Cost Difference Between Gas And Electric Hot Water Heater

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.

Cost difference between gas and electric hot water heater. The cost of a water heater varies depending mainly on how big. To install a gas water heater it will cost between 1 000 and 3 000 whereas an electric water heater will cost 620 to 1 020 if you hire a professional to do it. Electric water heaters range in cost as little as 300 to as much as 1 500 not including installation costs. An electric hot water heater ranges in costs from about 300to 700while a gas heater ranges from 400to 800.

After analyzing gas vs. Amazon lists the most popular gas water heaters priced from 250 to 1500 and the most popular electric water heaters from 300 to 2880. 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. Installation typically costs about as much as the water heater.

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.