Hubbell ME80HPT: $299 a year to run

This model (Water heaters) uses 1,424 kWh of electricity a year, which costs about $299 a year and $2,993 over 10 years at 21.0¢/kWh.

Energy use
1,424 kWh
per year
Running cost per year
$299
21.0¢/kWh
Running cost over 10 years
$2,993
Efficiency rank
677 / 705

Product details

TypeHybrid/Electric Heat Pump
Heat pump type240 Volt Integrated HPWH
FuelElectric
RefrigerantR-134a
Available sinceSeptember 1, 2023

Compared with the average model (Water heaters), this one costs about $72 more a year.

More efficient alternatives

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