Reclaim Energy MP120F-RC: running cost
The Reclaim Energy MP120F-RC is certified by ENERGY STAR at 1,296 kWh a year, more expensive than most models in its category to run among electric water heaters currently certified.
That $244 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 Reclaim Energy MP120F-RC compares to other electric water heaters
The category average is 1,105 kWh/yr; this model runs 17.3% above it, ranking 454 of 596 electric water heaters tracked here for running cost. 596 certified electric water heaters, one average, about $36/year of daylight between it and this model; the full methodology has the rest.
Neighbouring models
Right next to the Reclaim Energy MP120F-RC on that list: State HPAX-66-DHPT 2** ($243/yr, 1,292 kWh/yr) runs slightly less, while VAUGHN THERMAL MP120F-RC ($244/yr, 1,296 kWh/yr) runs slightly more.
Within the Reclaim Energy lineup
Of the 2 ENERGY STAR certified electric water heaters Reclaim Energy makes, the MP120F-RC costs the most to run, $4/year more than Reclaim Energy's cheapest, the MP80F-RC.
Cost over its typical lifespan
Over the 11-year service life NAHB reports for this category, running the Reclaim Energy MP120F-RC costs roughly $2,680 in electricity, separate from the purchase price.
Shopping for a new one
At $244/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 Reclaim Energy MP120F-RC or its replacement.
Compare current ENERGY STAR certified electric water heaters before buying.
If you're keeping it
The Reclaim Energy MP120F-RC already costs $244/year to run; a repair bill on top of that is the kind of expense a protection plan exists to smooth out.
How this was checked
Nothing here is estimated from a nameplate wattage; the 1,296 kWh/yr is ENERGY STAR's own certified figure for this model. At rank 454 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.