ACIQ ACIQ-50G-HP-WH: running cost
At 855 kWh/yr, the ACIQ ACIQ-50G-HP-WH's ENERGY STAR certification puts it cheaper than most models in its category to run against every other certified electric water heater.
That $161 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.
How the ACIQ ACIQ-50G-HP-WH compares to other electric water heaters
Against the category average of 1,105 kWh/yr, this model uses 22.6% less, ranking 69 of 596 electric water heaters tracked here for running cost. 596 certified electric water heaters, one average, about $47/year of daylight between it and this model; the full methodology has the rest.
Neighbouring models
Right next to the ACIQ ACIQ-50G-HP-WH on that list: 1HVAC ACIQ-50G-HP-WH ($161/yr, 855 kWh/yr) runs slightly less, while Alsetria HPWH-50G ($161/yr, 855 kWh/yr) runs slightly more.
Comparing ACIQ's own models
Of the 2 ENERGY STAR certified electric water heaters ACIQ makes, the ACIQ-50G-HP-WH is the cheapest to run, $72/year less than ACIQ's priciest, the ACIQ-80G-HP-WH.
Cost over its typical lifespan
NAHB's Study of Life Expectancy of Home Components puts a typical electric water heater's service life at 11 years; run the ACIQ ACIQ-50G-HP-WH that long and it costs about $1,768 in electricity, on top of whatever it cost to buy.
Weighing a replacement
Efficient as certified electric water heaters go, $161/year is a reasonable baseline if you're comparing what else is on the market.
Compare current ENERGY STAR certified electric water heaters before buying.
If you're keeping it
The ACIQ ACIQ-50G-HP-WH already costs $161/year to run; a repair bill on top of that is the kind of expense a protection plan exists to smooth out.
How this was checked
Two sourced numbers, nothing modeled: ENERGY STAR's certified kWh/yr for this exact model, and EIA's published state electricity rate. At rank 69 of 596 for running cost, see the electric water heater category page for the rest of the field, or the guide to how much your state matters.