Gas Vs Electric Water Heater Operating Cost Ontario

Installation typically costs about as much as the water heater.

Gas vs electric water heater operating cost ontario. Based on fuel rates as of december 2018. Electricity nearly four times cleaner than natural gas cost nearly five times as much as natural gas in ottawa and nearly 8 times as much in eastern muskoka. Quantity of water heaters to be purchased unit s 1 unit see assumptions for various daily water use totals. Natural gas costs 3 82 cents per kwh and its cipk is 187 9 grams.

After analyzing gas vs. The homeowner gas heating usually costs from the us 200 to the us 800 for one year. 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 typical water heater holds anywhere from 151 litres to 227 litres of hot water.

Natural gas heaters cost only about the us 200 compared to electric heaters that can cost at least us 500. Gas water heaters tend to have higher initial costs than comparable electric water heaters but can also cost less to operate. Consider both the purchase price and the long term costs of water heating options. An electric hot water heater ranges in costs from about 300 to 700 while a gas heater ranges from 400 to 800.

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. Water heater operating cost comparison tank technology fuel type energy source uef uniform energy factor annual operating costs standard 50 gallon gas storage tank natural gas 0 60 309 standard 50 gallon gas storage tank propane 0 60 745 standard 50 gallon electric storage tank electricity 0 95 626 tankless technology fuel type energy source uef uniform energy factor annual operating. 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.

Gasoline costs 10 5 cents per kwh and its cipk is 258 4 grams. Gas water heaters average in cost from around 400 to as high as 2 000 not including labor fees. Compare natural gas water heating costs to electricity for your area. Without a doubt if you want to save money the gas heater is a perfect choice.

Water heaters have different operating costs. A natural gas water heater saves you approximately 180 a year compared to 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. Compare electric vs gas water heater costs summary.