This month June will be my biggest water heater consumption to date.
We have a 2 tier usage system in Quebec
First 40KW/day is .07c/KW
Anything over 40KW/day is .10c/KW
In the last year my average is .09c/kw
This month after 27 days I have consumed 129.5KW so I’m estimating using about 144KW by end of month
My cost will be 144 x .09 = $12.96 or x 12 months would be approx $155.52. (It’s less than that for sure in my case)
It is absolutely not worth it for me to buy a Hybrid water heater.