Rheem ECEPH40 T2 RH350BM Running Cost (Electric Water…
What the Rheem ECEPH40 T2 RH350BM costs to run
ENERGY STAR certifies the Rheem ECEPH40 T2 RH350BM at 879 kWh/yr, cheaper than most models in its category to run for its category.
The $165 figure above uses the simple average of all 51 published state rates. Pick your state for the real number.
Where this ranks
That's 20.5% below the electric water heater category average of 1,105 kWh/yr, and ranks 117 of 596 certified electric water heaters for annual running cost, 1 being cheapest. Every one of the 596 currently-certified electric water heaters feeds that average, putting this model about $42/year under it. See how it's calculated on the how it is calculated page.
The closest alternatives by cost
Sorted by running cost among electric water heaters, one step cheaper is Rheem ECE H40 T2 RH310BM ($165/yr, 879 kWh/yr), and one step pricier is Rheem PRO H40 T2 RH310BM ($165/yr, 879 kWh/yr).
Comparing Rheem's own models
Rheem makes 77 ENERGY STAR certified electric water heaters; this one ranks 22 of 77 for running cost, between the brand's cheapest, the PROPH40 T0 RH120-M at $147/yr, and its priciest, the XE80T10HMS00U0 at $264/yr.
Cost over its typical lifespan
Over the 11-year service life NAHB reports for this category, running the Rheem ECEPH40 T2 RH350BM costs roughly $1,818 in electricity, separate from the purchase price.
Is it worth replacing?
The Rheem ECEPH40 T2 RH350BM is already efficient for its category at $165/year. If you're shopping and comparing options, this is roughly what a well-chosen new electric water heater costs to run.
See what else is certified in this category before you decide.
Protecting what you have
Whether or not the Rheem ECEPH40 T2 RH350BM ever needs replacing, a repair is the more common failure for a electric water heater, one a protection plan budgets for ahead of time.
The data behind this page
Two sourced numbers, nothing modeled: ENERGY STAR's certified kWh/yr for this exact model, and EIA's published state electricity rate. Ranked 117 of 596, the Rheem ECEPH40 T2 RH350BM 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.