Heat Pump Water Heater in Syracuse — $264/yr to Run (24.1¢/kWh)
Your heat pump water heater in Syracuse costs about $22/month at 24.1¢/kWh. See daily, monthly, and yearly costs, plus tips to cut your bill.
Syracuse, NY Electricity Rate
24.1¢/kWh
Utility: National Grid
+85% vs national avg
National avg: 13.0¢/kWh
Daily Cost
$0.72
3.0 kWh/day
Monthly Cost
$21.99
91 kWh/mo
Annual Cost
$264
1,095 kWh/yr
Lifetime (15yr)
$3,958
energy only
Monthly Cost Breakdown in Syracuse
| Period | kWh | Syracuse Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 3.0 | $0.72 | $0.39 | +$0.33 |
| Weekly | 21.0 | $5.06 | $2.73 | +$2.33 |
| Monthly | 91.3 | $21.99 | $11.86 | +$10.13 |
| Quarterly | 273.8 | $65.97 | $35.59 | +$30.39 |
| Annual | 1095.0 | $263.89 | $142.35 | +$121.54 |
Customize Your Heat Pump Water Heater Cost
Adjust usage hours and electricity rate to calculate your exact cost in Syracuse.
Daily
$0.72
Monthly
$21.99
Annual
$264
15-Year
$3,958
Energy Saving Tips for Heat Pump Water Heater in Syracuse
- ✓Syracuse electricity rates are 85% above the national average — energy efficiency matters more here.
- ✓An ENERGY STAR Heat Pump Water Heater in Syracuse saves ~$79/year compared to standard models.
- ✓A smart Heat Pump Water Heater with scheduling optimization can save ~$53/year at Syracuse 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 Syracuse saves approximately $79/year at local rates — $1,188 over the appliance lifetime.
Highest-Cost Appliances in Syracuse, NY
See which appliances cost the most to run at Syracuse's 24.1¢/kWh electricity rate.
Level 2 EV Charger (240V)
Transportation · 7,200W
$3,123/yr
$260.28/mo
Electric Furnace
HVAC · 10,000W
$2,169/yr
$180.75/mo
Electric Tankless Water Heater
Water Heating · 18,000W
$1,583/yr
$131.95/mo
EV Charger (Level 2)
Garage · 7,200W
$1,562/yr
$130.14/mo
Boiler (Electric)
HVAC · 6,000W
$1,301/yr
$108.45/mo
Electric Water Heater (Tank)
Water Heating · 4,500W
$1,188/yr
$98.96/mo
Water Heater (Tank Electric)
Water Heating · 4,500W
$1,188/yr
$98.96/mo
Heat Pump
HVAC · 2,400W
$925/yr
$77.12/mo
Heat Pump Water Heater Cost in Other New York Cities
| City | Rate | Annual Cost | vs Syracuse |
|---|---|---|---|
| Syracuse (current) | 24.1¢ | $264 | — |
| New York | 23.2¢ | $254 | $-10 |
| Oyster Bay | 19.0¢ | $208 | $-56 |
| Buffalo | 22.3¢ | $244 | $-20 |
| North Hempstead | 18.6¢ | $204 | $-60 |
| Babylon | 19.4¢ | $212 | $-52 |
| Yonkers | 23.0¢ | $252 | $-12 |
| Rochester | 21.1¢ | $232 | $-32 |
| Huntington | 18.1¢ | $198 | $-66 |
Heat Pump Water Heater Energy Cost FAQ — Syracuse, NY
Understanding Heat Pump Water Heater Energy Costs in Syracuse, NY
Syracuse is a mid-sized New York city where residential electricity rates from National Grid are shaped by regional energy supply and local demand patterns. Running a low-draw appliance like the Heat Pump Water Heater (500W) at Syracuse's rate of 24.1¢/kWh costs approximately $264 per year — $122 more than the national average of $142.
Electricity in Syracuse is significantly more expensive than the national average — 85% higher. For a Heat Pump Water Heater used 6 hours per day, this rate premium adds up to $122 in extra annual costs. Energy-efficient models and usage habits have an outsized impact in high-rate markets like this.
Syracuse has a high cost of living (index: 127), which means electricity is just one of many above-average expenses. Reducing appliance energy costs — even by small amounts — contributes to meaningful household savings in this market. Upgrading to an ENERGY STAR Heat Pump Water Heater can cut energy use by up to 30%, saving approximately $79 per year at Syracuse rates.
Syracuse's moderate climate (avg 50.2°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. Syracuse 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 Syracuse.
Compare All Energy Costs in Syracuse
See energy costs for 168+ household appliances at Syracuse's local electricity rate.