What the Midea CAN3-RSJ-15/300RDVN3-L3 costs to run
ENERGY STAR certifies the Midea CAN3-RSJ-15/300RDVN3-L3 at 1,240 kWh/yr, more expensive than most models in its category to run for its category.
The $233 figure above uses the simple average of all 51 published state rates. Pick your state for the real number.
Midea CAN3-RSJ-15/300RDVN3-L3 against the category
That's 12.2% above the electric water heater category average of 1,105 kWh/yr, and ranks 398 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 $25/year above that average at the national rate. See the methodology page.
What sits beside it in the ranking
Midea MAHW-65VN3A ($233/yr, 1,240 kWh/yr) costs a little more to run than the Midea CAN3-RSJ-15/300RDVN3-L3. Midea CAN3-RSJ-15/250RDVN3-L3 ($233/yr, 1,240 kWh/yr) costs a little less.
Same brand, different models
Midea makes 27 ENERGY STAR certified electric water heaters; this one ranks 19 of 27 for running cost, between the brand's cheapest, the CAN3-RSJ-15/190RDVN3-L3 at $161/yr, and its priciest, the US3-RSJ-15/300RDVN3-L3 at $233/yr.
Midea CAN3-RSJ-15/300RDVN3-L3 over 11 years
11 years is NAHB's typical service life for this category; at $233/year, the Midea CAN3-RSJ-15/300RDVN3-L3 adds up to about $2,564 in electricity over that span.
Is it worth replacing?
Running above the category average, $233/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.
Protecting what you have
$233/year to run is the predictable cost of the Midea CAN3-RSJ-15/300RDVN3-L3; a protection plan covers the unpredictable one, a repair bill.
Sourcing
Ranked 398 of 596, the Midea CAN3-RSJ-15/300RDVN3-L3 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 1,240 kWh/yr figure is ENERGY STAR's own certification, not a wattage estimate; exact dataset IDs are on the data sources page.