A. O. Smith HPTV-66 2 Running Cost (Electric Water Heater)
Running cost for the A. O. Smith HPTV-66 2
At 1,550 kWh/yr, the A. O. Smith HPTV-66 2's ENERGY STAR certification puts it one of the more expensive models in its category to run against every other certified electric water heater.
The $291 figure above uses the simple average of all 51 published state rates. Pick your state for the real number.
Where this ranks
That's 40.3% above the electric water heater category average of 1,105 kWh/yr, and ranks 579 of 596 certified electric water heaters for annual running cost, 1 being cheapest. Every one of the 596 currently-certified electric water heaters feeds that average, putting this model about $84/year over it. See how it's calculated on the how it is calculated page.
The closest alternatives by cost
Sorted by running cost among electric water heaters, one step cheaper is A. O. Smith HPTV-50 2 ($291/yr, 1,550 kWh/yr), and one step pricier is A. O. Smith HPV10-50H01DV 2 ($291/yr, 1,550 kWh/yr).
Within the A. O. Smith lineup
A. O. Smith makes 61 ENERGY STAR certified electric water heaters; this one ranks 57 of 61 for running cost, between the brand's cheapest, the HPS10-50H45DV 2 at $156/yr, and its priciest, the HPV10-80H01DV 2 at $311/yr.
What this adds up to over time
Over the 11-year service life NAHB reports for this category, running the A. O. Smith HPTV-66 2 costs roughly $3,205 in electricity, separate from the purchase price.
Weighing a replacement
The A. O. Smith HPTV-66 2 runs above its category average. If the electric water heater you actually own is older still, likely well past ENERGY STAR's efficiency baseline when it was made, a current certified model could cost meaningfully less than this model's $291/year every year.
Worth comparing a few current certified models before deciding.
Protecting what you have
Whether or not the A. O. Smith HPTV-66 2 ever needs replacing, a repair is the more common failure for a electric water heater, one a protection plan budgets for ahead of time.
The data behind this page
The full Electric Water Heater category page shows all 596 electric water heaters ranked by cost; the state-rate guide covers the half of this number that isn't the appliance. The 1,550 kWh/yr figure is ENERGY STAR's own certification, not a wattage estimate; exact dataset IDs are on the data sources page.