Depending on your local utility costs gas water heaters are typically cheaper to operate than electric.
Is natural gas water heater cheaper than electric.
By far the most popular option standard water heaters use a gas flame or electric heating element to heat water.
A gas water heater with a tank has an average cost between 400 and 1 000 for the unit and between 500 and 700 for installation.
The higher the ef number.
According to energy gov an electric heat pump water heater might have lower energy costs because of its higher efficiency than a gas fired conventional storage water heater even though local natural gas costs might be lower than the electricity rates.
Running your water heater on gas is typically cheaper than using electricity note.
After analyzing gas vs.
The actual cost of a gas water heater is similar to an electric water heater.
But for households needing a new water heater gas was almost always lowest cost for medium to large home water heating needs.
Gas water heaters typically cost about 30 a month to run while electric water heaters run closer to 42 a month depending on utility rates.
You can find a high quality electric water heater for as little as 500.
An electric hot water heater ranges in costs from about 300 to 700 while a gas heater ranges from 400 to 800.
Installation costs for an electric heater are 700 to 1 000 while the cost to install a gas heater ranges from 1 000 to 2 000 depending on whether you have an existing gas line and vent.
Even top range electric heaters cost little more than 700.
However gas water heaters operate using either natural gas or propane.
Utility costs may vary.
They also cost more upfront than an electric.
If your current gas line needs to be extended or you do not have a gas line expect to pay more for the cost of that labor.
The initial investment is low.
Before you decide that gas is the winner in the natural gas and propane vs electric hot water heater debate you need to consider the pros and cons of electric heaters.
A tankless gas water heater has an average cost between 800 and 2 000 for the unit and between 1 000 and 1 500 for installation.