Gas Vs Electric Water Heater Operating Cost

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Gas vs electric water heater operating cost.

On average however a gas heater costs around 200 to 400 a month to run. Most homeowners save between 150 200 a year with a propane water heater versus an electric one but the cost of a new propane water heater could offset the savings for the first couple of years. 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. The comparison assumes a storage tank water heater as the input type.

However you will have to take the cost of the electricity used to operate the heater into consideration. Operating costs tend to be lower. 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. Quantity of water heaters to be purchased unit s 1 unit see assumptions for various daily water use totals.

A tankless electric water heater has an average cost between 800 and 1 500 plus an additional 800 to 1 200 for installation. However if you purchase. 2 gas tankless water heater pros and cons. 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.

If you are already equipped with an electric water heater it might not make sense to convert to propane. Electric heat pumps cost less coming in at about 100 to 200 a month. Electric water heaters typically have a lower upfront cost than gas water heaters. Proper venting is critical.

Gas water heaters are expensive to purchase. Gas water heaters are less energy efficient than electric heaters but the cost of electricity itself makes the running costs of an electric heater higher. Cost of a gas hot water heater gas water heater costs also depend on whether it has a storage tank the unit s size and the difficulty of the installation. An electric hot water heater ranges in costs from about 300 to 700 while a gas heater ranges from 400 to 800.

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. 1 comparison chart of electric vs gas tankless water heaters. After analyzing gas vs. This difference in operating costs makes it.

In many cases using an electric water heater will result in higher utility costs as compared to using a gas water heater. A gas water heater uses the heat from burning a fuel usually natural gas to heat water while an electric water heater uses electric resistance coils.