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A. O. Smith HPTV-66 2

Covers every color and finish of this model.

ENERGY STAR certified

Heat pump water heater · 68 gallons

Inthis water heater costs

about $23 a month

$280 a year

An estimate at your state's average rate — not a guarantee of your bill.

Estimated yearly cost

$217

a year

The yellow sticker says $217 a year.

You'll pay $63 more.

Sticker uses 14¢ per kWh. The U.S. average is 18.0¢ per kWh.

Energy use

1,550 kWh a year

vs similar heat pump water heater

+38%

Cheaper water heaters, same size
Cost in every state

1,550 kWh a year × each state's average residential rate (EIA 12-month average through July 2026).

StateRatePer yearPer month
Hawaii43.7¢$677about $56 a month
California33.1¢$514about $43 a month
Massachusetts30.4¢$471about $39 a month
Rhode Island29.4¢$456about $38 a month
Maine29.3¢$454about $38 a month
New York28.4¢$440about $37 a month
Connecticut28.2¢$437about $36 a month
Alaska27.0¢$419about $35 a month
New Hampshire26.8¢$415about $35 a month
District of Columbia24.2¢$375about $31 a month
Show all 52 states
Vermont23.9¢$370about $31 a month
New Jersey23.6¢$366about $30 a month
Maryland22.3¢$346about $29 a month
Michigan21.0¢$326about $27 a month
Pennsylvania20.8¢$322about $27 a month
Illinois19.0¢$294about $25 a month
Wisconsin18.8¢$291about $24 a month
Ohio18.3¢$284about $24 a month
U.S. average18.0¢$280about $23 a month
Delaware18.0¢$278about $23 a month
Indiana17.1¢$265about $22 a month
Virginia16.6¢$257about $21 a month
Colorado16.6¢$257about $21 a month
Alabama16.5¢$256about $21 a month
Minnesota16.2¢$252about $21 a month
Texas16.0¢$248about $21 a month
South Carolina15.7¢$244about $20 a month
West Virginia15.7¢$243about $20 a month
Oregon15.6¢$241about $20 a month
Arizona15.5¢$240about $20 a month
Florida15.4¢$239about $20 a month
New Mexico15.2¢$236about $20 a month
Kansas15.1¢$234about $20 a month
Georgia15.1¢$234about $19 a month
Mississippi14.9¢$231about $19 a month
North Carolina14.9¢$230about $19 a month
South Dakota14.3¢$221about $18 a month
Washington14.2¢$219about $18 a month
Wyoming14.2¢$219about $18 a month
Iowa14.1¢$218about $18 a month
Kentucky14.0¢$217about $18 a month
Montana13.9¢$216about $18 a month
Missouri13.9¢$215about $18 a month
Tennessee13.7¢$212about $18 a month
Oklahoma13.6¢$211about $18 a month
Nevada13.6¢$210about $18 a month
Arkansas13.5¢$209about $17 a month
Utah13.3¢$206about $17 a month
Louisiana13.1¢$203about $17 a month
Nebraska12.9¢$200about $17 a month
Idaho12.7¢$196about $16 a month
North Dakota12.5¢$194about $16 a month

What the A. O. Smith HPTV-66 2 costs where electricity is expensive

At Hawaii's average residential rate of 43.7¢ per kWh, the A. O. Smith HPTV-66 2 costs $677 a year — $460 more a year than the label says. The EnergyGuide label estimates $217 a year, because every label in the country is calculated at 14¢ per kWh. At the U.S. average of 18.0¢ per kWh this water heater costs $280 a year, and in North Dakota, the cheapest state, $194 a year.

Estimated annual running cost for the A. O. Smith HPTV-66 2 in the highest-rate states and the lowest-rate state
WhereRateCost a yearvs the label
Hawaii43.7¢ per kWh$677+$460
California33.1¢ per kWh$514+$297
Massachusetts30.4¢ per kWh$471+$254
Rhode Island29.4¢ per kWh$456+$239
Maine29.3¢ per kWh$454+$237
North Dakota12.5¢ per kWh$194−$23

Electricity prices: EIA 12-month average through July 2026, residential sector, average revenue per kWh. Label figure calculated at 14¢ per kWh, the rate the FTC requires on labels.

Full specs

At the U.S. average residential rate this one costs $280 a year — about 38% more expensive to run than the average heat pump water heater ($203 a year across 510 certified models).

$280
Most efficient $123Least efficient $314

Every model on this scale is ENERGY STAR certified. Range across 510 heat pump water heaters, priced a year at the U.S. average residential rate.

Brand
A. O. Smith
Model number
HPTV-66 2**as ENERGY STAR lists it; * and # stand for color and finish codes
Model name
Heat Pump
Type
Heat pump water heater
Capacity
68 gallons
Annual energy use
1,550 kWh a year
Combined Energy Factor (CEF)
3.2
ENERGY STAR Most Efficient
No
On the market since
July 2023
Certified
December 2025
Tank volume (gallons)
68
First-hour rating (gallons)
76
Uniform Energy Factor (UEF)
3.20
Draw pattern
High-Usage
Heat pump type
120 Volt Integrated HPWH
Recovery efficiency (%)
368.00
Tank height (in)
61
Tank diameter (in)
23
Where to buy

We do not sell appliances. These open a search on the retailer's own site.

Common questions
+How much does the A. O. Smith HPTV-66 2 cost to run per month?

about $23 a month at the U.S. average residential rate of 18.0¢ per kWh, or $280 a year. Your cost depends on your state's rate — see the table above.

+How many kWh does the A. O. Smith HPTV-66 2 use?

1,550 kWh a year, as the manufacturer filed it with the EPA, in the ENERGY STAR certified product database.

+Is the A. O. Smith HPTV-66 2 energy efficient?

It is listed as ENERGY STAR certified. It uses about 38% more electricity than the average heat pump water heater (average: 1,123 kWh a year).

+How does the A. O. Smith HPTV-66 2 compare to the average water heater?

The average heat pump water heater in our database uses 1,123 kWh a year, costing $203 a year at the U.S. average residential rate. The A. O. Smith HPTV-66 2 uses 1,550 kWh a year, costing $280 a year.

How we calculate this

Annual energy use (1,550 kWh a year) is the figure the manufacturer filed for this model with the EPA, in the ENERGY STAR certified product database. Running cost is that figure multiplied by a state's average residential electricity price from the U.S. Energy Information Administration (12-month average through July 2026, average revenue per kWh).

The annual figure for a water heater assumes a hot water draw of 10, 38, 55 or 84 gallons a day, set by the heater's first-hour rating, per the DOE test procedure (10 CFR 430 Subpart B, Appendix E). Full methodology.

Sources: EPA ENERGY STAR certified product data, updated weekly · U.S. EIA electricity prices, 12-month average through July 2026.