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Cost to run an electric water heater in New Hampshire (June 2026 rates)

At 27.01¢ per kilowatt-hour — New Hampshire's average residential price in June 2026 — running an electric water heater costs $945 a year. That is 47% more than the national average of $642. New Hampshire's residential rate is up 14.9% from June 2025, which moves this appliance from $823 to $945 a year.

Per day
$2.59
Per month
$78.78
Per year
$945

Assumption: 3,500 kWh a year. A 50-gallon resistance tank for a household of three or four. This is typically the largest or second-largest electric load in a home without electric heat. Use the calculator to swap in the numbers from your own model.

How New Hampshire compares

New Hampshire pays 27.01¢/kWh, the 8th most expensive residential electricity of the 51 U.S. jurisdictions EIA reports. For this appliance that works out to $303 more a year than the typical U.S. household pays for the same use. Running the same electric water heater costs $459 a year in Nevada and $1,845 in Hawaii, so where you live changes this bill by $1,386 a year.

StateRatePer monthPer year
Vermont24.44¢$71.28$855
New Jersey24.95¢$72.77$873
New Hampshire27.01¢$78.78$945
Alaska28.21¢$82.28$987
Rhode Island29.23¢$85.25$1,023

States ranked by average residential price, cheapest first. See all 51 states for an electric water heater.

What else costs about the same in New Hampshire

Cutting the number down

Questions

How much does an electric water heater cost per month in New Hampshire?
About $78.78 a month, assuming 3,500 kWh a year at 27.01¢/kWh.
How many kilowatt-hours does an electric water heater use?
Roughly 3,500 kWh a year under these assumptions.
Is that expensive compared with other states?
New Hampshire has the 8th most expensive average residential rate in the country, so this appliance costs more here than the U.S. average of $642 a year.