What the Midea MCHW-50VN3A costs to run
At 855 kWh/yr, the Midea MCHW-50VN3A's ENERGY STAR certification puts it cheaper than most models in its category to run against every other certified electric water heater.
The $161 figure above uses the simple average of all 51 published state rates. Pick your state for the real number.
Midea MCHW-50VN3A against the category
That's 22.6% below the electric water heater category average of 1,105 kWh/yr, and ranks 82 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 $47/year below that average at the national rate. See the methodology page.
What sits beside it in the ranking
Midea US3-RSJ-15/190RDVN3-L3 ($161/yr, 855 kWh/yr) costs a little more to run than the Midea MCHW-50VN3A. Midea MAWH50D2AKH ($161/yr, 855 kWh/yr) costs a little less.
Comparing Midea's own models
Midea makes 27 ENERGY STAR certified electric water heaters; this one ranks 4 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.
What this adds up to over time
Over the 11-year service life NAHB reports for this category, running the Midea MCHW-50VN3A costs roughly $1,768 in electricity, separate from the purchase price.
Is it worth replacing?
The Midea MCHW-50VN3A is already efficient for its category at $161/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
The Midea MCHW-50VN3A already costs $161/year to run; a repair bill on top of that is the kind of expense a protection plan exists to smooth out.
Sourcing
Nothing here is estimated from a nameplate wattage; the 855 kWh/yr is ENERGY STAR's own certified figure for this model. 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.