Richmond 10CE80-HP5U15 Running Cost (Electric Water Heater)
Richmond 10CE80-HP5U15: running cost
ENERGY STAR certifies the Richmond 10CE80-HP5U15 at 871 kWh/yr, cheaper than most models in its category to run for its category.
That $164 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.
Efficient, or not, for a electric water heater
Against the category average of 1,105 kWh/yr, this model uses 21.2% less, ranking 109 of 596 electric water heaters tracked here for running cost. That average is drawn from all 596 electric water heaters ENERGY STAR currently certifies, not an outside number, a $44/year gap from this model at the national rate. Full sourcing is in the sourcing notes.
Right next to it on the list
A rank or two either side of the Richmond 10CE80-HP5U15: Rheem CPROPH80 T2 RH375-15 ($164/yr, 871 kWh/yr), then Ruud PROUH80 T2 CD400-15 ($164/yr, 871 kWh/yr).
Comparing Richmond's own models
Ranked 13 of Richmond's 28 certified electric water heaters, this sits between the 10CE40-HP5U15 ($121/yr, the brand's cheapest) and the 10E80-HP120MS ($264/yr, its priciest).
What this adds up to over time
11 years is NAHB's typical service life for this category; at $164/year, the Richmond 10CE80-HP5U15 adds up to about $1,801 in electricity over that span.
Shopping for a new one
Efficient as certified electric water heaters go, $164/year is a reasonable baseline if you're comparing what else is on the market.
Compare current ENERGY STAR certified electric water heaters before buying.
If you're keeping it
At $164/year just to run, a electric water heater is worth protecting against an unplanned repair bill on top of that.
Where this number comes from
Ranked 109 of 596, the Richmond 10CE80-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. The 871 kWh/yr figure is ENERGY STAR's own certification, not a wattage estimate; exact dataset IDs are on the data sources page.