Water Heater (Tank Electric) in Bloomington — $605/yr to Run (12.3¢/kWh)
Your water heater (tank electric) in Bloomington costs about $50/month at 12.3¢/kWh. See daily, monthly, and yearly costs, plus tips to cut your bill.
Bloomington, IN Electricity Rate
12.3¢/kWh
Utility: Indiana Michigan Power
-6% vs national avg
National avg: 13.0¢/kWh
Daily Cost
$1.66
13.5 kWh/day
Monthly Cost
$50.38
411 kWh/mo
Annual Cost
$605
4,928 kWh/yr
Lifetime (12yr)
$7,255
energy only
Monthly Cost Breakdown in Bloomington
| Period | kWh | Bloomington Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 13.5 | $1.66 | $1.76 | $-0.10 |
| Weekly | 94.5 | $11.60 | $12.29 | $-0.69 |
| Monthly | 410.6 | $50.38 | $53.38 | $-3.00 |
| Quarterly | 1231.9 | $151.15 | $160.14 | $-8.99 |
| Annual | 4927.5 | $604.60 | $640.58 | $-35.97 |
Customize Your Water Heater (Tank Electric) Cost
Adjust usage hours and electricity rate to calculate your exact cost in Bloomington.
Daily
$1.66
Monthly
$50.38
Annual
$605
12-Year
$7,255
Energy Saving Tips for Water Heater (Tank Electric) in Bloomington
- ✓Bloomington has below-average electricity rates, but saving energy still reduces your carbon footprint.
- ✓An ENERGY STAR Water Heater (Tank Electric) in Bloomington saves ~$NaN/year compared to standard models.
- ✓A smart Water Heater (Tank Electric) with scheduling optimization can save ~$30/year at Bloomington rates.
- ✓Lower temperature to 120F
- ✓Insulate tank with blanket
- ✓Drain sediment twice yearly
ENERGY STAR Savings: Upgrading to an ENERGY STAR Water Heater (Tank Electric) in Bloomington saves approximately $NaN/year at local rates — $NaN over the appliance lifetime.
Highest-Cost Appliances in Bloomington, IN
See which appliances cost the most to run at Bloomington's 12.3¢/kWh electricity rate.
Level 2 EV Charger (240V)
Transportation · 7,200W
$1,590/yr
$132.52/mo
Electric Furnace
HVAC · 10,000W
$1,104/yr
$92.02/mo
Electric Tankless Water Heater
Water Heating · 18,000W
$806/yr
$67.18/mo
EV Charger (Level 2)
Garage · 7,200W
$795/yr
$66.26/mo
Boiler (Electric)
HVAC · 6,000W
$663/yr
$55.22/mo
Electric Water Heater (Tank)
Water Heating · 4,500W
$605/yr
$50.38/mo
Heat Pump
HVAC · 2,400W
$471/yr
$39.26/mo
Hot Tub / Spa
Pool & Spa · 3,000W
$442/yr
$36.81/mo
Water Heater (Tank Electric) Cost in Other Indiana Cities
| City | Rate | Annual Cost | vs Bloomington |
|---|---|---|---|
| Bloomington (current) | 12.3¢ | $605 | — |
| Indianapolis | 12.9¢ | $635 | +$30 |
| Fort Wayne | 13.3¢ | $657 | +$52 |
| Evansville | 14.4¢ | $709 | +$104 |
| South Bend | 15.0¢ | $737 | +$133 |
| Carmel | 11.0¢ | $541 | $-64 |
| Fishers | 12.4¢ | $611 | +$6 |
| Hammond | 10.3¢ | $509 | $-96 |
| Lafayette | 12.7¢ | $627 | +$23 |
Water Heater (Tank Electric) Energy Cost FAQ — Bloomington, IN
Understanding Water Heater (Tank Electric) Energy Costs in Bloomington, IN
In the Bloomington area, Indiana Michigan Power 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 Water Heater (Tank Electric) (4,500W) at Bloomington's rate of 12.3¢/kWh costs approximately $605 per year — $36 less than the national average of $641.
Rates in Bloomington are close to the national average, so the Water Heater (Tank Electric)'s annual cost of $605 is broadly representative of what most US households pay. Over the 12-year expected lifespan, total energy cost reaches $7,255.
Bloomington's cost of living index of 90.5 is below the national average, and electricity costs reflect that affordability. The Water Heater (Tank Electric) adds $50.38/month to a typical bill of $110. Upgrading to an ENERGY STAR Water Heater (Tank Electric) can cut energy use by up to undefined%, saving approximately $NaN per year at Bloomington rates.
Bloomington's moderate climate (avg 54°F) helps keep seasonal energy cost swings manageable for most appliances. A Water Heater (Tank Electric) produces approximately 3.5 tons of CO2 annually at typical usage. Bloomington 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 Bloomington.
Compare All Energy Costs in Bloomington
See energy costs for 168+ household appliances at Bloomington's local electricity rate.