Water heating · May 2026 rates

Heat pump water heater electricity cost calculator

Estimate heat-pump water-heater electricity cost with the same hot-water load and an adjustable effective performance factor.

Hot-water energy model

Calculate water-heating electricity cost

Heat delivered / day8.6 kWh-th
Grid electricity / day2.9 kWh
Monthly electricity cost$16.00
Annual electricity cost$191.93

This is a transparent planning model, not a reproduction of the federal UEF test procedure. The effective factor is user-editable so you can match a specific product rating, measured annual use, or a different modeling assumption. Inlet temperature, standby losses, draw timing, ambient conditions, and controls can change actual consumption.

Default model

Editable assumptions

The calculator starts at 50 gallons/day, a 70°F temperature rise, and an effective factor of 3.00. These are planning defaults, not a claim about every product.

Primary reference

DOE water-heating guidance

U.S. Department of Energy — Heat Pump Water Heaters

PowerCostAtlas is independent and is not endorsed by DOE.

How to make the estimate more useful

Use a realistic daily hot-water volume, your local cold-water temperature to estimate temperature rise, and the electricity rate from your bill. If a product has an EnergyGuide annual-kWh estimate, compare that figure with the calculator's annual result and adjust the effective factor if you want the model to reproduce the product's published use.

Compare heat-pump and resistance water heating with the same hot-water load.