WattCost

Data through April 2026

Cost to run · North Carolina · 16.3¢/kWh residential average

How much does it cost to run an electric water heater in North Carolina?

$176/yr · median certified model

Residential electricity in North Carolina runs 16.3¢/kWh — 14% under the U.S. average — putting the median certified electric water heater at about $176 a year, versus $204 nationally.

In the national ranking, North Carolina lands at 24 of 51 for what an electric water heater costs to run. At local rates, certified models span $104 (Friedrich PROH40 T2 FD400-15) to $283 (Smart Solar SSG2-ES 120) per year — $178 of annual headroom that depends entirely on which unit you buy. For reference, the national extremes are North Dakota (12.3¢/kWh) and Hawaii (46.6¢/kWh); the same median electric water heater would cost $134 and $504 a year there.

North Carolina
$176
US average
$204
North Dakota
$134
Hawaii
$504
Median certified electric water heater (1,082 kWh/yr) per year, at each rate

The cheapest water heaters (electric) to run at North Carolina rates

Price any model at North Carolina rates

Your rate, your numbers

Per day
48¢
Per month
$14.65
Per year
$176

1,082 kWh/yr × 16.3¢/kWh = $176/yr

Prefilled with the median certified electric water heater (1,082 kWh/yr). Every model page on this site carries its exact certified figure.

Questions, answered with the data

How much does it cost to run an electric water heater in North Carolina?
About $176 a year for the median ENERGY STAR certified electric water heater, at North Carolina's average residential rate of 16.3¢/kWh — that's $14.65 a month.
Is electricity expensive in North Carolina?
North Carolina's residential average of 16.3¢/kWh is 14% below the U.S. average of 18.8¢/kWh, ranking 24 of 51 jurisdictions (1 = cheapest).
What's the cheapest electric water heater to run in North Carolina?
Among currently certified models, the Friedrich PROH40 T2 FD400-15 costs the least at about $104 a year at North Carolina rates (643 kWh/yr).
How does North Carolina compare with other states?
The same median electric water heater costs $134 a year in North Dakota (the cheapest state) and $504 in Hawaii (the priciest). North Carolina sits at $176.

Keep digging

Rate source: US EIA, average residential price of electricity, see methodology.