Water Heater Gas Vs Electric Cost

On the flip side it usually costs less to operate a gas water heater because in many areas of the country the cost of natural gas is lower than the cost of electricity.

Water heater gas vs electric cost.

250 to 500 for electric. The actual cost of a gas water heater is similar to an electric water heater. Amazon lists the most popular gas water heaters priced from 250 to 1500 and the most popular electric water heaters from 300 to 2880. Average shower 8 minutes 10 gallons of hot water.

Depending on your local utility costs gas water heaters are typically cheaper to operate than electric. However based on energy savings gas heaters generally make up the difference in price in about one year. Gas water heaters average in cost from around 400 to as high as 2 000 not including labor fees. 0 93 per therm for gas is the federal average price in the u s.

Cost 300 to 600 for gas. In general however statistics show that a gas water heat will cost around 30 month for the average home while an electric heater will cost you closer to 42. Lifetime energy cost is the sum of the discounted value of the annual energy costs based on assumed water heater life of 13 years. Future electricity price trends and a discount rate of 3 2 are based on federal guidelines.

A gas water heater costs at least twice as much as an electric heater. Gas water heaters typically cost about 30 a month to run while electric water heaters run closer to 42 a month depending on utility rates. 0 09 per kwh for electricity is the federal average price in the u s. Electric vs gas water heater average costs.

Utility costs may vary. Installation typically costs about as much as the water heater. We calculated that the annual operating cost for a gas model is 245 based on an average price of 10 86 per 1 000 cubic feet of natural gas and the yearly cost of running an electric model is. Running your water heater on gas is typically cheaper than using electricity note.

However gas water heaters operate using either natural gas or propane. Hot water usage estimates. Electric water heater operating costs bluejay says that gas is almost always cheaper than electric assuming that you already have natural gas piped into your home. After analyzing gas vs.