Tankless Water Heater (Electric) in Lincoln — $399/yr to Run (12.2¢/kWh)
Your tankless water heater (electric) in Lincoln costs about $33/month at 12.2¢/kWh. See daily, monthly, and yearly costs, plus tips to cut your bill.
Lincoln, NE Electricity Rate
12.2¢/kWh
Utility: Lincoln Electric System (LES)
-6% vs national avg
National avg: 13.0¢/kWh
Daily Cost
$1.09
9.0 kWh/day
Monthly Cost
$33.29
274 kWh/mo
Annual Cost
$399
3,285 kWh/yr
Lifetime (20yr)
$7,989
energy only
Monthly Cost Breakdown in Lincoln
| Period | kWh | Lincoln Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 9.0 | $1.09 | $1.17 | $-0.08 |
| Weekly | 63.0 | $7.66 | $8.19 | $-0.53 |
| Monthly | 273.8 | $33.29 | $35.59 | $-2.30 |
| Quarterly | 821.3 | $99.86 | $106.76 | $-6.90 |
| Annual | 3285.0 | $399.46 | $427.05 | $-27.59 |
Customize Your Tankless Water Heater (Electric) Cost
Adjust usage hours and electricity rate to calculate your exact cost in Lincoln.
Daily
$1.09
Monthly
$33.29
Annual
$399
20-Year
$7,989
Energy Saving Tips for Tankless Water Heater (Electric) in Lincoln
- ✓Lincoln has below-average electricity rates, but saving energy still reduces your carbon footprint.
- ✓An ENERGY STAR Tankless Water Heater (Electric) in Lincoln saves ~$80/year compared to standard models.
- ✓A smart Tankless Water Heater (Electric) with scheduling optimization can save ~$60/year at Lincoln 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 Lincoln saves approximately $80/year at local rates — $1,598 over the appliance lifetime.
Highest-Cost Appliances in Lincoln, NE
See which appliances cost the most to run at Lincoln's 12.2¢/kWh electricity rate.
Level 2 EV Charger (240V)
Transportation · 7,200W
$1,576/yr
$131.33/mo
Electric Furnace
HVAC · 10,000W
$1,094/yr
$91.20/mo
Electric Tankless Water Heater
Water Heating · 18,000W
$799/yr
$66.58/mo
EV Charger (Level 2)
Garage · 7,200W
$788/yr
$65.66/mo
Boiler (Electric)
HVAC · 6,000W
$657/yr
$54.72/mo
Electric Water Heater (Tank)
Water Heating · 4,500W
$599/yr
$49.93/mo
Water Heater (Tank Electric)
Water Heating · 4,500W
$599/yr
$49.93/mo
Heat Pump
HVAC · 2,400W
$467/yr
$38.91/mo
Tankless Water Heater (Electric) Cost in Other Nebraska Cities
| City | Rate | Annual Cost | vs Lincoln |
|---|---|---|---|
| Lincoln (current) | 12.2¢ | $399 | — |
| Omaha | 12.6¢ | $415 | +$15 |
| Bellevue | 10.8¢ | $356 | $-43 |
| Grand Island | 9.2¢ | $301 | $-99 |
Tankless Water Heater (Electric) Energy Cost FAQ — Lincoln, NE
Understanding Tankless Water Heater (Electric) Energy Costs in Lincoln, NE
Lincoln is a mid-sized Nebraska city where residential electricity rates from Lincoln Electric System (LES) are shaped by regional energy supply and local demand patterns. Running a high-draw appliance like the Tankless Water Heater (Electric) (18,000W) at Lincoln's rate of 12.2¢/kWh costs approximately $399 per year — $28 less than the national average of $427.
Rates in Lincoln are close to the national average, so the Tankless Water Heater (Electric)'s annual cost of $399 is broadly representative of what most US households pay. Over the 20-year expected lifespan, total energy cost reaches $7,989.
With a cost of living index of 97, Lincoln is near the national median. The Tankless Water Heater (Electric)'s monthly cost of $33.29 represents a typical share of the average Lincoln electric bill of $111/month. Upgrading to an ENERGY STAR Tankless Water Heater (Electric) can cut energy use by up to 20%, saving approximately $80 per year at Lincoln rates.
Lincoln's moderate climate (avg 51.5°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. Lincoln 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 Lincoln.
Compare All Energy Costs in Lincoln
See energy costs for 178+ household appliances at Lincoln's local electricity rate.
Frequently Asked Questions
How much does it cost to run a Tankless Water Heater (Electric) in Lincoln, NE?
At Lincoln's average electricity rate of 12.2¢/kWh, a Tankless Water Heater (Electric) costs approximately $399 per year to run. That's about $33.29 per month with typical usage of 0.5 hours per day.
What is the electricity rate in Lincoln, NE?
The average residential electricity rate in Lincoln, NE is 12.2¢/kWh, which is 6% below the national average of 13.0¢/kWh. The primary utility provider is Lincoln Electric System (LES).
How much electricity does a Tankless Water Heater (Electric) use per year?
A Tankless Water Heater (Electric) uses approximately 18,000 watts and consumes about 3,285 kWh per year with typical usage of 0.5 hours/day for 365 days/year.
Is a Tankless Water Heater (Electric) expensive to run in Lincoln?
Compared to the national average cost of $427/year, running a Tankless Water Heater (Electric) in Lincoln costs $28 less per year due to lower local electricity rates.
How can I reduce my Tankless Water Heater (Electric) energy cost in Lincoln?
To reduce Tankless Water Heater (Electric) costs in Lincoln: Provides hot water on demand with no standby loss. Flush annually to remove scale. Upgrading to an ENERGY STAR model saves up to 20% on energy costs. Also check with Lincoln Electric System (LES) for local energy efficiency rebates and programs.