Water Heater (Tank Electric) in Evansville — $709/yr to Run (14.4¢/kWh)
Your water heater (tank electric) in Evansville costs about $59/month at 14.4¢/kWh. See daily, monthly, and yearly costs, plus tips to cut your bill.
Evansville, IN Electricity Rate
14.4¢/kWh
Utility: AES Indiana
+11% vs national avg
National avg: 13.0¢/kWh
Daily Cost
$1.94
13.5 kWh/day
Monthly Cost
$59.09
411 kWh/mo
Annual Cost
$709
4,928 kWh/yr
Lifetime (12yr)
$8,509
energy only
Monthly Cost Breakdown in Evansville
| Period | kWh | Evansville Cost | National Avg | Difference |
|---|---|---|---|---|
| Daily | 13.5 | $1.94 | $1.76 | +$0.19 |
| Weekly | 94.5 | $13.60 | $12.29 | +$1.31 |
| Monthly | 410.6 | $59.09 | $53.38 | +$5.71 |
| Quarterly | 1231.9 | $177.27 | $160.14 | +$17.12 |
| Annual | 4927.5 | $709.07 | $640.58 | +$68.49 |
Customize Your Water Heater (Tank Electric) Cost
Adjust usage hours and electricity rate to calculate your exact cost in Evansville.
Daily
$1.94
Monthly
$59.09
Annual
$709
12-Year
$8,509
Energy Saving Tips for Water Heater (Tank Electric) in Evansville
- ✓Evansville electricity rates are 11% above the national average — energy efficiency matters more here.
- ✓An ENERGY STAR Water Heater (Tank Electric) in Evansville saves ~$NaN/year compared to standard models.
- ✓A smart Water Heater (Tank Electric) with scheduling optimization can save ~$35/year at Evansville 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 Evansville saves approximately $NaN/year at local rates — $NaN over the appliance lifetime.
Highest-Cost Appliances in Evansville, IN
See which appliances cost the most to run at Evansville's 14.4¢/kWh electricity rate.
Level 2 EV Charger (240V)
Transportation · 7,200W
$1,865/yr
$155.41/mo
Electric Furnace
HVAC · 10,000W
$1,295/yr
$107.92/mo
Electric Tankless Water Heater
Water Heating · 18,000W
$945/yr
$78.79/mo
EV Charger (Level 2)
Garage · 7,200W
$932/yr
$77.71/mo
Boiler (Electric)
HVAC · 6,000W
$777/yr
$64.75/mo
Electric Water Heater (Tank)
Water Heating · 4,500W
$709/yr
$59.09/mo
Heat Pump
HVAC · 2,400W
$553/yr
$46.05/mo
Hot Tub / Spa
Pool & Spa · 3,000W
$518/yr
$43.17/mo
Water Heater (Tank Electric) Cost in Other Indiana Cities
| City | Rate | Annual Cost | vs Evansville |
|---|---|---|---|
| Evansville (current) | 14.4¢ | $709 | — |
| Indianapolis | 12.9¢ | $635 | $-74 |
| Fort Wayne | 13.3¢ | $657 | $-52 |
| South Bend | 15.0¢ | $737 | +$28 |
| Carmel | 11.0¢ | $541 | $-168 |
| Fishers | 12.4¢ | $611 | $-99 |
| Bloomington | 12.3¢ | $605 | $-104 |
| Hammond | 10.3¢ | $509 | $-201 |
| Lafayette | 12.7¢ | $627 | $-82 |
Water Heater (Tank Electric) Energy Cost FAQ — Evansville, IN
Understanding Water Heater (Tank Electric) Energy Costs in Evansville, IN
Evansville is a mid-sized Indiana city where residential electricity rates from AES Indiana are shaped by regional energy supply and local demand patterns. Running a high-draw appliance like the Water Heater (Tank Electric) (4,500W) at Evansville's rate of 14.4¢/kWh costs approximately $709 per year — $68 more than the national average of $641.
Evansville rates are 11% above the national average — a modest premium that adds $68 per year to Water Heater (Tank Electric) operating costs. Over the appliance's 12-year lifespan, that's $822 in cumulative extra spending versus the national average.
With a cost of living index of 99, Evansville is near the national median. The Water Heater (Tank Electric)'s monthly cost of $59.09 represents a typical share of the average Evansville electric bill of $101/month. Upgrading to an ENERGY STAR Water Heater (Tank Electric) can cut energy use by up to undefined%, saving approximately $NaN per year at Evansville rates.
Evansville's moderate climate (avg 46.4°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. Evansville 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 Evansville.
Compare All Energy Costs in Evansville
See energy costs for 168+ household appliances at Evansville's local electricity rate.