QUOTE (REINteam @ Aug 18 2010, 09:43 AM) Regarding the OP situation and the electric hot water tank - My current primary residence has no gas services, the gas company never ran the lines up the mountain so everything in my house is electric, including the hot water heater.
So, family of 4, one tenant in my basement suite, kids home all day with nanny, hot water heater probably running a lot with (3 adult showers, dish washer, 2 kid baths, dog baths, lord knows how much laundry...probably 2 loads a day minimum, electric range used daily, 2 1000 watt microwaves, heat and a/c via geothermal...but still electric, 2 large freezers, one all fridge, one fridge/freezer combo, one small wine fridge, fans, lights and in the winter the hot tub - which is old and I`m sure ineffecient, and the list goes on! House is 2500 sqft I believe, including suite downstairs.
Our electric bill in BC is currently $119/month on one of those even pay programs. Was $141 last year, not exactly sure why, and more the year before when I had the hot tub going on a more regular basis.
What have we done to be more efficient? Lights are primarily CFL`s, water heater is only 2 years old...so more efficient model, and yes, we have geothermal so that helps as does our locale vs somewhere like Edmonton where the furnace runs for longer/year.
So, from my perspective, our electric hot water heater has been fine and works like a charm. And keep in mind, we only pay electric as there is no gas to the house, electric everything.
Ray,
I have a new house in Surrey 2650 sq/ft with a 2bdr suite below. My house is all electric and my bills is around $200/month... I wish I was only at 140! We are a family of 4 and our tenants have a little one with another on the way...