What appliances really cost to run — compared on the same basis.
HomeLowest operating cost › Lowest Operating Cost: Water heaters

Lowest Operating Cost: Water heaters

Ranked by estimate. Operating cost is an estimate, computed from each model's measured annual energy use at the EIA U.S. national-average residential electricity rate (18.56 ¢/kWh, March 2026). Your actual cost depends on your local utility rate and how you use the appliance.

The Friedrich PROH40 T2 FD400-15 ranks as the lowest-operating-cost water heater in the dataset, with an estimated annual operating expense of $119.34 based on 643 kilowatt-hours per year and the national-average electricity rate. This ranking reflects certified models sorted solely by energy consumption and operating cost, with no payment or consideration applied to influence placement.

Operating cost represents only one dimension of a water heater purchase decision. Capacity, available features, reliability track record, and upfront purchase price each carry independent weight and are not reflected in this energy-efficiency ranking. Prospective buyers should treat this as one lens—the energy-efficiency perspective—and balance it against specifications, durability ratings, warranty terms, and total cost of ownership. This comparison provides a spec-and-cost foundation rather than a comprehensive buying recommendation.

ModelOperating cost (est.)Energy useCapacity
Friedrich PROH40 T2 FD400-15$119.34/yr643 kWh/yr36.0 gallons
Rheem CPROPH40 T2 RH400-15$119.34/yr643 kWh/yr36.0 gallons
Rheem CXE40T10H22U1$119.34/yr643 kWh/yr36.0 gallons
Rheem ECEPH40 T2 RH400-15$119.34/yr643 kWh/yr36.0 gallons
Rheem PROPH40 T2 RH375-15$119.34/yr643 kWh/yr36.0 gallons
Rheem PROPH40 T2 RH400-15$119.34/yr643 kWh/yr36.0 gallons
Rheem XE40T10H22U0$119.34/yr643 kWh/yr36.0 gallons
Rheem XE40T10H22U1$119.34/yr643 kWh/yr36.0 gallons
Richmond 10CE40-HP5U15$119.34/yr643 kWh/yr36.0 gallons
Richmond 10E40-HP515$119.34/yr643 kWh/yr36.0 gallons
Richmond 10E40-HP5U15$119.34/yr643 kWh/yr36.0 gallons
Ruud PROUH40 T2 CD400-15$119.34/yr643 kWh/yr36.0 gallons

Category cost overview → · Size guide →

Appliance operating-cost cheat-sheet

Typical operating cost, energy use and sizing for every appliance category on one page. Free.

We'll email you useful info and the occasional offer. Unsubscribe anytime.
We use cookies to measure site traffic. See our Privacy Policy.