Lochinvar HPPA065KD 2**: running cost
The Lochinvar HPPA065KD 2** is certified by ENERGY STAR at 1,292 kWh a year, more expensive than most models in its category to run among electric water heaters currently certified.
That $243 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
The category average is 1,105 kWh/yr; this model runs 16.9% above it, ranking 450 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 $35/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 Lochinvar HPPA065KD 2**: Lochinvar CHPA-66 2** ($243/yr, 1,292 kWh/yr), then RELIANCE WATER HEATERS 10-66-DHPTA 2** ($243/yr, 1,292 kWh/yr).
Within the Lochinvar lineup
Ranked 17 of Lochinvar's 26 certified electric water heaters, this sits between the HPSA050KD 2** ($156/yr, the brand's cheapest) and the HPV080KD 2** ($311/yr, its priciest).
Cost over its typical lifespan
NAHB's Study of Life Expectancy of Home Components puts a typical electric water heater's service life at 11 years; run the Lochinvar HPPA065KD 2** that long and it costs about $2,672 in electricity, on top of whatever it cost to buy.
Shopping for a new one
Running above the category average, $243/year is exactly the kind of number that makes a newer, more efficient model pay for itself faster.
Worth comparing a few current certified models before deciding.
If you're keeping it
Whether or not the Lochinvar HPPA065KD 2** ever needs replacing, a repair is the more common failure for a electric water heater, one a protection plan budgets for ahead of time.
Where this number comes from
Two sourced numbers, nothing modeled: ENERGY STAR's certified kWh/yr for this exact model, and EIA's published state electricity rate. At rank 450 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.