NOVAIR TCL-65GL-R134A: running cost
ENERGY STAR certifies the NOVAIR TCL-65GL-R134A 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.
NOVAIR TCL-65GL-R134A against the category
That's 12.2% above the electric water heater category average of 1,105 kWh/yr, and ranks 407 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
NOVAIR TCL-80GL-R134A ($233/yr, 1,240 kWh/yr) costs a little more to run than the NOVAIR TCL-65GL-R134A. Midea US3-RSJ-15/300RDVN3-L3 ($233/yr, 1,240 kWh/yr) costs a little less.
Comparing NOVAIR's own models
NOVAIR makes 3 ENERGY STAR certified electric water heaters; this one ranks 2 of 3 for running cost, between the brand's cheapest, the TCL-50GL-R134A at $161/yr, and its priciest, the TCL-80GL-R134A at $233/yr.
What this adds up to over time
NAHB's Study of Life Expectancy of Home Components puts a typical electric water heater's service life at 11 years; run the NOVAIR TCL-65GL-R134A that long and it costs about $2,564 in electricity, on top of whatever it cost to buy.
Weighing a replacement
Running above the category average, $233/year is exactly the kind of number that makes a newer, more efficient model pay for itself faster.
Compare current ENERGY STAR certified electric water heaters before buying.
Protecting what you have
At $233/year just to run, a electric water heater is worth protecting against an unplanned repair bill on top of that.
Sourcing
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.