They also cost more upfront than an electric.
Is natural gas water heater cheaper than electric.
After analyzing gas vs.
Electric water heater operating costs bluejay says that gas is almost always cheaper than electric assuming that you already have natural gas piped into your home.
But for households needing a new water heater gas was almost always lowest cost for medium to large home water heating needs.
The higher the ef number.
By far the most popular option standard water heaters use a gas flame or electric heating element to heat water.
Even top range electric heaters cost little more than 700.
However gas water heaters operate using either natural gas or propane.
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.
Depending on your local utility costs gas water heaters are typically cheaper to operate than electric.
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.
The actual cost of a gas water heater is similar to an electric water heater.
Running your water heater on gas is typically cheaper than using electricity note.
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.
Utility costs may vary.
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.
An electric hot water heater ranges in costs from about 300 to 700 while a gas heater ranges from 400 to 800.
A gas or electric water heater s energy factor ef is a measurement that compares the amount of hot water the heater produces per day to the amount of fuel it consumes.
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.