What the Arctic Arctic-HP-Hot Water-KA06-50 costs to run
At 837 kWh/yr, the Arctic Arctic-HP-Hot Water-KA06-50's ENERGY STAR certification puts it cheaper than most models in its category to run against every other certified electric water heater.
That $157 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 Arctic Arctic-HP-Hot Water-KA06-50 compares to other electric water heaters
Against the category average of 1,105 kWh/yr, this model uses 24.3% less, ranking 29 of 596 electric water heaters tracked here for running cost. 596 certified electric water heaters, one average, about $50/year of daylight between it and this model; the full methodology has the rest.
Neighbouring models
Right next to the Arctic Arctic-HP-Hot Water-KA06-50 on that list: JETGLAS RE2HP50*-1NCTT ($157/yr, 835 kWh/yr) runs slightly less, while PHNIX KA06-50 ($157/yr, 837 kWh/yr) runs slightly more.
Within the Arctic lineup
Of the 2 ENERGY STAR certified electric water heaters Arctic makes, the Arctic-HP-Hot Water-KA06-50 is the cheapest to run, $68/year less than Arctic's priciest, the Arctic-HP-Hot Water-KA06-80.
Arctic Arctic-HP-Hot Water-KA06-50 over 11 years
11 years is NAHB's typical service life for this category; at $157/year, the Arctic Arctic-HP-Hot Water-KA06-50 adds up to about $1,731 in electricity over that span.
Is it worth replacing?
Efficient as certified electric water heaters go, $157/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
$157/year to run is the predictable cost of the Arctic Arctic-HP-Hot Water-KA06-50; a protection plan covers the unpredictable one, a repair bill.
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. Ranked 29 of 596, the Arctic Arctic-HP-Hot Water-KA06-50 sits in the middle of the electric water heater category, see the guide to why your state changes this number for the other half of the math.