What the GE Profile PJ40S10FPY01 costs to run
At 724 kWh/yr, the GE Profile PJ40S10FPY01's ENERGY STAR certification puts it one of the cheaper models in its category to run against every other certified electric water heater.
That $136 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.
Efficient, or not, for a electric water heater
Against the category average of 1,105 kWh/yr, this model uses 34.5% less, ranking 5 of 596 electric water heaters tracked here for running cost. That average is drawn from all 596 electric water heaters ENERGY STAR currently certifies, not an outside number, a $72/year gap from this model at the national rate. Full sourcing is in the sourcing notes.
Right next to it on the list
A rank or two either side of the GE Profile PJ40S10FPY01: GE Profile PF40S10FPY01 ($136/yr, 724 kWh/yr), then Eco-Logical OMNI-50HP2-1A ($145/yr, 769 kWh/yr).
Same brand, different models
Ranked 2 of GE Profile's 18 certified electric water heaters, this sits between the PF40S10FPY01 ($136/yr, the brand's cheapest) and the PJ65S10FPY01 ($274/yr, its priciest).
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 PJ40S10FPY01 that long and it costs about $1,497 in electricity, on top of whatever it cost to buy.
Shopping for a new one
Efficient as certified electric water heaters go, $136/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 GE Profile PJ40S10FPY01 already costs $136/year to run; a repair bill on top of that is the kind of expense a protection plan exists to smooth out.
Where this number comes from
The GE Profile PJ40S10FPY01 is among the cheapest 596 electric water heaters tracked here to run, see the full Electric Water Heater category page for the rest of the range. The 724 kWh/yr figure is ENERGY STAR's own certification, not a wattage estimate; exact dataset IDs are on the data sources page.