Heat pump water heaters (HPWH) offer a different way to heat water using heat pump technology, and can save electricity and money—potentially saving as much as $268 a year, or, $2,680 over ten years. As a board member, I enjoy helping our customers learn how they can save money.
We’re currently offering an instant rebate on heat pump water heaters (no paperwork required), bringing the price down significantly. How much do they cost after the rebate?
- 50 gallon: $650
- 65 gallon: $1,030
- 80 gallon: $1,410
Plus, there’s a federal tax credit of $300 for installing a HPWH during 2021. More good news about HPWHs?
- Heat water 3.5 times more efficiently than standard electric water heaters.
- Can pay for themselves in 2-3 years due to savings on electricity costs.
- Have five heating modes to help maximize savings and maintain performance.
- Can be controlled remotely—for example, owners can turn them on or off or put them in ‘vacation mode’ from anywhere with an internet connection.
- 10 year warranty versus six years for a typical electric water heater.
- Offer includes free delivery to customers’ homes.
Why doesn’t everyone use a heat pump water heater? They have some unique requirements:
- HPWHs need about 700 cubic feet of space around them to operate efficiently. (But they can be installed in smaller areas if ducting is used, or other air-flow methods.) Good locations for a HPWH include garages, attics, and basements.
- HPWHs are slightly larger than “normal” water heaters, requiring an extra six inches of space at the top for their air filters.
- HPWHs have an additional benefit—they dehumidify the air around them—but that also means they need a floor or other plumbing drain, or a pump for condensation.
- HPWHs release cool dry air into the space surrounding them. (If the HPWH is installed on or near an exterior wall, the cool air can be ducted outside if desired.)
- HPWHs make about the same noise as a dishwasher—about 49 decibels. They aren’t loud, but if you’re used to a fairly silent water heater, this is something to consider.
- To qualify for this offer, you must currently have an electric water heater.
–Central Lincoln Board Member Judy Matheny, Treasurer
Subdivision 4: Dunes City, Florence