cost to run electric water heater
They cost a little more up front to install. They also offer costs savings annual energy costs. The running costs vary from gas to electric. The average running cost for an electric water heater is $550. The average running costs of a gas water heater is $400.The difference in usage price per year is $150.You will average more savings if you live in a cold climate and will average less if you live in a warm climate.hey cost a little more up front to install. They also offer costs savings annual energy costs. The running costs vary from gas to electric. The average running cost for an electric water heater is $550. The average running costs of a gas water heater is $400.