Richmond 10CE80-HP5S30 Running Cost (Electric Water Heater)
Richmond 10CE80-HP5S30: running cost
At 1,213 kWh/yr, the Richmond 10CE80-HP5S30's ENERGY STAR certification puts it more expensive than most models in its category to run against every other certified electric water heater.
The $228 figure above uses the simple average of all 51 published state rates. Pick your state for the real number.
Richmond 10CE80-HP5S30 against the category
That's 9.8% above the electric water heater category average of 1,105 kWh/yr, and ranks 334 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 $20/year above that average at the national rate. See the methodology page.
What sits beside it in the ranking
Richmond 10CE80-HP5U30 ($228/yr, 1,213 kWh/yr) costs a little more to run than the Richmond 10CE80-HP5S30. Rheem XE80T10HS45U1 ($228/yr, 1,213 kWh/yr) costs a little less.
Same brand, different models
Richmond makes 28 ENERGY STAR certified electric water heaters; this one ranks 22 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.
Cost over its typical lifespan
11 years is NAHB's typical service life for this category; at $228/year, the Richmond 10CE80-HP5S30 adds up to about $2,508 in electricity over that span.
Shopping for a new one
At $228/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 Richmond 10CE80-HP5S30 or its replacement.
See what else is certified in this category before you decide.
Protecting what you have
The Richmond 10CE80-HP5S30 already costs $228/year to run; a repair bill on top of that is the kind of expense a protection plan exists to smooth out.
Sourcing
Two sourced numbers, nothing modeled: ENERGY STAR's certified kWh/yr for this exact model, and EIA's published state electricity rate. At rank 334 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.