New Bedford.

0.5h12h24h
25¢50¢

Daily

$0.70

Monthly

$21.38

Annual

$257

15-Year

$3,848

Energy Saving Tips for Heat Pump Water Heater in New Bedford

  • New Bedford electricity rates are 80% above the national average — energy efficiency matters more here.
  • An ENERGY STAR Heat Pump Water Heater in New Bedford saves ~$77/year compared to standard models.
  • A smart Heat Pump Water Heater with scheduling optimization can save ~$51/year at New Bedford 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 New Bedford saves approximately $77/year at local rates — $1,155 over the appliance lifetime.

Heat Pump Water Heater Cost in Other Massachusetts Cities

CityRateAnnual Costvs New Bedford
New Bedford (current)23.4¢$257
Boston27.8¢$304+$48
Worcester29.6¢$324+$68
Springfield29.2¢$319+$63
Cambridge26.9¢$295+$38
Lowell30.3¢$332+$75
Brockton21.0¢$230$-26
Quincy21.4¢$235$-22
Lynn21.5¢$236$-21

Heat Pump Water Heater Energy Cost FAQ — New Bedford, MA

Understanding Heat Pump Water Heater Energy Costs in New Bedford, MA

New Bedford is a mid-sized Massachusetts city where residential electricity rates from Eversource are shaped by regional energy supply and local demand patterns. Running a low-draw appliance like the Heat Pump Water Heater (500W) at New Bedford's rate of 23.4¢/kWh costs approximately $257 per year — $114 more than the national average of $142.

Electricity in New Bedford is significantly more expensive than the national average — 80% higher. For a Heat Pump Water Heater used 6 hours per day, this rate premium adds up to $114 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 102.5, New Bedford is near the national median. The Heat Pump Water Heater's monthly cost of $21.38 represents a typical share of the average New Bedford electric bill of $211/month. Upgrading to an ENERGY STAR Heat Pump Water Heater can cut energy use by up to 30%, saving approximately $77 per year at New Bedford rates.

New Bedford's moderate climate (avg 51°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. New Bedford 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 New Bedford.

Compare All Energy Costs in New Bedford

See energy costs for 168+ household appliances at New Bedford's local electricity rate.

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