Cost to Run a Tankless Electric Water Heater in Virginia
Virginia's average residential electricity rate is 17.6¢/kWh as of May 2026 — the 31st cheapest in the country, 4% below the U.S. average. At typical usage (0.7 hours/day), a tankless electric water heater here costs $67.42 per month.
Per hour
$3.17
at 13,000–27,000 W
Per day
$2.22
0.7 hours/day
Per month
$67.42
383 kWh
Per year
$809
4,599 kWh
By usage level in Virginia
| Usage | Per day | Per month | Per year |
|---|---|---|---|
| Light (0.5 hrs/day) | $1.11 | $33.71 | $405 |
| Typical (0.7 hrs/day) | $2.22 | $67.42 | $809 |
| Heavy (1.4 hrs/day) | $4.44 | $135 | $1,619 |
Virginia vs. the rest of the country
Monthly cost at typical usage.
Frequently asked questions
How much does it cost to run a tankless electric water heater in Virginia?
At Virginia's current average residential rate of 17.6¢/kWh (May 2026), a tankless electric water heater with typical usage costs about $2.22 per day, $67.42 per month, or $809 per year.
Is running a tankless electric water heater in Virginia more expensive than average?
No — it's cheaper. Virginia's rate is about 4% below the U.S. average: $67.42 per month here versus $70.48 nationally.
What does electricity cost in Virginia right now?
Virginia residents pay an average of 17.6¢ per kWh as of May 2026 — the 31st cheapest rate of the 51 U.S. jurisdictions we track.