Gas Vs Electric Hot Water Heater Cost

The comparison assumes a storage tank water heater as the input type.

Gas vs electric hot water heater cost. 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. However based on energy savings gas heaters generally make up the difference in price in about one year. 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. 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. Electric water heaters range in cost as little as 300 to as much as 1 500 not including installation costs. Gas water heaters tend to have higher initial costs than comparable electric water heaters but can also cost less to operate. However gas water heaters operate using either natural gas or propane.

After analyzing gas vs. For a model with electronic ignition to remove the need for a pilot light you ll need to pay closer to 1 200. For a high quality unit you can expect to spend a minimum of 1 000. 250 to 500 for electric.

Cost 300 to 600 for gas. 0 92 electric 0 61 gas energy cost 0 06 per kwh 60 per therm. The cost of a water heater varies depending mainly on how big. They also cost more upfront than an electric.

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. A gas water heater costs at least twice as much as an electric heater. Running your water heater on gas is typically cheaper than using electricity note. The actual cost of a gas water heater is similar to an electric water heater.

Utility costs may vary. Gas water heaters average in cost from around 400 to as high as 2 000 not including labor fees. Quantity of water heaters to be purchased unit s 1 unit see assumptions for various daily water use totals.