Carnot Labs, Inc. N51: $295 a year to run

This model (Water heaters) uses 1,404 kWh of electricity a year, which costs about $295 a year and $2,951 over 10 years at 21.0¢/kWh.

Energy use
1,404 kWh
per year
Running cost per year
$295
21.0¢/kWh
Running cost over 10 years
$2,951
Efficiency rank
673 / 705

Product details

TypeHybrid/Electric Heat Pump
Heat pump type240 Volt Integrated HPWH
FuelElectric
RefrigerantR-513A
Available sinceFebruary 10, 2026

Compared with the average model (Water heaters), this one costs about $68 more a year.

More efficient alternatives

Source: ENERGY STAR (U.S. EPA) · 21.0¢/kWh (August 2026) · Methodology