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How Much Does It Cost to Run a Electric Water Heater in Australia? (2026)

A tank water heater is often the single largest electricity user in a home without electric heating. The element only runs a few hours a day, but at 4,000 watts or more those hours add up fast.

A typical electric water heater (4,000 W) costs A$1.40 per hour, or about A$126.00 per month at 3 hours a day in Australia. Expensive to run

WattagePer hourPer dayPer monthPer year
Low (3,000 W)A$1.05A$3.15A$94.50A$1,150
Typical (4,000 W)A$1.40A$4.20A$126.00A$1,533
High (5,500 W)A$1.92A$5.77A$173.25A$2,108

Formula: watts ÷ 1000 × hours × price per kWh. Typical use is 3 h/day ≈ 4,380 kWh per year.

In Australia, with electricity at A$0.35 per kWh (source: AER Default Market Offer 2026–27, 2026-07), a typical electric water heater costs A$1.40 per hour and about A$1,533 per year at 3 hours a day. Each A$1.00 of electricity buys roughly 0.7 hours of use.

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How to lower the cost of running a electric water heater

Frequently asked questions

How many hours a day does a water heater run?

Typically 2 to 4 hours of element time, depending on household size and shower habits.

Is a tankless water heater cheaper to run?

It avoids standby losses, saving 10 to 30 percent, but electric tankless units need very high amperage.

Should I turn off my water heater at night?

A timer helps if you have time-of-use rates. Otherwise the savings are small because a well-insulated tank loses little heat overnight.

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