Water Heater (Tank Electric) in Chicago — $820/yr to Run (16.6¢/kWh)
Your water heater (tank electric) in Chicago costs about $68/month at 16.6¢/kWh. See daily, monthly, and yearly costs, plus tips to cut your bill.
Chicago, IL Electricity Rate
16.6¢/kWh
Utility: ComEd (Commonwealth Edison)
+28% vs national avg
National avg: 13.0¢/kWh
Daily Cost
$2.25
13.5 kWh/day
Monthly Cost
$68.33
411 kWh/mo
Annual Cost
$820
4,928 kWh/yr
Lifetime (12yr)
$9,839
energy only
Monthly Cost Breakdown in Chicago
| Period | kWh | Chicago Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 13.5 | $2.25 | $1.76 | +$0.49 |
| Weekly | 94.5 | $15.72 | $12.29 | +$3.44 |
| Monthly | 410.6 | $68.33 | $53.38 | +$14.95 |
| Quarterly | 1231.9 | $204.98 | $160.14 | +$44.84 |
| Annual | 4927.5 | $819.94 | $640.58 | +$179.36 |
Customize Your Water Heater (Tank Electric) Cost
Adjust usage hours and electricity rate to calculate your exact cost in Chicago.
Daily
$2.25
Monthly
$68.33
Annual
$820
12-Year
$9,839
Energy Saving Tips for Water Heater (Tank Electric) in Chicago
- ✓Chicago electricity rates are 28% above the national average — energy efficiency matters more here.
- ✓An ENERGY STAR Water Heater (Tank Electric) in Chicago saves ~$NaN/year compared to standard models.
- ✓A smart Water Heater (Tank Electric) with scheduling optimization can save ~$41/year at Chicago 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 Chicago saves approximately $NaN/year at local rates — $NaN over the appliance lifetime.
Highest-Cost Appliances in Chicago, IL
See which appliances cost the most to run at Chicago's 16.6¢/kWh electricity rate.
Level 2 EV Charger (240V)
Transportation · 7,200W
$2,157/yr
$179.71/mo
Electric Furnace
HVAC · 10,000W
$1,498/yr
$124.80/mo
Electric Tankless Water Heater
Water Heating · 18,000W
$1,093/yr
$91.10/mo
EV Charger (Level 2)
Garage · 7,200W
$1,078/yr
$89.86/mo
Boiler (Electric)
HVAC · 6,000W
$899/yr
$74.88/mo
Electric Water Heater (Tank)
Water Heating · 4,500W
$820/yr
$68.33/mo
Heat Pump
HVAC · 2,400W
$639/yr
$53.25/mo
Hot Tub / Spa
Pool & Spa · 3,000W
$599/yr
$49.92/mo
Water Heater (Tank Electric) Cost in Other Illinois Cities
| City | Rate | Annual Cost | vs Chicago |
|---|---|---|---|
| Chicago (current) | 16.6¢ | $820 | — |
| Aurora | 15.0¢ | $738 | $-82 |
| Joliet | 14.4¢ | $710 | $-110 |
| Naperville | 14.6¢ | $722 | $-98 |
| Rockford | 17.0¢ | $839 | +$19 |
| Elgin | 13.6¢ | $669 | $-151 |
| Springfield | 15.9¢ | $782 | $-38 |
| Peoria | 16.9¢ | $830 | +$10 |
| Waukegan | 14.3¢ | $705 | $-115 |
Water Heater (Tank Electric) Energy Cost FAQ — Chicago, IL
Understanding Water Heater (Tank Electric) Energy Costs in Chicago, IL
In a major metro like Chicago, electricity demand is high and rates reflect the cost of maintaining infrastructure for 2.7 million residents. Running a high-draw appliance like the Water Heater (Tank Electric) (4,500W) at Chicago's rate of 16.6¢/kWh costs approximately $820 per year — $179 more than the national average of $641.
Electricity in Chicago is significantly more expensive than the national average — 28% higher. For a Water Heater (Tank Electric) used 3 hours per day, this rate premium adds up to $179 in extra annual costs. Energy-efficient models and usage habits have an outsized impact in high-rate markets like this.
Chicago's cost of living index of 87 is below the national average, and electricity costs reflect that affordability. The Water Heater (Tank Electric) adds $68.33/month to a typical bill of $141. Upgrading to an ENERGY STAR Water Heater (Tank Electric) can cut energy use by up to undefined%, saving approximately $NaN per year at Chicago rates.
Chicago's moderate climate (avg 45°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. Chicago 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 Chicago.
Compare All Energy Costs in Chicago
See energy costs for 168+ household appliances at Chicago's local electricity rate.