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Cost to run an electric water heater in Maryland (August 2026 rates)

At 21.40¢ per kilowatt-hour — Maryland's average residential price in August 2026 — running an electric water heater costs $749 a year. That is 18% more than the national average of $636. Maryland's residential rate is up 7.6% from August 2025, which moves this appliance from $696 to $749 a year.

Per day
$2.05
Per month
$62.42
Per year
$749

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. Use the calculator to swap in the numbers from your own model.

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How Maryland compares

Maryland pays 21.40¢/kWh, the 15th most expensive residential electricity of the 51 U.S. jurisdictions EIA reports. For this appliance that works out to $113 more a year than the typical U.S. household pays for the same use. Running the same electric water heater costs $445 a year in Nevada and $1,651 in Hawaii, so where you live changes this bill by $1,206 a year.

StateRatePer monthPer year
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

States ranked by average residential price, cheapest first. See all 51 states for an electric water heater.

What else costs about the same in Maryland

Cutting the number down

Questions

How much does an electric water heater cost per month in Maryland?
About $62.42 a month, assuming 3,500 kWh a year at 21.40¢/kWh.
How many kilowatt-hours does an electric water heater use?
Roughly 3,500 kWh a year under these assumptions.
Is that expensive compared with other states?
Maryland has the 15th most expensive average residential rate in the country, so this appliance costs more here than the U.S. average of $636 a year.