Electric Tankless Water Heater in Franklin — $821/yr to Run (12.5¢/kWh)
Your electric tankless water heater in Franklin costs about $68/month at 12.5¢/kWh. See daily, monthly, and yearly costs, plus tips to cut your bill.
Franklin, TN Electricity Rate
12.5¢/kWh
Utility: TVA
-4% vs national avg
National avg: 13.0¢/kWh
Daily Cost
$2.25
18.0 kWh/day
Monthly Cost
$68.38
548 kWh/mo
Annual Cost
$821
6,570 kWh/yr
Lifetime (20yr)
$16,412
energy only
Monthly Cost Breakdown in Franklin
| Period | kWh | Franklin Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 18.0 | $2.25 | $2.34 | $-0.09 |
| Weekly | 126.0 | $15.74 | $16.38 | $-0.64 |
| Monthly | 547.5 | $68.38 | $71.17 | $-2.79 |
| Quarterly | 1642.5 | $205.15 | $213.53 | $-8.38 |
| Annual | 6570.0 | $820.59 | $854.10 | $-33.51 |
Customize Your Electric Tankless Water Heater Cost
Adjust usage hours and electricity rate to calculate your exact cost in Franklin.
Daily
$2.25
Monthly
$68.38
Annual
$821
20-Year
$16,412
Energy Saving Tips for Electric Tankless Water Heater in Franklin
- ✓Franklin has below-average electricity rates, but saving energy still reduces your carbon footprint.
- ✓An ENERGY STAR Electric Tankless Water Heater in Franklin saves ~$197/year compared to standard models.
- ✓A smart Electric Tankless Water Heater with scheduling optimization can save ~$123/year at Franklin 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 Franklin saves approximately $197/year at local rates — $3,939 over the appliance lifetime.
Highest-Cost Appliances in Franklin, TN
See which appliances cost the most to run at Franklin's 12.5¢/kWh electricity rate.
Level 2 EV Charger (240V)
Transportation · 7,200W
$1,619/yr
$134.89/mo
Electric Furnace
HVAC · 10,000W
$1,124/yr
$93.67/mo
EV Charger (Level 2)
Garage · 7,200W
$809/yr
$67.45/mo
Boiler (Electric)
HVAC · 6,000W
$674/yr
$56.21/mo
Electric Water Heater (Tank)
Water Heating · 4,500W
$615/yr
$51.29/mo
Water Heater (Tank Electric)
Water Heating · 4,500W
$615/yr
$51.29/mo
Heat Pump
HVAC · 2,400W
$480/yr
$39.97/mo
Hot Tub / Spa
Pool & Spa · 3,000W
$450/yr
$37.47/mo
Electric Tankless Water Heater Cost in Other Tennessee Cities
| City | Rate | Annual Cost | vs Franklin |
|---|---|---|---|
| Franklin (current) | 12.5¢ | $821 | — |
| Nashville | 12.0¢ | $786 | $-34 |
| Memphis | 13.1¢ | $861 | +$40 |
| Knoxville | 12.0¢ | $788 | $-32 |
| Chattanooga | 12.3¢ | $809 | $-11 |
| Clarksville | 11.3¢ | $745 | $-76 |
| Murfreesboro | 12.7¢ | $834 | +$14 |
| Johnson City | 11.9¢ | $782 | $-39 |
| Jackson | 9.4¢ | $621 | $-200 |
Electric Tankless Water Heater Energy Cost FAQ — Franklin, TN
Understanding Electric Tankless Water Heater Energy Costs in Franklin, TN
In the Franklin area, TVA 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 Franklin's rate of 12.5¢/kWh costs approximately $821 per year — $34 less than the national average of $854.
Rates in Franklin are close to the national average, so the Electric Tankless Water Heater's annual cost of $821 is broadly representative of what most US households pay. Over the 20-year expected lifespan, total energy cost reaches $16,412.
With a cost of living index of 118.5, Franklin is near the national median. The Electric Tankless Water Heater's monthly cost of $68.38 represents a typical share of the average Franklin electric bill of $112/month. Upgrading to an ENERGY STAR Electric Tankless Water Heater can cut energy use by up to 24%, saving approximately $197 per year at Franklin rates.
Franklin's moderate climate (avg 58°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. Franklin 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 Franklin.
Compare All Energy Costs in Franklin
See energy costs for 168+ household appliances at Franklin's local electricity rate.