Midea MCHW-65VN3B: $259 a year to run

This model (Water heaters) uses 1,234 kWh of electricity a year, which costs about $259 a year and $2,593 over 10 years at 21.0¢/kWh.

Energy use
1,234 kWh
per year
Running cost per year
$259
21.0¢/kWh
Running cost over 10 years
$2,593
Efficiency rank
480 / 705

Product details

TypeHybrid/Electric Heat Pump
Heat pump type240 Volt Integrated HPWH
FuelElectric
RefrigerantR-134a
Available sinceJune 30, 2026

Compared with the average model (Water heaters), this one costs about $32 more a year.

More efficient alternatives

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