Midea CAN3-RSJ-15/300RDVN3-L4: running cost
ENERGY STAR certifies the Midea CAN3-RSJ-15/300RDVN3-L4 at 1,230 kWh/yr, more expensive than most models in its category to run for its category.
That $231 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 Midea CAN3-RSJ-15/300RDVN3-L4 compares to other electric water heaters
The category average is 1,105 kWh/yr; this model runs 11.3% above it, ranking 354 of 596 electric water heaters tracked here for running cost. 596 certified electric water heaters, one average, about $24/year of daylight between it and this model; the full methodology has the rest.
Neighbouring models
Right next to the Midea CAN3-RSJ-15/300RDVN3-L4 on that list: Rinnai REHP80C ($230/yr, 1,225 kWh/yr) runs slightly less, while Midea MAHW-80VN3B ($231/yr, 1,230 kWh/yr) runs slightly more.
Within the Midea lineup
Ranked 10 of Midea's 27 certified electric water heaters, this sits between the CAN3-RSJ-15/190RDVN3-L3 ($161/yr, the brand's cheapest) and the US3-RSJ-15/300RDVN3-L3 ($233/yr, its priciest).
Cost over its typical lifespan
11 years is NAHB's typical service life for this category; at $231/year, the Midea CAN3-RSJ-15/300RDVN3-L4 adds up to about $2,544 in electricity over that span.
Weighing a replacement
The Midea CAN3-RSJ-15/300RDVN3-L4 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 $231/year every year.
See what else is certified in this category before you decide.
If you're keeping it
At $231/year just to run, a electric water heater is worth protecting against an unplanned repair bill on top of that.
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. The full Electric Water Heater category page shows all 596 electric water heaters ranked by cost; the state-rate guide covers the half of this number that isn't the appliance.