Electric Tankless Water Heater in Edmond — $701/yr to Run (10.7¢/kWh)
Your electric tankless water heater in Edmond costs about $58/month at 10.7¢/kWh. See daily, monthly, and yearly costs, plus tips to cut your bill.
Edmond, OK Electricity Rate
10.7¢/kWh
Utility: OG&E
-18% vs national avg
National avg: 13.0¢/kWh
Daily Cost
$1.92
18.0 kWh/day
Monthly Cost
$58.42
548 kWh/mo
Annual Cost
$701
6,570 kWh/yr
Lifetime (20yr)
$14,020
energy only
Monthly Cost Breakdown in Edmond
| Period | kWh | Edmond Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 18.0 | $1.92 | $2.34 | $-0.42 |
| Weekly | 126.0 | $13.44 | $16.38 | $-2.94 |
| Monthly | 547.5 | $58.42 | $71.17 | $-12.76 |
| Quarterly | 1642.5 | $175.25 | $213.53 | $-38.27 |
| Annual | 6570.0 | $701.02 | $854.10 | $-153.08 |
Customize Your Electric Tankless Water Heater Cost
Adjust usage hours and electricity rate to calculate your exact cost in Edmond.
Daily
$1.92
Monthly
$58.42
Annual
$701
20-Year
$14,020
Energy Saving Tips for Electric Tankless Water Heater in Edmond
- ✓Edmond has below-average electricity rates, but saving energy still reduces your carbon footprint.
- ✓An ENERGY STAR Electric Tankless Water Heater in Edmond saves ~$168/year compared to standard models.
- ✓A smart Electric Tankless Water Heater with scheduling optimization can save ~$105/year at Edmond rates.
- ✓Install point-of-use units for remote fixtures
- ✓Size properly for peak demand
- ✓Consider electrical upgrade
ENERGY STAR Savings: Upgrading to an ENERGY STAR Electric Tankless Water Heater in Edmond saves approximately $168/year at local rates — $3,365 over the appliance lifetime.
Highest-Cost Appliances in Edmond, OK
See which appliances cost the most to run at Edmond's 10.7¢/kWh electricity rate.
Level 2 EV Charger (240V)
Transportation · 7,200W
$1,383/yr
$115.24/mo
Electric Furnace
HVAC · 10,000W
$960/yr
$80.03/mo
EV Charger (Level 2)
Garage · 7,200W
$691/yr
$57.62/mo
Boiler (Electric)
HVAC · 6,000W
$576/yr
$48.02/mo
Electric Water Heater (Tank)
Water Heating · 4,500W
$526/yr
$43.81/mo
Water Heater (Tank Electric)
Water Heating · 4,500W
$526/yr
$43.81/mo
Heat Pump
HVAC · 2,400W
$410/yr
$34.14/mo
Hot Tub / Spa
Pool & Spa · 3,000W
$384/yr
$32.01/mo
Electric Tankless Water Heater Cost in Other Oklahoma Cities
| City | Rate | Annual Cost | vs Edmond |
|---|---|---|---|
| Edmond (current) | 10.7¢ | $701 | — |
| Oklahoma City | 11.4¢ | $748 | +$47 |
| Tulsa | 11.8¢ | $778 | +$77 |
| Norman | 9.8¢ | $645 | $-56 |
| Broken Arrow | 11.6¢ | $760 | +$59 |
| Lawton | 12.5¢ | $824 | +$123 |
| Moore | 9.6¢ | $633 | $-68 |
| Midwest City | 12.2¢ | $804 | +$103 |
| Stillwater | 12.5¢ | $823 | +$122 |
Electric Tankless Water Heater Energy Cost FAQ — Edmond, OK
Understanding Electric Tankless Water Heater Energy Costs in Edmond, OK
In the Edmond area, OG&E serves a smaller residential base, and rates can be more sensitive to seasonal demand swings than in larger metros. Running a high-draw appliance like the Electric Tankless Water Heater (18,000W) at Edmond's rate of 10.7¢/kWh costs approximately $701 per year — $153 less than the national average of $854.
Rates in Edmond are close to the national average, so the Electric Tankless Water Heater's annual cost of $701 is broadly representative of what most US households pay. Over the 20-year expected lifespan, total energy cost reaches $14,020.
With a cost of living index of 95.2, Edmond is near the national median. The Electric Tankless Water Heater's monthly cost of $58.42 represents a typical share of the average Edmond electric bill of $96/month. Upgrading to an ENERGY STAR Electric Tankless Water Heater can cut energy use by up to 24%, saving approximately $168 per year at Edmond rates.
Edmond's moderate climate (avg 60°F) helps keep seasonal energy cost swings manageable for most appliances. A Electric Tankless Water Heater produces approximately 2.1 tons of CO2 annually at typical usage. Edmond 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 Edmond.
Compare All Energy Costs in Edmond
See energy costs for 168+ household appliances at Edmond's local electricity rate.