Gas Vs Electric Hot Water Heater Cost

For a model with electronic ignition to remove the need for a pilot light you ll need to pay closer to 1 200.

Gas vs electric hot water heater cost.

For a high quality unit you can expect to spend a minimum of 1 000. 0 92 electric 0 61 gas energy cost 0 06 per kwh 60 per therm. However based on energy savings gas heaters generally make up the difference in price in about one year. However gas water heaters operate using either natural gas or propane.

The actual cost of a gas water heater is similar to an electric water heater. 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. The cost of a water heater varies depending mainly on how big. An electric hot water heater ranges in costs from about 300to 700while a gas heater ranges from 400to 800.

Utility costs may vary. The comparison assumes a storage tank water heater as the input type. Gas water heaters tend to have higher initial costs than comparable electric water heaters but can also cost less to operate. 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.

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. Installation typically costs about as much as the water heater. Running your water heater on gas is typically cheaper than using electricity note. Gas water heaters average in cost from around 400 to as high as 2 000 not including labor fees.

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. Electric water heaters range in cost as little as 300 to as much as 1 500 not including installation costs. Quantity of water heaters to be purchased unit s 1 unit see assumptions for various daily water use totals. 250 to 500 for electric.

Depending on your local utility costs gas water heaters are typically cheaper to operate than electric. After analyzing gas vs. They also cost more upfront than an electric.