Richmond 10CE65-HP5U15 Running Cost (Electric Water Heater)
What the Richmond 10CE65-HP5U15 costs to run
The Richmond 10CE65-HP5U15 is certified by ENERGY STAR at 887 kWh a year, cheaper than most models in its category to run among electric water heaters currently certified.
The $167 figure above uses the simple average of all 51 published state rates. Pick your state for the real number.
Richmond 10CE65-HP5U15 against the category
That's 19.7% below the electric water heater category average of 1,105 kWh/yr, and ranks 136 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 $41/year below that average at the national rate. See the methodology page.
What sits beside it in the ranking
Ruud PROUH65 T2 CD400-15 ($167/yr, 887 kWh/yr) costs a little more to run than the Richmond 10CE65-HP5U15. Rheem CPROPH65 T2 RH375-15 ($167/yr, 887 kWh/yr) costs a little less.
Same brand, different models
Richmond makes 28 ENERGY STAR certified electric water heaters; this one ranks 14 of 28 for running cost, between the brand's cheapest, the 10CE40-HP5U15 at $121/yr, and its priciest, the 10E80-HP120MS at $264/yr.
Richmond 10CE65-HP5U15 over 11 years
11 years is NAHB's typical service life for this category; at $167/year, the Richmond 10CE65-HP5U15 adds up to about $1,834 in electricity over that span.
Is it worth replacing?
The Richmond 10CE65-HP5U15 is already efficient for its category at $167/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
$167/year to run is the predictable cost of the Richmond 10CE65-HP5U15; a protection plan covers the unpredictable one, a repair bill.
Sourcing
Two sourced numbers, nothing modeled: ENERGY STAR's certified kWh/yr for this exact model, and EIA's published state electricity rate. Ranked 136 of 596, the Richmond 10CE65-HP5U15 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.