GE Profile PH50S10BPY01: running cost
ENERGY STAR certifies the GE Profile PH50S10BPY01 at 1,154 kWh/yr, about average for its category to run for its category.
The $217 figure above uses the simple average of all 51 published state rates. Pick your state for the real number.
GE Profile PH50S10BPY01 against the category
That's 4.4% above the electric water heater category average of 1,105 kWh/yr, and ranks 297 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 $9/year above that average at the national rate. See the methodology page.
What sits beside it in the ranking
GE Profile PH65S10BNY01 ($217/yr, 1,154 kWh/yr) costs a little more to run than the GE Profile PH50S10BPY01. GE Profile PH80S10BPY01 ($212/yr, 1,127 kWh/yr) costs a little less.
Same brand, different models
GE Profile makes 18 ENERGY STAR certified electric water heaters; this one ranks 12 of 18 for running cost, between the brand's cheapest, the PF40S10FPY01 at $136/yr, and its priciest, the PJ65S10FPY01 at $274/yr.
What this adds up to over time
NAHB's Study of Life Expectancy of Home Components puts a typical electric water heater's service life at 11 years; run the GE Profile PH50S10BPY01 that long and it costs about $2,386 in electricity, on top of whatever it cost to buy.
Shopping for a new one
The GE Profile PH50S10BPY01 is already efficient for its category at $217/year. If you're shopping and comparing options, this is roughly what a well-chosen new electric water heater costs to run.
See what else is certified in this category before you decide.
Protecting what you have
At $217/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. At rank 297 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.