American HPS10266H045DV 2 Running Cost (Electric Water…
What the American HPS10266H045DV 2 costs to run
ENERGY STAR certifies the American HPS10266H045DV 2 at 1,233 kWh/yr, more expensive than most models in its category to run for its category.
That $232 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 American HPS10266H045DV 2 compares to other electric water heaters
The category average is 1,105 kWh/yr; this model runs 11.6% above it, ranking 363 of 596 electric water heaters tracked here for running cost. 596 certified electric water heaters, one average, about $24/year of daylight between it and this model; the full methodology has the rest.
Neighbouring models
Right next to the American HPS10266H045DV 2 on that list: A. O. Smith HPTS-66 2 ($232/yr, 1,233 kWh/yr) runs slightly less, while GREE GRS-3.0Pd/TD70GANhA-D ($232/yr, 1,233 kWh/yr) runs slightly more.
Same brand, different models
Ranked 13 of American's 31 certified electric water heaters, this sits between the HPS10250H045DV 2 ($156/yr, the brand's cheapest) and the HPV10280H009DV 2 ($311/yr, its priciest).
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 American HPS10266H045DV 2 that long and it costs about $2,550 in electricity, on top of whatever it cost to buy.
Weighing a replacement
At $232/year, this is on the expensive side for a electric water heater; the cheapest certified model in this category runs about $121/year, worth knowing before buying either the American HPS10266H045DV 2 or its replacement.
Worth comparing a few current certified models before deciding.
If you're keeping it
At $232/year just to run, a electric water heater is worth protecting against an unplanned repair bill on top of that.
How this was checked
Nothing here is estimated from a nameplate wattage; the 1,233 kWh/yr is ENERGY STAR's own certified figure for this model. 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.