You could be right about that. I spend 25 cents per gallon for RO water from a dispenser. So how much would running a 580 watt unit for 5 and a half hours cost? I assume only a few cents but am not sure.
Have you figured out how much it will cost to run it? Could be cheaper to buy distilled water from somewhere.
You can buy steam distilled water from water vendors (Culligan) for $8 per 5 gallons. Depending on how much you need its cheaper than the grocery store.
25 cents/g would put just about any other source out of the money except for installing your own system. It was mentioned that the water is mixed with tap so I'm guessing a top o' the line wouldn't even be needed.
Speaking personally, convenience has huge value. If I can do without having to stop at the LFS (not that I don't love to but sometimes I just can't) then to me it is worth considering spending a little more to bring a task in house.