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 |
Methodology & Energy Data Sources for Chicago
How we calculate water heater (tank electric) energy costs in Chicago, IL: Cost estimates use the standard formula: Annual Cost = (Wattage ÷ 1000) × Hours per Day × Days per Year × Local kWh Rate. We model regional electricity rate variation using EIA monthly data, which captures rate differences between investor-owned utilities, municipal providers, and rural electric cooperatives.
- Appliance wattage sourced from ENERGY STAR product database, manufacturer spec sheets, and DOE residential appliance test data.
- Local kWh rate for Chicago reflects Illinois averages from EIA Form 861 (utility sales data). Rates vary by season (typically 10-20% summer premium) and time-of-use in many Illinois utilities.
- Usage patterns derived from RECS (Residential Energy Consumption Survey), EIA's official survey of US household energy use.
- Carbon footprint calculated using EPA eGRID emissions factors specific to your regional grid mix in Illinois.
Authoritative US energy data sources:
- EIA Electric Power Monthly — official US electricity rate data by state
- EIA Residential Energy Consumption Survey (RECS) — household appliance usage patterns
- ENERGY STAR Product Finder — efficiency ratings for water heater (tank electric)s
- DOE Energy Saver — Electricity — official tips and appliance comparison
- EPA eGRID — Regional Emissions — carbon intensity by grid region
- EIA State Energy Profiles — Illinois — generation mix, prices, and consumption
Disclaimer: Energy costs are estimates based on average appliance usage and Illinois state-level kWh rates. Your actual costs depend on your specific utility provider, rate plan (flat, time-of-use, demand), local fees, taxes, and renewable energy credits. Check your utility bill for exact rates. For energy efficiency upgrades, consult your local utility's rebate programs and federal tax credits via ENERGY STAR Federal Tax Credits.
Reviewed by Brazora Monk · Last updated 2026 · EIA data current as of latest monthly release
Find Your Utility, Rate Plan & Incentives in Chicago
The Illinois state-average kWh rate shown above is a baseline — your actual cost depends on your specific utility provider, rate plan, and time-of-use schedule. Plus you may be missing rebates that pay for ENERGY STAR replacements:
Each utility has its own rate plans (flat, TOU, demand):
- • EIA — Find Your Utility (by ZIP)
- • EIA Illinois State Profile
- • Time-of-use can save 20-40% if you shift heavy use to off-peak
Inflation Reduction Act provides ongoing credits:
- • ENERGY STAR Federal Tax Credits
- • 30% on solar/battery storage through 2032
- • Up to $2,000 heat pump credit annually
- • DOE — Federal Rebate Programs
State + utility-specific rebates stack with federal:
- • DSIRE — Illinois Incentive Database
- • DOE State Energy Program
- • Many utilities offer $50-500 rebates on ENERGY STAR appliances
Replace efficient = save 25-50% kWh:
NABCEP-certified installers for solar/battery: NABCEP Certified Professionals Directory. Required for many state incentives.
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 178+ household appliances at Chicago's local electricity rate.
Frequently Asked Questions
How much does it cost to run a Water Heater (Tank Electric) in Chicago, IL?
At Chicago's average electricity rate of 16.6¢/kWh, a Water Heater (Tank Electric) costs approximately $820 per year to run. That's about $68.33 per month with typical usage of 3 hours per day.
What is the electricity rate in Chicago, IL?
The average residential electricity rate in Chicago, IL is 16.6¢/kWh, which is 28% above the national average of 13.0¢/kWh. The primary utility provider is ComEd (Commonwealth Edison).
How much electricity does a Water Heater (Tank Electric) use per year?
A Water Heater (Tank Electric) uses approximately 4,500 watts and consumes about 4,928 kWh per year with typical usage of 3 hours/day for 365 days/year.
Is a Water Heater (Tank Electric) expensive to run in Chicago?
Compared to the national average cost of $641/year, running a Water Heater (Tank Electric) in Chicago costs $179 more per year due to higher local electricity rates.
How can I reduce my Water Heater (Tank Electric) energy cost in Chicago?
To reduce Water Heater (Tank Electric) costs in Chicago: Lower temperature to 120F. Insulate tank with blanket. Upgrading to an ENERGY STAR model saves up to undefined% on energy costs. Also check with ComEd (Commonwealth Edison) for local energy efficiency rebates and programs.