Richmond 10E65-HP515: $186 a year to run

This model (Water heaters) uses 887 kWh of electricity a year, which costs about $186 a year and $1,864 over 10 years at 21.0¢/kWh.

Energy use
887 kWh
per year
Running cost per year
$186
21.0¢/kWh
Running cost over 10 years
$1,864
Efficiency rank
202 / 705

Product details

TypeHybrid/Electric Heat Pump
Heat pump type240 Volt Integrated HPWH
FuelElectric
RefrigerantR-134a
Available sinceApril 30, 2020

Compared with the average model (Water heaters), this one saves about $40 a year.

More efficient alternatives

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