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

At the current U.S. average rate of 18.3¢/kWh (July 2026), a heat pump water heater costs about $16.69 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

$16.69

91 kWh

Per year

$200

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

$16.69

Per year

$200

Uses 91 kWh/month at 18.3¢ per kWh.

Cheapest and most expensive states

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

Louisiana $11.58
Nevada $11.67
Utah $11.95
North Dakota $12.22
Idaho $12.49
U.S. average $16.69
New York $27.27
Massachusetts $27.82
Maine $29.55
California $30.64
Hawaii $43.78

Cost in every state

State Rate (¢/kWh) Per hour Per month Per year
Louisiana 12.7 $0.13 $11.58 $139
Nevada 12.8 $0.13 $11.67 $140
Utah 13.1 $0.13 $11.95 $143
North Dakota 13.4 $0.13 $12.22 $147
Idaho 13.7 $0.14 $12.49 $150
Tennessee 13.7 $0.14 $12.49 $150
Kentucky 13.8 $0.14 $12.59 $151
Nebraska 13.8 $0.14 $12.59 $151
Arkansas 14.3 $0.14 $13.04 $157
Oklahoma 14.4 $0.14 $13.13 $158
Wyoming 14.4 $0.14 $13.13 $158
Mississippi 14.5 $0.14 $13.22 $159
Washington 14.7 $0.15 $13.41 $161
Florida 15.0 $0.15 $13.68 $164
Montana 15.0 $0.15 $13.68 $164
North Carolina 15.2 $0.15 $13.86 $166
Kansas 15.3 $0.15 $13.95 $168
Arizona 15.4 $0.15 $14.04 $169
South Dakota 15.4 $0.15 $14.04 $169
South Carolina 15.5 $0.15 $14.14 $170
West Virginia 15.8 $0.16 $14.41 $173
Texas 15.9 $0.16 $14.50 $174
Iowa 16.0 $0.16 $14.59 $175
Oregon 16.0 $0.16 $14.59 $175
Missouri 16.1 $0.16 $14.68 $176
New Mexico 16.1 $0.16 $14.68 $176
Georgia 16.3 $0.16 $14.87 $178
Alabama 16.4 $0.16 $14.96 $180
Indiana 16.7 $0.17 $15.23 $183
Colorado 17.0 $0.17 $15.50 $186
Minnesota 17.5 $0.17 $15.96 $192
Virginia 17.6 $0.18 $16.05 $193
Delaware 18.5 $0.18 $16.87 $203
Wisconsin 19.1 $0.19 $17.42 $209
Illinois 19.2 $0.19 $17.51 $210
Ohio 19.5 $0.20 $17.78 $214
Maryland 21.4 $0.21 $19.52 $234
Pennsylvania 21.7 $0.22 $19.79 $238
Michigan 23.1 $0.23 $21.07 $253
Vermont 23.8 $0.24 $21.71 $261
Connecticut 24.2 $0.24 $22.07 $265
Washington, D.C. 25.2 $0.25 $22.98 $276
New Jersey 25.2 $0.25 $22.98 $276
New Hampshire 26.6 $0.27 $24.26 $291
Rhode Island 28.3 $0.28 $25.81 $310
Alaska 28.8 $0.29 $26.27 $315
New York 29.9 $0.30 $27.27 $327
Massachusetts 30.5 $0.30 $27.82 $334
Maine 32.4 $0.32 $29.55 $355
California 33.6 $0.34 $30.64 $368
Hawaii 48.0 $0.48 $43.78 $526

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 18.3¢/kWh, one hour costs about $0.18. In Louisiana (12.7¢/kWh) it's $0.13, while in Hawaii (48¢/kWh) it's $0.48.

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

With typical usage (3 hours/day), expect about $16.69 per month at the U.S. average rate — from $11.58 in Louisiana up to $43.78 in Hawaii. Rates are as of July 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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