Running cost for the SANCO2 GS5-45HPC HP + ECO-119GLBK
At 1,333 kWh/yr, the SANCO2 GS5-45HPC HP + ECO-119GLBK's ENERGY STAR certification puts it more expensive than most models in its category to run against every other certified electric water heater.
The $251 figure above uses the simple average of all 51 published state rates. Pick your state for the real number.
Where this ranks
That's 20.6% above the electric water heater category average of 1,105 kWh/yr, and ranks 491 of 596 certified electric water heaters for annual running cost, 1 being cheapest. Every one of the 596 currently-certified electric water heaters feeds that average, putting this model about $43/year over it. See how it's calculated on the how it is calculated page.
The closest alternatives by cost
Sorted by running cost among electric water heaters, one step cheaper is SANCO2 GS5-45HPC-D HP + ECO-83SSAQB ($247/yr, 1,313 kWh/yr), and one step pricier is SANCO2 GS5-45HPC-D HP + ECO-119GLBK ($251/yr, 1,333 kWh/yr).
Within the SANCO2 lineup
SANCO2 makes 6 ENERGY STAR certified electric water heaters; this one ranks 5 of 6 for running cost, between the brand's cheapest, the GS5-45HPC HP + ECO-43SSAQB at $163/yr, and its priciest, the GS5-45HPC-D HP + ECO-119GLBK at $251/yr.
SANCO2 GS5-45HPC HP + ECO-119GLBK 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 HP + ECO-119GLBK that long and it costs about $2,757 in electricity, on top of whatever it cost to buy.
Is it worth replacing?
Running above the category average, $251/year is exactly the kind of number that makes a newer, more efficient model pay for itself faster.
Compare current ENERGY STAR certified electric water heaters before buying.
Protecting what you have
A electric water heater like the SANCO2 GS5-45HPC HP + ECO-119GLBK is a real household expense whether or not it needs replacing yet; a protection plan is one way to budget for a repair rather than a full replacement.
The data behind this page
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. The 1,333 kWh/yr figure is ENERGY STAR's own certification, not a wattage estimate; exact dataset IDs are on the data sources page.