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.
Gas vs electric water heater operating cost.
This difference in operating costs makes it.
A tankless electric water heater has an average cost between 800 and 1 500 plus an additional 800 to 1 200 for installation.
Electric water heaters typically have a lower upfront cost than gas water heaters.
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.
Operating costs tend to be lower.
Gas water heaters are expensive to purchase.
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.
Installation can be complicated and expensive.
The comparison assumes a storage tank water heater as the input type.
2 gas tankless water heater pros and cons.
1 comparison chart of electric vs gas tankless water heaters.
An electric hot water heater ranges in costs from about 300 to 700 while a gas heater ranges from 400 to 800.
Proper venting is critical.
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 are less energy efficient than electric heaters but the cost of electricity itself makes the running costs of an electric heater higher.
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.
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.
After analyzing gas vs.
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.
However if you purchase.
0 92 electric 0 61 gas energy cost 0 06 per kwh 60 per therm.
Gas heaters can have a higher capacity.
In many cases using an electric water heater will result in higher utility costs as compared to using a gas water heater.
Gas heaters pose a.