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How Much Does a Heat Pump Water Heater Cost to Run?

At the current U.S. average rate of 18.4¢/kWh (May 2026), a heat pump water heater costs about $16.78 per month at typical usage — 3 hours/day.

Per hour

$0.18

at 400–1,500 W

Per day

$0.55

3 hours/day

Per month

$16.78

91 kWh

Per year

$201

1,095 kWh

Heat pump water heaters pull heat from surrounding air, delivering hot water on roughly one-third the electricity of a standard electric tank. For most all-electric homes, this is the single biggest bill reduction one appliance swap can make.

Calculate it for your home

Per hour

$0.18

Per day

$0.55

Per month

$16.78

Per year

$201

Uses 91 kWh/month at 18.4¢ per kWh.

Cheapest and most expensive states

Monthly cost at typical usage, using each state's current average residential rate.

Idaho $11.31
Utah $11.86
Oklahoma $12.22
Nebraska $12.40
Nevada $12.40
U.S. average $16.78
Massachusetts $26.27
Rhode Island $26.90
New York $27.27
California $30.37
Hawaii $47.42

Cost in every state

State Rate (¢/kWh) Per hour Per month Per year
Idaho 12.4 $0.12 $11.31 $136
Utah 13.0 $0.13 $11.86 $142
Oklahoma 13.4 $0.13 $12.22 $147
Nebraska 13.6 $0.14 $12.40 $149
Nevada 13.6 $0.14 $12.40 $149
North Dakota 13.6 $0.14 $12.40 $149
Missouri 13.7 $0.14 $12.49 $150
Iowa 14.1 $0.14 $12.86 $154
New Mexico 14.1 $0.14 $12.86 $154
Louisiana 14.2 $0.14 $12.95 $155
Arkansas 14.4 $0.14 $13.13 $158
Tennessee 14.5 $0.14 $13.22 $159
Montana 14.7 $0.15 $13.41 $161
Wyoming 14.8 $0.15 $13.50 $162
Kentucky 15.0 $0.15 $13.68 $164
Washington 15.0 $0.15 $13.68 $164
Kansas 15.1 $0.15 $13.77 $165
North Carolina 15.1 $0.15 $13.77 $165
Arizona 15.2 $0.15 $13.86 $166
Florida 15.2 $0.15 $13.86 $166
South Dakota 15.7 $0.16 $14.32 $172
Georgia 15.8 $0.16 $14.41 $173
Colorado 16.2 $0.16 $14.77 $177
Mississippi 16.2 $0.16 $14.77 $177
South Carolina 16.2 $0.16 $14.77 $177
Oregon 16.3 $0.16 $14.87 $178
Texas 16.4 $0.16 $14.96 $180
Alabama 16.8 $0.17 $15.32 $184
West Virginia 16.8 $0.17 $15.32 $184
Minnesota 17.0 $0.17 $15.50 $186
Virginia 17.6 $0.18 $16.05 $193
Indiana 18.2 $0.18 $16.60 $199
Delaware 19.4 $0.19 $17.69 $212
Ohio 19.5 $0.20 $17.78 $214
Wisconsin 19.7 $0.20 $17.97 $216
Pennsylvania 21.6 $0.22 $19.70 $237
Maryland 21.8 $0.22 $19.88 $239
Michigan 22.0 $0.22 $20.06 $241
New Jersey 23.3 $0.23 $21.25 $255
Illinois 23.9 $0.24 $21.80 $262
Vermont 24.9 $0.25 $22.71 $273
Washington, D.C. 25.4 $0.25 $23.16 $278
New Hampshire 27.3 $0.27 $24.90 $299
Connecticut 27.4 $0.27 $24.99 $300
Alaska 28.2 $0.28 $25.72 $309
Maine 28.6 $0.29 $26.08 $313
Massachusetts 28.8 $0.29 $26.27 $315
Rhode Island 29.5 $0.29 $26.90 $323
New York 29.9 $0.30 $27.27 $327
California 33.3 $0.33 $30.37 $365
Hawaii 52.0 $0.52 $47.42 $569

How to lower the cost

  • Set water heaters to 120°F and fix dripping hot taps quickly — a drip is a slow leak of paid heat.
  • Shorter showers and low-flow heads cut costs directly; hot water is usually a top-three energy use.
  • Timers and covers transform pool, spa, and tank costs — stored heat and off-hours running are much cheaper.

Frequently asked questions

How much electricity does a heat pump water heater use?

A typical heat pump water heater draws about 1,000 watts in use. At 3 hours/day, that works out to roughly 3.0 kWh per day, or 91 kWh per month.

How much does it cost to run a heat pump water heater for 1 hour?

At the current U.S. average residential rate of 18.4¢/kWh, one hour costs about $0.18. In Idaho (12.4¢/kWh) it's $0.12, while in Hawaii (52¢/kWh) it's $0.52.

How much does a heat pump water heater cost to run per month?

With typical usage (3 hours/day), expect about $16.78 per month at the U.S. average rate — from $11.31 in Idaho up to $47.42 in Hawaii. Rates are as of May 2026.

Does a heat pump water heater use a lot of electricity?

Yes — at typical usage it accounts for roughly 10% of an average U.S. home's monthly consumption (885 kWh), which makes it one of the larger loads in the house.

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