Cost Difference Between Gas And Electric Hot Water Heater

0 92 electric 0 61 gas energy cost 0 06 per kwh 60 per therm.

Cost difference between gas and electric hot water heater.

Gas water heaters tend to have higher initial costs than comparable electric water heaters but can also cost less to operate. Bob vila says that while electric water heaters may cost more to run than gas powered water heaters they re less expensive to purchase because they do not require the complicated gas hookup installation fees and open flame heating mechanism of a gas water heater. Gas water heaters average in cost from around 400 to as high as 2 000 not including labor fees. Utility costs may vary.

Electric water heaters range in cost as little as 300 to as much as 1 500 not including installation costs. When the hot water is turned on cold water passes through the unit and is heated instantly. The rate of hot water produced ranges from about 2 to 5 gallons per minute with gas powered models producing hot water at a higher rate than most electric models. A tankless coil water heater provides hot water on demand without a tank.

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. Tankless water heaters can be powered by natural gas or electricity. However gas water heaters operate using either natural gas or propane. 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. 50 more efficient than gas electric water heaters. The cost of a water heater varies depending mainly on how big. After analyzing gas vs.

Can be used in any climate and the fuel sunshine is free and a renewable resource. Installation typically costs about as much as the water heater. The comparison assumes a storage tank water heater as the input type. An electric hot water heater ranges in costs from about 300to 700while a gas heater ranges from 400to 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. Amazon lists the most popular gas water heaters priced from 250 to 1500 and the most popular electric water heaters from 300 to 2880.