Gas Vs Electric Hot Water Heater Cost

However based on energy savings gas heaters generally make up the difference in price in about one year.

Gas vs electric hot water heater cost.

Utility costs may vary. 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. Cost 300 to 600 for gas. However gas water heaters operate using either natural gas or propane.

Depending on your local utility costs gas water heaters are typically cheaper to operate than electric. After analyzing gas vs. Quantity of water heaters to be purchased unit s 1 unit see assumptions for various daily water use totals. 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 actual cost of a gas water heater is similar to an electric water heater. 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. 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.

They also cost more upfront than an electric. 0 92 electric 0 61 gas energy cost 0 06 per kwh 60 per therm. The comparison assumes a storage tank water heater as the input type. The cost of a water heater varies depending mainly on how big.

Amazon lists the most popular gas water heaters priced from 250 to 1500 and the most popular electric water heaters from 300 to 2880. Gas water heaters tend to have higher initial costs than comparable electric water heaters but can also cost less to operate. Running your water heater on gas is typically cheaper than using electricity note. For a model with electronic ignition to remove the need for a pilot light you ll need to pay closer to 1 200.

An electric hot water heater ranges in costs from about 300to 700while a gas heater ranges from 400to 800. 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.