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How much does electric hot water cost to run?

By Last reviewed

About 3,595 kWh a year for a 4-person home: $1,190 a year at NSW's general rate of 33.1c/kWh. Controlled load (off-peak) rates are lower.

Your appliance

Empty fields below use this appliance's typical values.

Input power on the rating plate.

Between 1 and 10,000

Between 0.1 and 24. Needed when you type watts.

For a dryer or dishwasher, loads or washes a year.

Between 1 and 365

From the Energy Rating label. Replaces watts × hours.

Between 1 and 20,000

Advanced settings
Advanced

On solar, the cost is the feed-in credit you give up.

The usage rate on your bill, or a controlled-load rate.

Between 0 and 200

Thermostats switch heaters and fridges off part of the time.

Between 1 and 100

See result ↓

Your result

Running cost

$1,150a year

3,594.79 kWh a year × 32c/kWh = $1,150

Per day of use
$3.15
Energy a day
9.85kWh
Rate used
32c/kWh
Australian average import rate
Worked from
Preset energy use
the energy figure already covers thermostat cycling

Hot water systems run all year, so hours do not apply.

Controlled load? If it is on a controlled-load tariff, type that rate under Advanced settings.

Thinking of switching? Would a heat pump be cheaper? →

Fix the highlighted field to update.

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How we calculated this

  • Energy in a year comes from the watts and the hours of use, or from the energy label scaled to your use.
  • It is priced at the usage rate only. The daily supply charge is not a running cost.
  • On your own solar, the cost is the feed-in credit you give up.

Full method, tables and sources: Appliance running cost calculator

  1. Energy in a year

    3,594.79 kWh a year (preset)

  2. Pick the rate

    32c/kWh (Australian average import rate)

  3. Work out the cost

    3,594.79 kWh × 32c/kWh = $1,150 a year

The same appliance in each state
StateImport c/kWhFeed-in c/kWhCost a year
New South Wales33.15$1,190
Victoria27.23$978
Queensland27.95$1,003
South Australia41.55$1,492
Western Australia33.26213$1,196
Tasmania28.89.276$1,035
Australian Capital Territory32.15$1,154

Uses each state's import rate, or its feed-in rate when Power from is set to solar. Your own rate is not used here. Import rates: Dated third-party source, except Western Australia (Official source). Feed-in rates: Estimate, except Tasmania (Official source).

This version starts with an electric storage system for 4 people, using about 3,595 kWh a year: 150 litres of hot water a day plus the tank's own heat loss. For fewer people, type your own label or bill figure in kWh a year.

Electric hot water: what the sources say

Official source

  • Controlled load is a separate circuit the network switches on for set hours at a lower rate (Ausgrid, QCA). If your hot water is on a controlled-load tariff, type that rate under Advanced settings.

Dated third-party source

  • In NSW, Ausgrid controlled load 1 is 19.12c/kWh against 33.1c/kWh on the general rate. This tank then costs $687 a year instead of $1,190.

New to running costs? Read how it is worked out on the main appliance running cost calculator.

Questions

Are electric hot water systems expensive to run?

It adds up. A storage system for 4 people uses about 3,595 kWh a year: $1,190 at NSW's general rate. A controlled load rate or solar costs less.

How much hot water does a family use?

We use 150 litres a day for 4 people and 50 litres a day for 1 (Sustainability Victoria, via CHOICE).

Is off-peak hot water cheaper?

Yes. At NSW rates this tank costs $687 a year on controlled load against $1,190 on the general rate. Only a tank wired to the controlled-load circuit gets the lower rate.

What is controlled load?

A separate circuit the network switches on for set hours at a lower rate (Ausgrid, QCA). Only an appliance wired to that circuit gets the rate.

Can solar heat my water?

Yes. A diverter or timer can run the system on midday solar. The cost is then the feed-in credit you give up: about $180 a year in NSW for this system. Set Power from to Solar to see yours.