Electric Tankless Water Heater in Lowell — $1,989/yr to Run (30.3¢/kWh)
Your electric tankless water heater in Lowell costs about $166/month at 30.3¢/kWh. See daily, monthly, and yearly costs, plus tips to cut your bill.
Lowell, MA Electricity Rate
30.3¢/kWh
Utility: Eversource Energy
+133% vs national avg
National avg: 13.0¢/kWh
Daily Cost
$5.45
18.0 kWh/day
Monthly Cost
$165.78
548 kWh/mo
Annual Cost
$1,989
6,570 kWh/yr
Lifetime (20yr)
$39,788
energy only
Monthly Cost Breakdown in Lowell
| Period | kWh | Lowell Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 18.0 | $5.45 | $2.34 | +$3.11 |
| Weekly | 126.0 | $38.15 | $16.38 | +$21.77 |
| Monthly | 547.5 | $165.78 | $71.17 | +$94.61 |
| Quarterly | 1642.5 | $497.35 | $213.53 | +$283.82 |
| Annual | 6570.0 | $1989.40 | $854.10 | +$1135.30 |
Customize Your Electric Tankless Water Heater Cost
Adjust usage hours and electricity rate to calculate your exact cost in Lowell.
Daily
$5.45
Monthly
$165.78
Annual
$1,989
20-Year
$39,788
Energy Saving Tips for Electric Tankless Water Heater in Lowell
- ✓Lowell electricity rates are 133% above the national average — energy efficiency matters more here.
- ✓An ENERGY STAR Electric Tankless Water Heater in Lowell saves ~$477/year compared to standard models.
- ✓A smart Electric Tankless Water Heater with scheduling optimization can save ~$298/year at Lowell 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 Lowell saves approximately $477/year at local rates — $9,549 over the appliance lifetime.
Highest-Cost Appliances in Lowell, MA
See which appliances cost the most to run at Lowell's 30.3¢/kWh electricity rate.
Level 2 EV Charger (240V)
Transportation · 7,200W
$3,924/yr
$327.02/mo
Electric Furnace
HVAC · 10,000W
$2,725/yr
$227.10/mo
EV Charger (Level 2)
Garage · 7,200W
$1,962/yr
$163.51/mo
Boiler (Electric)
HVAC · 6,000W
$1,635/yr
$136.26/mo
Electric Water Heater (Tank)
Water Heating · 4,500W
$1,492/yr
$124.34/mo
Water Heater (Tank Electric)
Water Heating · 4,500W
$1,492/yr
$124.34/mo
Heat Pump
HVAC · 2,400W
$1,163/yr
$96.90/mo
Hot Tub / Spa
Pool & Spa · 3,000W
$1,090/yr
$90.84/mo
Electric Tankless Water Heater Cost in Other Massachusetts Cities
| City | Rate | Annual Cost | vs Lowell |
|---|---|---|---|
| Lowell (current) | 30.3¢ | $1,989 | — |
| Boston | 27.8¢ | $1,825 | $-164 |
| Worcester | 29.6¢ | $1,945 | $-45 |
| Springfield | 29.2¢ | $1,916 | $-73 |
| Cambridge | 26.9¢ | $1,769 | $-220 |
| Brockton | 21.0¢ | $1,382 | $-608 |
| Quincy | 21.4¢ | $1,409 | $-580 |
| New Bedford | 23.4¢ | $1,539 | $-450 |
| Lynn | 21.5¢ | $1,415 | $-574 |
Electric Tankless Water Heater Energy Cost FAQ — Lowell, MA
Understanding Electric Tankless Water Heater Energy Costs in Lowell, MA
Lowell is a mid-sized Massachusetts city where residential electricity rates from Eversource Energy are shaped by regional energy supply and local demand patterns. Running a high-draw appliance like the Electric Tankless Water Heater (18,000W) at Lowell's rate of 30.3¢/kWh costs approximately $1,989 per year — $1135 more than the national average of $854.
Electricity in Lowell is significantly more expensive than the national average — 133% higher. For a Electric Tankless Water Heater used 1 hours per day, this rate premium adds up to $1,135 in extra annual costs. Energy-efficient models and usage habits have an outsized impact in high-rate markets like this.
Lowell has a high cost of living (index: 133), 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 Electric Tankless Water Heater can cut energy use by up to 24%, saving approximately $477 per year at Lowell rates.
Lowell's moderate climate (avg 44.7°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. Lowell 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 Lowell.
Compare All Energy Costs in Lowell
See energy costs for 168+ household appliances at Lowell's local electricity rate.