U.S. residential electricity EIA data: July 2026 US average 18.3¢/kWh Updated

Heating · Florida

How Much Does It Cost to Run an Electric Water Heater in Florida?

The short answer

Running a 4,500W electric water heater in Florida costs about $0.68 an hour. At 3 hours a day, that’s roughly $61.72 a month and $741 a year.

The estimate uses Florida’s average residential electricity price of 15.0¢/kWh from EIA (July 2026) — 18% below the national average.

Source: U.S. EIA, July 2026 data · Updated

Electric Water Heater cost by daily use in Florida

Cost at 15.0¢/kWh, the Florida average (EIA, Jul 2026)
Daily usekWh/monthPer dayPer monthPer year
1 hour/day 136.9 $0.68 $20.57 $247
2 hours/day 273.8 $1.35 $41.15 $494
4 hours/day 547.6 $2.71 $82.30 $987
8 hours/day 1,095.1 $5.41 $165 $1,975
12 hours/day 1,642.7 $8.12 $247 $2,962
24 hours/day 3,285.4 $16.23 $494 $5,925

Florida vs other states

At typical use, an electric water heater costs $741 a year in Florida — $1,625 less than in Hawaii and $114 more than in Louisiana.

Florida has the 15th-cheapest residential electricity of the 50 states and DC. Florida price per kWh · all states ranked

Electricity price trend in Florida

15.0¢/kWh in July 2026 — ▼ −0.5% from a year earlier.

How to lower the cost of running an electric water heater

Electric tank water heaters keep 40–80 gallons of water hot around the clock, switching their heating elements on whenever you use hot water or the tank cools down. The elements are typically 4,500W, and total run time for a family is roughly 2–4 hours a day, which is why water heating is often the second-biggest line on an all-electric home's bill. Heat pump water heaters do the same job with 2–3 times less electricity.

  • Set the tank to 120°F (49°C) — many ship at 140°F, which wastes energy.
  • Insulate the first few feet of hot water pipe and fix dripping hot taps.
  • Consider a heat pump water heater when your tank needs replacing — they use about a third of the electricity.

Questions

Frequently asked questions

How much does it cost to run an electric water heater for 24 hours in Florida?

Running a 4,500W electric water heater for 24 hours uses about 108 kWh, which costs about $16.23 at Florida’s average rate of 15.0¢/kWh.

How many kWh does an electric water heater use per month?

At 3 hours a day, a typical electric water heater uses about 411 kWh a month. In Florida that costs $61.72.

Is it expensive to run an electric water heater in Florida?

Florida has the 15th-cheapest residential electricity of the 50 states and DC at 15.0¢/kWh — cheaper than most. Running an electric water heater here costs about $741 a year at typical use, compared with $902 at the national average rate.

What is the electricity rate in Florida right now?

The average residential electricity rate in Florida was 15.0¢ per kWh in July 2026, according to the latest EIA data — down 0.5% from a year earlier.

How many hours a day does an electric water heater run?

For a typical household, about 2–4 hours a day in total, spread across showers, laundry and dishes, plus short reheats to make up for standby heat loss.

Sources & method