Appliances / Heat pump water heaters / Richmond vs State

Richmond vs State heat pump water heaters: which costs less to run?

Every ENERGY STAR certified Richmond and State heat pump water heater, compared by yearly electricity cost at the U.S. average price.

Typical Richmond model · cheaper to run
$161/yr
33 models
Typical State model
$234/yr
34 models
Difference over 13 years
$942
typical model, in electricity

Same size, side by side

Bigger models use more power, so this is the fair comparison.

SizeRichmond typicalState typicalCheapest to run
Under 50 gallons$156 (15)$165 (14)Richmond 10E40-HP5U15 · $117/yr
50 to 65 gallons$196 (10)$244 (2)Richmond 10E65-HP515 · $161/yr
66 gallons and up$221 (8)$251 (18)Richmond 10E80-HP515 · $158/yr

Cheapest Richmond models to run

  1. 10E40-HP5U15 36 gal · $117/yr
  2. 10E40-HP120M 36 gal · $142/yr
  3. 10E40-HP120MS 36 gal · $142/yr
  4. 10E50-HP515 45 gal · $154/yr
  5. 10E50-HP5U15 45 gal · $154/yr
All 33 Richmond models →

Cheapest State models to run

  1. HPSX-50-DHPT 2 series 46 gal · $151/yr
  2. CSHP-50 2 series 46 gal · $161/yr
  3. HPAX-50-DHPT 2 series 46 gal · $161/yr
  4. CSHP-40 2 series 36 gal · $164/yr
  5. HPAX-40-DHPT 2 series 36 gal · $164/yr
All 34 State models →

Questions

Are Richmond or State heat pump water heaters cheaper to run?

Richmond. The typical (median) Richmond model costs $161 a year in electricity, against $234 for State, about $942 over a 13-year life. Compare models of the same size, because bigger models use more.

What is the cheapest Richmond heat pump water heater to run?

The Richmond 10E40-HP5U15, at $117 a year (643 kWh).

What is the cheapest State heat pump water heater to run?

The State HPSX-50-DHPT 2 series, at $151 a year (831 kWh).

More heat pump water heaters comparisons