Quote:
Originally Posted by retiredguy123
But, it is interesting that there is a Federal Government label on my 40 gallon water heater that says the estimated cost to operate it is $555 per year. That's funny, because my total electric cost for my all electric house is only about $1100 per year.
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Your electric bill is dirt cheap. Our natural gas plus electricity costs are around $300 a month in Minnesota. The electricity costs a little over 13 cents per KWH, not including the "junk" fees. How many square footage do you have, and what temperature is your AC set at? How much does your electricity cost per KWH?