Lochinvar HPV050KD 2**: $326 a year to run

This model (Water heaters) uses 1,550 kWh of electricity a year, which costs about $326 a year and $3,258 over 10 years at 21.0¢/kWh.

Energy use
1,550 kWh
per year
Running cost per year
$326
21.0¢/kWh
Running cost over 10 years
$3,258
Efficiency rank
687 / 705

Product details

TypeHybrid/Electric Heat Pump
Heat pump type120 Volt Integrated HPWH
FuelElectric
RefrigerantR-513A
Available sinceJuly 10, 2023

Compared with the average model (Water heaters), this one costs about $99 more a year.

More efficient alternatives

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