Gas Vs Electric Water Heater Cost Calculator

The 40 50 gallon water heater with a tank is about 350 3 000.

Gas vs electric water heater cost calculator.

Future electricity price trends and a discount rate of 3 2 are based on federal guidelines. Clothes dryer loads per week. An electric hot water heater ranges in costs from about 300 to 700 while a gas heater ranges from 400 to 800. The more btus the faster the unit will heat water.

Base model has an efficiency that just meets the national minimum standard for gas and electric water heaters. The cost of water heated by electric is 100 per year more than gas. Plus a gas heater costs less initially. While the gas heater is 250 1 200.

These units do not store hot water but rather heat it as needed which saves energy. Average input ratings for a gas water heater range from around 30 000 to 180 000 btus depending on size. Use this calculator to compare natural gas versus other fuels and discover the environmental advantages of using natural gas in your home. Natural gas water heating.

Water heater cost calculator. Next you can adjust your current water heater s energy factor as well as the energy factor of your new water heater. Btu kwh kwh electric range. 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.

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. Compare to water heating. Water heating whmmbtu gasfact number 1. At the bottom of the calculator are more settings you can adjust for further accuracy such as the cold water intake temperature the water heater temperature and the cost of electricity.

It includes the cost of purchase and installation the cost of operation and factors in things like the lifetime of the heater. Water heater cost types and storage. Heating water is the second largest expense in our homes according to the department of energy accounting for 14 to 18 of our utility bills. This app will help you decide which water heater to buy.

We tell you what you need to know before buying an electric or gas storage tank water heater so you can pick the best option for your home. Btu kwh kwh electric dryer. Suhre s gas co energy cost calculator. It allows comparison between your existing water heater and any number of electric or gas tanked or tankless water heaters.