Tankless Water Heater (Electric) in Akron — $443/yr to Run (13.5¢/kWh)
Your tankless water heater (electric) in Akron costs about $37/month at 13.5¢/kWh. See daily, monthly, and yearly costs, plus tips to cut your bill.
Akron, OH Electricity Rate
13.5¢/kWh
Utility: AEP Ohio
+4% vs national avg
National avg: 13.0¢/kWh
Daily Cost
$1.22
9.0 kWh/day
Monthly Cost
$36.96
274 kWh/mo
Annual Cost
$443
3,285 kWh/yr
Lifetime (20yr)
$8,870
energy only
Monthly Cost Breakdown in Akron
| Period | kWh | Akron Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 9.0 | $1.22 | $1.17 | +$0.05 |
| Weekly | 63.0 | $8.51 | $8.19 | +$0.32 |
| Monthly | 273.8 | $36.96 | $35.59 | +$1.37 |
| Quarterly | 821.3 | $110.87 | $106.76 | +$4.11 |
| Annual | 3285.0 | $443.48 | $427.05 | +$16.43 |
Customize Your Tankless Water Heater (Electric) Cost
Adjust usage hours and electricity rate to calculate your exact cost in Akron.
Daily
$1.22
Monthly
$36.96
Annual
$443
20-Year
$8,870
Energy Saving Tips for Tankless Water Heater (Electric) in Akron
- ✓Akron electricity rates are 4% above the national average — energy efficiency matters more here.
- ✓An ENERGY STAR Tankless Water Heater (Electric) in Akron saves ~$89/year compared to standard models.
- ✓A smart Tankless Water Heater (Electric) with scheduling optimization can save ~$67/year at Akron rates.
- ✓Provides hot water on demand with no standby loss
- ✓Flush annually to remove scale
- ✓Requires dedicated electrical circuit
ENERGY STAR Savings: Upgrading to an ENERGY STAR Tankless Water Heater (Electric) in Akron saves approximately $89/year at local rates — $1,774 over the appliance lifetime.
Highest-Cost Appliances in Akron, OH
See which appliances cost the most to run at Akron's 13.5¢/kWh electricity rate.
Level 2 EV Charger (240V)
Transportation · 7,200W
$1,750/yr
$145.80/mo
Electric Furnace
HVAC · 10,000W
$1,215/yr
$101.25/mo
Electric Tankless Water Heater
Water Heating · 18,000W
$887/yr
$73.91/mo
EV Charger (Level 2)
Garage · 7,200W
$875/yr
$72.90/mo
Boiler (Electric)
HVAC · 6,000W
$729/yr
$60.75/mo
Electric Water Heater (Tank)
Water Heating · 4,500W
$665/yr
$55.43/mo
Water Heater (Tank Electric)
Water Heating · 4,500W
$665/yr
$55.43/mo
Heat Pump
HVAC · 2,400W
$518/yr
$43.20/mo
Tankless Water Heater (Electric) Cost in Other Ohio Cities
Tankless Water Heater (Electric) Energy Cost FAQ — Akron, OH
Understanding Tankless Water Heater (Electric) Energy Costs in Akron, OH
Akron is a mid-sized Ohio city where residential electricity rates from AEP Ohio are shaped by regional energy supply and local demand patterns. Running a high-draw appliance like the Tankless Water Heater (Electric) (18,000W) at Akron's rate of 13.5¢/kWh costs approximately $443 per year — $16 more than the national average of $427.
Akron rates are 4% above the national average — a modest premium that adds $16 per year to Tankless Water Heater (Electric) operating costs. Over the appliance's 20-year lifespan, that's $329 in cumulative extra spending versus the national average.
Akron's cost of living index of 89 is below the national average, and electricity costs reflect that affordability. The Tankless Water Heater (Electric) adds $36.96/month to a typical bill of $136. Upgrading to an ENERGY STAR Tankless Water Heater (Electric) can cut energy use by up to 20%, saving approximately $89 per year at Akron rates.
Akron's moderate climate (avg 45.6°F) helps keep seasonal energy cost swings manageable for most appliances. A Tankless Water Heater (Electric) produces approximately 2.35 tons of CO2 annually at typical usage. Akron 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 Akron.
Compare All Energy Costs in Akron
See energy costs for 168+ household appliances at Akron's local electricity rate.