Running cost for the Midea MCHW-80VN3B
The Midea MCHW-80VN3B is certified by ENERGY STAR at 1,230 kWh a year, more expensive than most models in its category to run among electric water heaters currently certified.
The $231 figure above uses the simple average of all 51 published state rates. Pick your state for the real number.
Midea MCHW-80VN3B against the category
That's 11.3% above the electric water heater category average of 1,105 kWh/yr, and ranks 356 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 $24/year above that average at the national rate. See the methodology page.
What sits beside it in the ranking
Midea US3-RSJ-15/300RDVN3-L4 ($231/yr, 1,230 kWh/yr) costs a little more to run than the Midea MCHW-80VN3B. Midea MAHW-80VN3B ($231/yr, 1,230 kWh/yr) costs a little less.
Within the Midea lineup
Midea makes 27 ENERGY STAR certified electric water heaters; this one ranks 12 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 MCHW-80VN3B over 11 years
NAHB's Study of Life Expectancy of Home Components puts a typical electric water heater's service life at 11 years; run the Midea MCHW-80VN3B that long and it costs about $2,544 in electricity, on top of whatever it cost to buy.
Shopping for a new one
The Midea MCHW-80VN3B 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.
Worth comparing a few current certified models before deciding.
Protecting what you have
$231/year to run is the predictable cost of the Midea MCHW-80VN3B; a protection plan covers the unpredictable one, a repair bill.
Sourcing
Nothing here is estimated from a nameplate wattage; the 1,230 kWh/yr is ENERGY STAR's own certified figure for this model. At rank 356 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.