Tankless Water Heater (Electric) in Edmond — $351/yr to Run (10.7¢/kWh)
Your tankless water heater (electric) in Edmond costs about $29/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
$0.96
9.0 kWh/day
Monthly Cost
$29.21
274 kWh/mo
Annual Cost
$351
3,285 kWh/yr
Lifetime (20yr)
$7,010
energy only
Monthly Cost Breakdown in Edmond
| Period | kWh | Edmond Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 9.0 | $0.96 | $1.17 | $-0.21 |
| Weekly | 63.0 | $6.72 | $8.19 | $-1.47 |
| Monthly | 273.8 | $29.21 | $35.59 | $-6.38 |
| Quarterly | 821.3 | $87.63 | $106.76 | $-19.14 |
| Annual | 3285.0 | $350.51 | $427.05 | $-76.54 |
Customize Your Tankless Water Heater (Electric) Cost
Adjust usage hours and electricity rate to calculate your exact cost in Edmond.
Daily
$0.96
Monthly
$29.21
Annual
$351
20-Year
$7,010
Energy Saving Tips for Tankless Water Heater (Electric) in Edmond
- ✓Edmond has below-average electricity rates, but saving energy still reduces your carbon footprint.
- ✓An ENERGY STAR Tankless Water Heater (Electric) in Edmond saves ~$70/year compared to standard models.
- ✓A smart Tankless Water Heater (Electric) with scheduling optimization can save ~$53/year at Edmond 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 Edmond saves approximately $70/year at local rates — $1,402 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
Electric Tankless Water Heater
Water Heating · 18,000W
$701/yr
$58.42/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
Tankless Water Heater (Electric) Cost in Other Oklahoma Cities
| City | Rate | Annual Cost | vs Edmond |
|---|---|---|---|
| Edmond (current) | 10.7¢ | $351 | — |
| Oklahoma City | 11.4¢ | $374 | +$23 |
| Tulsa | 11.8¢ | $389 | +$38 |
| Norman | 9.8¢ | $323 | $-28 |
| Broken Arrow | 11.6¢ | $380 | +$30 |
| Lawton | 12.5¢ | $412 | +$61 |
| Moore | 9.6¢ | $316 | $-34 |
| Midwest City | 12.2¢ | $402 | +$52 |
| Stillwater | 12.5¢ | $412 | +$61 |
Tankless Water Heater (Electric) Energy Cost FAQ — Edmond, OK
Understanding Tankless Water Heater (Electric) 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 Tankless Water Heater (Electric) (18,000W) at Edmond's rate of 10.7¢/kWh costs approximately $351 per year — $77 less than the national average of $427.
Rates in Edmond are close to the national average, so the Tankless Water Heater (Electric)'s annual cost of $351 is broadly representative of what most US households pay. Over the 20-year expected lifespan, total energy cost reaches $7,010.
With a cost of living index of 95.2, Edmond is near the national median. The Tankless Water Heater (Electric)'s monthly cost of $29.21 represents a typical share of the average Edmond electric bill of $96/month. Upgrading to an ENERGY STAR Tankless Water Heater (Electric) can cut energy use by up to 20%, saving approximately $70 per year at Edmond rates.
Edmond's moderate climate (avg 60°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. 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.