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.

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. For a model with electronic ignition to remove the need for a pilot light you ll need to pay closer to 1 200. They also cost more upfront than an electric. 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.

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. The cost of a water heater varies depending mainly on how big. 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.

A gas water heater costs at least twice as much as an electric heater. Electric water heaters range in cost as little as 300 to as much as 1 500 not including installation costs. Gas water heaters average in cost from around 400 to as high as 2 000 not including labor fees. Amazon lists the most popular gas water heaters priced from 250 to 1500 and the most popular electric water heaters from 300 to 2880.

For a high quality unit you can expect to spend a minimum of 1 000. 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. The actual cost of a gas water heater is similar to an electric water heater. 0 92 electric 0 61 gas energy cost 0 06 per kwh 60 per therm.

After analyzing gas vs. The comparison assumes a storage tank water heater as the input type. However gas water heaters operate using either natural gas or propane. 250 to 500 for electric.

An electric hot water heater ranges in costs from about 300to 700while a gas heater ranges from 400to 800. Quantity of water heaters to be purchased unit s 1 unit see assumptions for various daily water use totals. Cost 300 to 600 for gas.