SANCO2 GS5-45HPC-D HP + ECO-43SSAQB: running cost
The SANCO2 GS5-45HPC-D HP + ECO-43SSAQB is certified by ENERGY STAR at 868 kWh a year, cheaper than most models in its category to run among electric water heaters currently certified.
That $163 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.
How the SANCO2 GS5-45HPC-D HP + ECO-43SSAQB compares to other electric water heaters
Against the category average of 1,105 kWh/yr, this model uses 21.4% less, ranking 107 of 596 electric water heaters tracked here for running cost. 596 certified electric water heaters, one average, about $45/year of daylight between it and this model; the full methodology has the rest.
Neighbouring models
Right next to the SANCO2 GS5-45HPC-D HP + ECO-43SSAQB on that list: SANCO2 GS5-45HPC HP + ECO-43SSAQB ($163/yr, 868 kWh/yr) runs slightly less, while Rheem CPROPH80 T2 RH375-15 ($164/yr, 871 kWh/yr) runs slightly more.
Comparing SANCO2's own models
Ranked 2 of SANCO2's 6 certified electric water heaters, this sits between the GS5-45HPC HP + ECO-43SSAQB ($163/yr, the brand's cheapest) and the GS5-45HPC-D HP + ECO-119GLBK ($251/yr, its priciest).
SANCO2 GS5-45HPC-D HP + ECO-43SSAQB over 11 years
NAHB's Study of Life Expectancy of Home Components puts a typical electric water heater's service life at 11 years; run the SANCO2 GS5-45HPC-D HP + ECO-43SSAQB that long and it costs about $1,795 in electricity, on top of whatever it cost to buy.
Is it worth replacing?
Efficient as certified electric water heaters go, $163/year is a reasonable baseline if you're comparing what else is on the market.
Worth comparing a few current certified models before deciding.
If you're keeping it
Whether or not the SANCO2 GS5-45HPC-D HP + ECO-43SSAQB ever needs replacing, a repair is the more common failure for a electric water heater, one a protection plan budgets for ahead of time.
How this was checked
Ranked 107 of 596, the SANCO2 GS5-45HPC-D HP + ECO-43SSAQB 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 868 kWh/yr figure is ENERGY STAR's own certification, not a wattage estimate; exact dataset IDs are on the data sources page.