Eco-Logical ECO-50HPM1A Running Cost (Electric Water Heater)
Eco-Logical ECO-50HPM1A: running cost
ENERGY STAR certifies the Eco-Logical ECO-50HPM1A at 855 kWh/yr, cheaper than most models in its category to run for its category.
The $161 figure above uses the simple average of all 51 published state rates. Pick your state for the real number.
Eco-Logical ECO-50HPM1A against the category
That's 22.6% below the electric water heater category average of 1,105 kWh/yr, and ranks 76 of 596 certified electric water heaters for annual running cost, 1 being cheapest. The category average comes from every electric water heater ENERGY STAR currently certifies (596 models), not an outside benchmark, about $47/year below that average at the national rate. See the methodology page.
What sits beside it in the ranking
Gridless AYHW50G ($161/yr, 855 kWh/yr) costs a little more to run than the Eco-Logical ECO-50HPM1A. ECO-AIR HPWH-50G ($161/yr, 855 kWh/yr) costs a little less.
Same brand, different models
Eco-Logical makes 6 ENERGY STAR certified electric water heaters; this one ranks 3 of 6 for running cost, between the brand's cheapest, the OMNI-50HP1-1A at $128/yr, and its priciest, the ECO-80HPM1A at $233/yr.
Cost over its typical lifespan
11 years is NAHB's typical service life for this category; at $161/year, the Eco-Logical ECO-50HPM1A adds up to about $1,768 in electricity over that span.
Is it worth replacing?
The Eco-Logical ECO-50HPM1A is already efficient for its category at $161/year. If you're shopping and comparing options, this is roughly what a well-chosen new electric water heater costs to run.
Worth comparing a few current certified models before deciding.
Protecting what you have
At $161/year just to run, a electric water heater is worth protecting against an unplanned repair bill on top of that.
Sourcing
Two sourced numbers, nothing modeled: ENERGY STAR's certified kWh/yr for this exact model, and EIA's published state electricity rate. Ranked 76 of 596, the Eco-Logical ECO-50HPM1A 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.