Richmond 10CE80-HP5US30 Running Cost (Electric Water Heater)
Richmond 10CE80-HP5US30: running cost
The Richmond 10CE80-HP5US30 is certified by ENERGY STAR at 1,213 kWh a year, more expensive than most models in its category to run among electric water heaters currently certified.
That $228 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
The category average is 1,105 kWh/yr; this model runs 9.8% above it, ranking 336 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 $20/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-HP5US30: Richmond 10CE80-HP5U30 ($228/yr, 1,213 kWh/yr), then Richmond 10E80-HP5U30 ($228/yr, 1,213 kWh/yr).
Comparing Richmond's own models
Ranked 24 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).
Cost over its typical lifespan
11 years is NAHB's typical service life for this category; at $228/year, the Richmond 10CE80-HP5US30 adds up to about $2,508 in electricity over that span.
Is it worth replacing?
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-HP5US30 or its replacement.
Worth comparing a few current certified models before deciding.
If you're keeping it
Whether or not the Richmond 10CE80-HP5US30 ever needs replacing, a repair is the more common failure for a electric water heater, one a protection plan budgets for ahead of time.
Where this number comes from
Two sourced numbers, nothing modeled: ENERGY STAR's certified kWh/yr for this exact model, and EIA's published state electricity rate. The full Electric Water Heater category page shows all 596 electric water heaters ranked by cost; the state-rate guide covers the half of this number that isn't the appliance.