Running cost for the PolarWave ACIQ-80G-HP-WH
At 1,240 kWh/yr, the PolarWave ACIQ-80G-HP-WH's ENERGY STAR certification puts it more expensive than most models in its category to run against every other certified electric water heater.
That $233 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 PolarWave ACIQ-80G-HP-WH compares to other electric water heaters
The category average is 1,105 kWh/yr; this model runs 12.2% above it, ranking 409 of 596 electric water heaters tracked here for running cost. 596 certified electric water heaters, one average, about $25/year of daylight between it and this model; the full methodology has the rest.
Neighbouring models
Right next to the PolarWave ACIQ-80G-HP-WH on that list: NOVAIR TCL-80GL-R134A ($233/yr, 1,240 kWh/yr) runs slightly less, while Rinnai REHP65 ($233/yr, 1,240 kWh/yr) runs slightly more.
Same brand, different models
Of the 2 ENERGY STAR certified electric water heaters PolarWave makes, the ACIQ-80G-HP-WH costs the most to run, $72/year more than PolarWave's cheapest, the ACIQ-50G-HP-WH.
Cost over its typical lifespan
Over the 11-year service life NAHB reports for this category, running the PolarWave ACIQ-80G-HP-WH costs roughly $2,564 in electricity, separate from the purchase price.
Is it worth replacing?
At $233/year, this is on the expensive side for a electric water heater; the cheapest certified model in this category runs about $121/year, worth knowing before buying either the PolarWave ACIQ-80G-HP-WH or its replacement.
See what else is certified in this category before you decide.
If you're keeping it
$233/year to run is the predictable cost of the PolarWave ACIQ-80G-HP-WH; a protection plan covers the unpredictable one, a repair bill.
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. Ranked 409 of 596, the PolarWave ACIQ-80G-HP-WH sits in the middle of the electric water heater category, see the guide to why your state changes this number for the other half of the math.