Heat Pump Water Heater in Toledo — $141/yr to Run (12.9¢/kWh)
Your heat pump water heater in Toledo costs about $12/month at 12.9¢/kWh. See daily, monthly, and yearly costs, plus tips to cut your bill.
Toledo, OH Electricity Rate
12.9¢/kWh
Utility: Toledo Edison (FirstEnergy)
-1% vs national avg
National avg: 13.0¢/kWh
Daily Cost
$0.39
3.0 kWh/day
Monthly Cost
$11.79
91 kWh/mo
Annual Cost
$141
1,095 kWh/yr
Lifetime (15yr)
$2,122
energy only
Monthly Cost Breakdown in Toledo
| Period | kWh | Toledo Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 3.0 | $0.39 | $0.39 | $-0.00 |
| Weekly | 21.0 | $2.71 | $2.73 | $-0.02 |
| Monthly | 91.3 | $11.79 | $11.86 | $-0.07 |
| Quarterly | 273.8 | $35.37 | $35.59 | $-0.22 |
| Annual | 1095.0 | $141.47 | $142.35 | $-0.88 |
Customize Your Heat Pump Water Heater Cost
Adjust usage hours and electricity rate to calculate your exact cost in Toledo.
Daily
$0.39
Monthly
$11.79
Annual
$141
15-Year
$2,122
Energy Saving Tips for Heat Pump Water Heater in Toledo
- ✓Toledo has below-average electricity rates, but saving energy still reduces your carbon footprint.
- ✓An ENERGY STAR Heat Pump Water Heater in Toledo saves ~$42/year compared to standard models.
- ✓A smart Heat Pump Water Heater with scheduling optimization can save ~$28/year at Toledo 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 Toledo saves approximately $42/year at local rates — $637 over the appliance lifetime.
Highest-Cost Appliances in Toledo, OH
See which appliances cost the most to run at Toledo's 12.9¢/kWh electricity rate.
Level 2 EV Charger (240V)
Transportation · 7,200W
$1,674/yr
$139.54/mo
Electric Furnace
HVAC · 10,000W
$1,163/yr
$96.90/mo
Electric Tankless Water Heater
Water Heating · 18,000W
$849/yr
$70.74/mo
EV Charger (Level 2)
Garage · 7,200W
$837/yr
$69.77/mo
Boiler (Electric)
HVAC · 6,000W
$698/yr
$58.14/mo
Electric Water Heater (Tank)
Water Heating · 4,500W
$637/yr
$53.05/mo
Water Heater (Tank Electric)
Water Heating · 4,500W
$637/yr
$53.05/mo
Heat Pump
HVAC · 2,400W
$496/yr
$41.34/mo
Heat Pump Water Heater Cost in Other Ohio Cities
Heat Pump Water Heater Energy Cost FAQ — Toledo, OH
Understanding Heat Pump Water Heater Energy Costs in Toledo, OH
Toledo is a mid-sized Ohio city where residential electricity rates from Toledo Edison (FirstEnergy) are shaped by regional energy supply and local demand patterns. Running a low-draw appliance like the Heat Pump Water Heater (500W) at Toledo's rate of 12.9¢/kWh costs approximately $141 per year — $1 less than the national average of $142.
Rates in Toledo are close to the national average, so the Heat Pump Water Heater's annual cost of $141 is broadly representative of what most US households pay. Over the 15-year expected lifespan, total energy cost reaches $2,122.
With a cost of living index of 100, Toledo is near the national median. The Heat Pump Water Heater's monthly cost of $11.79 represents a typical share of the average Toledo electric bill of $102/month. Upgrading to an ENERGY STAR Heat Pump Water Heater can cut energy use by up to 30%, saving approximately $42 per year at Toledo rates.
Toledo's moderate climate (avg 45.6°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. Toledo 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 Toledo.
Compare All Energy Costs in Toledo
See energy costs for 168+ household appliances at Toledo's local electricity rate.