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Cost to run an electric water heater in Oklahoma (June 2026 rates)
At 14.33¢ per kilowatt-hour — Oklahoma's average residential price in June 2026 — running an electric water heater costs $502 a year. That is 22% less than the national average of $642. Oklahoma's residential rate is up 5.1% from June 2025, which moves this appliance from $477 to $502 a year.
- Per day
- $1.37
- Per month
- $41.80
- Per year
- $502
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 Oklahoma compares
Oklahoma pays 14.33¢/kWh, the 9th cheapest residential electricity of the 51 U.S. jurisdictions EIA reports. For this appliance that works out to $140 less 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.
| State | Rate | Per month | Per year |
|---|---|---|---|
| Arkansas | 14.12¢ | $41.18 | $494 |
| Kentucky | 14.26¢ | $41.59 | $499 |
| Oklahoma | 14.33¢ | $41.80 | $502 |
| Idaho | 14.37¢ | $41.91 | $503 |
| North Carolina | 14.74¢ | $42.99 | $516 |
States ranked by average residential price, cheapest first. See all 51 states for an electric water heater.
What else costs about the same in Oklahoma
Cutting the number down
- A heat-pump water heater does the same job for roughly a third of the electricity, which is why it usually pays back faster than any other upgrade in the house.
- Dropping the setpoint from 140 F to 120 F cuts standby losses and scalding risk at once.
- An insulating blanket on an older tank pays for itself in a season; check the manufacturer's guidance first.
Questions
- How much does an electric water heater cost per month in Oklahoma?
- About $41.80 a month, assuming 3,500 kWh a year at 14.33¢/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?
- Oklahoma has the 9th cheapest average residential rate in the country, so this appliance costs less here than the U.S. average of $642 a year.