What the Hubbell ME80HPT costs to run
ENERGY STAR certifies the Hubbell ME80HPT at 1,424 kWh/yr, one of the more expensive models in its category to run for its category.
That $268 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 Hubbell ME80HPT compares to other electric water heaters
The category average is 1,105 kWh/yr; this model runs 28.9% above it, ranking 568 of 596 electric water heaters tracked here for running cost. 596 certified electric water heaters, one average, about $60/year of daylight between it and this model; the full methodology has the rest.
Neighbouring models
Right next to the Hubbell ME80HPT on that list: VAUGHN THERMAL MP120FHPT ($267/yr, 1,418 kWh/yr) runs slightly less, while Noritz NHP80 ($268/yr, 1,424 kWh/yr) runs slightly more.
Same brand, different models
Ranked 3 of Hubbell's 4 certified electric water heaters, this sits between the ME50HPT ($176/yr, the brand's cheapest) and the ME120HPT ($276/yr, its priciest).
Cost over its typical lifespan
Over the 11-year service life NAHB reports for this category, running the Hubbell ME80HPT costs roughly $2,945 in electricity, separate from the purchase price.
Is it worth replacing?
The Hubbell ME80HPT runs above its category average. If the electric water heater you actually own is older still, likely well past ENERGY STAR's efficiency baseline when it was made, a current certified model could cost meaningfully less than this model's $268/year every year.
See what else is certified in this category before you decide.
If you're keeping it
Whether or not the Hubbell ME80HPT ever needs replacing, a repair is the more common failure for a electric water heater, one a protection plan budgets for ahead of time.
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 568 of 596, the Hubbell ME80HPT 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.