What the Midea MCHW-65VN3B costs to run
At 1,234 kWh/yr, the Midea MCHW-65VN3B's ENERGY STAR certification puts it more expensive than most models in its category to run against every other certified electric water heater.
That $232 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 MCHW-65VN3B compares to other electric water heaters
The category average is 1,105 kWh/yr; this model runs 11.7% above it, ranking 371 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 MCHW-65VN3B on that list: Midea MAHW-65VN3B ($232/yr, 1,234 kWh/yr) runs slightly less, while Midea US3-RSJ-15/250RDVN3-L4 ($232/yr, 1,234 kWh/yr) runs slightly more.
Same brand, different models
Ranked 16 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).
What this adds up to over time
11 years is NAHB's typical service life for this category; at $232/year, the Midea MCHW-65VN3B adds up to about $2,552 in electricity over that span.
Weighing a replacement
The Midea MCHW-65VN3B 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 $232/year every year.
Worth comparing a few current certified models before deciding.
If you're keeping it
$232/year to run is the predictable cost of the Midea MCHW-65VN3B; a protection plan covers the unpredictable one, a repair bill.
How this was checked
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. The 1,234 kWh/yr figure is ENERGY STAR's own certification, not a wattage estimate; exact dataset IDs are on the data sources page.