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How much does it cost to run an electric water heater?

At the U.S. average residential price of 18.16¢ per kilowatt-hour (August 2026), running an electric water heater costs about $636 a year. Your own bill depends on your state's rate, which ranges from 12.72¢ to 47.18¢ across the country.

Per day
$1.74
Per month
$52.97
Per year
$636

Assumption: 3,500 kWh a year. A 50-gallon resistance tank for a household of three or four. This is typically the largest or second-largest electric load in a home without electric heat.

Cost by state

Same appliance, same usage, 51 different prices. Sorted cheapest first.

StateRatePer monthPer year
Nevada12.72¢$37.10$445
Louisiana12.87¢$37.54$450
North Dakota13.31¢$38.82$466
Utah13.31¢$38.82$466
Idaho13.37¢$39.00$468
Tennessee13.42¢$39.14$470
Nebraska13.54¢$39.49$474
Kentucky13.80¢$40.25$483
Arkansas14.37¢$41.91$503
Mississippi14.43¢$42.09$505
Wyoming14.43¢$42.09$505
Washington14.63¢$42.67$512
Oklahoma14.82¢$43.23$519
North Carolina14.95¢$43.60$523
Florida14.99¢$43.72$525
Arizona15.05¢$43.90$527
South Dakota15.15¢$44.19$530
Kansas15.47¢$45.12$541
Montana15.57¢$45.41$545
South Carolina15.76¢$45.97$552
Georgia15.90¢$46.38$556
Texas15.91¢$46.40$557
Oregon15.92¢$46.43$557
Missouri16.02¢$46.73$561
West Virginia16.31¢$47.57$571
Alabama16.33¢$47.63$572
New Mexico16.51¢$48.15$578
Indiana17.02¢$49.64$596
Iowa17.06¢$49.76$597
Colorado17.17¢$50.08$601
Minnesota17.20¢$50.17$602
Virginia17.64¢$51.45$617
Delaware18.70¢$54.54$654
Illinois19.32¢$56.35$676
Ohio19.38¢$56.52$678
Wisconsin19.41¢$56.61$679
Maryland21.40¢$62.42$749
Pennsylvania21.77¢$63.50$762
Michigan22.99¢$67.05$805
Vermont23.84¢$69.53$834
Connecticut24.51¢$71.49$858
New Jersey24.61¢$71.78$861
District of Columbia25.98¢$75.78$909
New Hampshire27.64¢$80.62$967
Rhode Island28.18¢$82.19$986
New York28.65¢$83.56$1,003
Alaska29.41¢$85.78$1,029
California29.75¢$86.77$1,041
Massachusetts30.48¢$88.90$1,067
Maine32.11¢$93.65$1,124
Hawaii47.18¢$138$1,651

Cutting the number down

Questions

How many watts does an electric water heater use?
Usage is better expressed as 3,500 kWh a year.
How much does an electric water heater cost per month?
About $52.97 a month at the U.S. average rate, or $636 a year.
Where is it cheapest to run?
Nevada, at $445 a year, versus $1,651 in Hawaii — a spread of $1,206.