Running cost for the Giant GTHPCO-45 1**+GTXST-50LBTTP 1*
ENERGY STAR certifies the Giant GTHPCO-45 1**+GTXST-50LBTTP 1* at 915 kWh/yr, cheaper than most models in its category to run for its category.
The $172 figure above uses the simple average of all 51 published state rates. Pick your state for the real number.
Giant GTHPCO-45 1**+GTXST-50LBTTP 1* against the category
That's 17.2% below the electric water heater category average of 1,105 kWh/yr, and ranks 187 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 $36/year below that average at the national rate. See the methodology page.
What sits beside it in the ranking
GSW WATER HEATERS GHPCO-45 1**+GXST-50LBTTP 1** ($172/yr, 915 kWh/yr) costs a little more to run than the Giant GTHPCO-45 1**+GTXST-50LBTTP 1*. Friedrich PROH50 T2 FD350UM ($172/yr, 915 kWh/yr) costs a little less.
Within the Giant lineup
Giant sells 13 certified electric water heaters; this one runs cheapest of them, $80/year under the GTHPCO-45 1**+GTXST-66TTP 1**, 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 Giant GTHPCO-45 1**+GTXST-50LBTTP 1* that long and it costs about $1,892 in electricity, on top of whatever it cost to buy.
Weighing a replacement
The Giant GTHPCO-45 1**+GTXST-50LBTTP 1* is already efficient for its category at $172/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
Whether or not the Giant GTHPCO-45 1**+GTXST-50LBTTP 1* ever needs replacing, a repair is the more common failure for a electric water heater, one a protection plan budgets for ahead of time.
Sourcing
Ranked 187 of 596, the Giant GTHPCO-45 1**+GTXST-50LBTTP 1* 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. The 915 kWh/yr figure is ENERGY STAR's own certification, not a wattage estimate; exact dataset IDs are on the data sources page.