Tankless Water Heater (Electric) in Winston-Salem — $459/yr to Run (14.0¢/kWh)
Your tankless water heater (electric) in Winston-Salem costs about $38/month at 14.0¢/kWh. See daily, monthly, and yearly costs, plus tips to cut your bill.
Winston-Salem, NC Electricity Rate
14.0¢/kWh
Utility: Duke Energy Carolinas
+8% vs national avg
National avg: 13.0¢/kWh
Daily Cost
$1.26
9.0 kWh/day
Monthly Cost
$38.27
274 kWh/mo
Annual Cost
$459
3,285 kWh/yr
Lifetime (20yr)
$9,185
energy only
Monthly Cost Breakdown in Winston-Salem
| Period | kWh | Winston-Salem Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 9.0 | $1.26 | $1.17 | +$0.09 |
| Weekly | 63.0 | $8.81 | $8.19 | +$0.62 |
| Monthly | 273.8 | $38.27 | $35.59 | +$2.68 |
| Quarterly | 821.3 | $114.81 | $106.76 | +$8.05 |
| Annual | 3285.0 | $459.24 | $427.05 | +$32.19 |
Customize Your Tankless Water Heater (Electric) Cost
Adjust usage hours and electricity rate to calculate your exact cost in Winston-Salem.
Daily
$1.26
Monthly
$38.27
Annual
$459
20-Year
$9,185
Energy Saving Tips for Tankless Water Heater (Electric) in Winston-Salem
- ✓Winston-Salem electricity rates are 8% above the national average — energy efficiency matters more here.
- ✓An ENERGY STAR Tankless Water Heater (Electric) in Winston-Salem saves ~$92/year compared to standard models.
- ✓A smart Tankless Water Heater (Electric) with scheduling optimization can save ~$69/year at Winston-Salem 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 Winston-Salem saves approximately $92/year at local rates — $1,837 over the appliance lifetime.
Highest-Cost Appliances in Winston-Salem, NC
See which appliances cost the most to run at Winston-Salem's 14.0¢/kWh electricity rate.
Level 2 EV Charger (240V)
Transportation · 7,200W
$1,812/yr
$150.98/mo
Electric Furnace
HVAC · 10,000W
$1,258/yr
$104.85/mo
Electric Tankless Water Heater
Water Heating · 18,000W
$918/yr
$76.54/mo
EV Charger (Level 2)
Garage · 7,200W
$906/yr
$75.49/mo
Boiler (Electric)
HVAC · 6,000W
$755/yr
$62.91/mo
Electric Water Heater (Tank)
Water Heating · 4,500W
$689/yr
$57.41/mo
Water Heater (Tank Electric)
Water Heating · 4,500W
$689/yr
$57.41/mo
Heat Pump
HVAC · 2,400W
$537/yr
$44.74/mo
Tankless Water Heater (Electric) Cost in Other North Carolina Cities
| City | Rate | Annual Cost | vs Winston-Salem |
|---|---|---|---|
| Winston-Salem (current) | 14.0¢ | $459 | — |
| Charlotte | 13.3¢ | $438 | $-21 |
| Raleigh | 12.7¢ | $418 | $-41 |
| Greensboro | 13.6¢ | $448 | $-11 |
| Durham | 13.3¢ | $436 | $-23 |
| Fayetteville | 12.7¢ | $419 | $-41 |
| Cary | 13.1¢ | $429 | $-30 |
| Wilmington | 14.1¢ | $462 | +$2 |
| High Point | 13.5¢ | $444 | $-15 |
Tankless Water Heater (Electric) Energy Cost FAQ — Winston-Salem, NC
Understanding Tankless Water Heater (Electric) Energy Costs in Winston-Salem, NC
Winston-Salem is a mid-sized North Carolina city where residential electricity rates from Duke Energy Carolinas are shaped by regional energy supply and local demand patterns. Running a high-draw appliance like the Tankless Water Heater (Electric) (18,000W) at Winston-Salem's rate of 14.0¢/kWh costs approximately $459 per year — $32 more than the national average of $427.
Winston-Salem rates are 8% above the national average — a modest premium that adds $32 per year to Tankless Water Heater (Electric) operating costs. Over the appliance's 20-year lifespan, that's $644 in cumulative extra spending versus the national average.
With a cost of living index of 97, Winston-Salem is near the national median. The Tankless Water Heater (Electric)'s monthly cost of $38.27 represents a typical share of the average Winston-Salem electric bill of $122/month. Upgrading to an ENERGY STAR Tankless Water Heater (Electric) can cut energy use by up to 20%, saving approximately $92 per year at Winston-Salem rates.
Winston-Salem's moderate climate (avg 64.7°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. Winston-Salem 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 Winston-Salem.
Compare All Energy Costs in Winston-Salem
See energy costs for 168+ household appliances at Winston-Salem's local electricity rate.