What the Honeywell TPFIT32AWK costs to run
At 343 kWh/yr, the Honeywell TPFIT32AWK's ENERGY STAR certification puts it cheaper than most models in its category to run against every other certified dehumidifier.
That $64 is priced at 18.8¢/kWh, the average of all 51 state rates this site tracks. Your own state's rate is one click away.
Efficient, or not, for a dehumidifier
Against the category average of 378 kWh/yr, this model uses 9.3% less, ranking 277 of 546 dehumidifiers tracked here for running cost. That average is drawn from all 546 dehumidifiers ENERGY STAR currently certifies, not an outside number, a $7/year gap from this model at the national rate. Full sourcing is in the sourcing notes.
Right next to it on the list
A rank or two either side of the Honeywell TPFIT32AWK: hOmeLabs HME0089 ($64/yr, 343 kWh/yr), then Honeywell TPFIT32WK ($64/yr, 343 kWh/yr).
Same brand, different models
Ranked 3 of Honeywell's 8 certified dehumidifiers, this sits between the TPFIT25AWK ($55/yr, the brand's cheapest) and the TPFIT50WK ($97/yr, its priciest).
Lifespan
NAHB's Study of Life Expectancy of Home Components does not publish a figure for dehumidifiers, so no lifetime cost is shown here rather than a guessed one. The annual and monthly figures above stand on their own.
Weighing a replacement
Efficient as certified dehumidifiers go, $64/year is a reasonable baseline if you're comparing what else is on the market.
Worth comparing a few current certified models before deciding.
If you're keeping it
The Honeywell TPFIT32AWK already costs $64/year to run; a repair bill on top of that is the kind of expense a protection plan exists to smooth out.
Where this number comes from
Two sourced numbers, nothing modeled: ENERGY STAR's certified kWh/yr for this exact model, and EIA's published state electricity rate. At rank 277 of 546 for running cost, see the dehumidifier category page for the rest of the field, or the guide to how much your state matters.