Profile picture for Tn3Js

All-electric home....monthly bills????

I am thinking about making an offer on a home (3bd 2ba 1560sqft) that is all-electric (electric water heater and forced air heating). What is your experience with monthly bills for an all-electric home? I am afraid it will be very costly, especially during the winter months.
  • September 12 2013 - Dayton
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Answers (3)

It might not be the answer you are looking for, but it depends on several factors such as the age and efficiency of the appliances, insulation, lighting, etc.  Home leakage can play a major role as well.  The cost of utilities in your area plays a major role as you may have a choice in a deregulated area or are perhaps stuck with whoever you get otherwise.

Currently I live in an all electric house and am fine with it.  We just upgraded our water heater to a heat pump/electric unit and it uses a fraction of the electricity.  Electricity is a poor fuel to use to heat water and quite costly. Our heat pump for HVAC is old but is quite efficient still so the cost to replace vs. electricity savings would make it not worth it.

I think all electric homes got a bad reputation when everyone thought natural gas would become very cheap along with solar as well.  Well, that hasn't really happened in most parts and our neighbors who have electricity and propane joke that their propane tank is half empty by the time the refill truck leaves the neighborhood.  

Take a close look at the major systems (water heater, HVAC, insulation, along with age of the home, etc.) that will impact your power bill and go from there.
  • September 12 2013
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Profile picture for wetdawgs
Contact the electricity company to request an estimate for the particular home of interest. 

The actual useage of you and your family may be different from the previous owners due to your choices in heating, cooling, cooking etc but at least an estimate from previous history would be ballpark.

  • September 12 2013
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Profile picture for SouthernNH
Ask to see the electric bills for the home you are considering. Ask for at least one year of invoices. Consider the habits of the people in the home (work schedules, number of people using the utilities, etc.). This will give you the closest estimate in terms of what you may expect to pay.

Also ask the electric company if they have a budget billing program. This is where they estimate (based on past use) what your usage will be for the coming six or twelve months and they break up your payments evenly. This can be very helpful when it comes to handling costly winter electric bills. This approach can make it manageable in some cases.
  • September 12 2013
  • 1Yes

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