Water Heater running cost

How much does it cost to run a water heater?

We've pre-filled a typical water heater below. Set your electricity rate and adjust the hours to match how you use yours — the cost updates instantly.

This is about the electricity cost of running a water heater, not the price to buy or install one — that's a separate one-time cost, usually $800–$2,500.

Typical power 4,000W Usual range 3,000–5,500W Category Laundry & water
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watts
3 h
$/kWh

An electric tank heater's elements pull 3,000–5,500W and cycle on through the day — often ~10–13 kWh/day.

Running a water heater at 4,000W for 3 h a day costs about

$62.10/ month  ·  $745 / year
$0.68
per hour
$2.04
per day
$62.10
per month
$745
per year
That's about 41% of a typical home's monthly electricity use.
Each day it uses 12.00 kWh — a major all-day load — on par with a home's heating, cooling or hot water.
Running it just one hour less a day would save about $248 a year. Turn the thermostat down to 120°F — plenty hot, and it cuts both reheating and standby loss.
Shopping for a more efficient one?
A newer, higher-efficiency water heater can cut what it costs to run — here's where to compare.

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An electric water heater is usually the second-biggest energy user in a home after heating and cooling. The elements draw several thousand watts, and although they only switch on to reheat the tank, that adds up to roughly 10–13 kWh on a normal day for a family — every day, all year.

Because it's reheating water you've used (and losing a bit of standby heat from the tank), the cost tracks your hot-water habits more than anything else.

What drives the cost of running a water heater

How to cut it

Common questions

How much does it cost to run a water heater per month?

At a typical 4,000W and about 3 hours a day, a water heater costs roughly $61 a month at $0.17/kWh. Set your own rate and hours above for an exact figure.

How can I cut the cost of running a water heater?

Turn the thermostat down to 120°F — plenty hot, and it cuts both reheating and standby loss.

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