There are several different kinds of water heaters available, with pros and cons depending on your home and environment. But a newer type of water heater, the heat pump water heater, stands out from the rest for 5 reasons:
Heat Pump Water Heaters pay themselves off quickly (in warm climates)
An investment in a heat pump water heater can pay itself off in just a few years; a family of 4 can save approximately $350 a year on their energy bills. Data from Energy Star shows payback time can take as little as two years. A maintained heat pump water heater can last 10-15 years, according to Consumer Affairs.
It’s efficient
Heat pump water heaters move heat from the surrounding air into the heater. Because of this, they operate best in moderate or warmer climates. Heat pump water heaters use 1/3 less energy than standard water heaters. They also often have manual control options (like Hybrid mode) to further increase energy savings. It can also serve a dual purpose of cooling down a hot garage and mitigating waste heat. To fully maximize energy and money savings, use in combination with ACT D’MAND Kontrols® Systems to get instant hot water only when needed.
It’s a greener option
Using less energy means less greenhouse gas emissions. According to Energy Star, “If all residential electric water heaters less than 55 gallons sold in the United States were ENERGY STAR certified HPWHs, …140 billion pounds of annual greenhouse gas emissions would be prevented, equivalent to the emissions from more than 13 million vehicles”.
It’s a safer option than other water heaters
An electric heat pump water heater doesn’t have a pilot light and doesn’t use gas – no need to worry about gas leaks.
Rebates are often available with the purchase of a water heater
Many times, rebates and tax credits are available when you purchase a heat pump water heater. Energy Star has more information on where to find rebates in your local area, as well as more information on a federal tax credit that may be available to you here.
Always have a professional assist you with identifying the best water heater for your home.
What kind of heating system do you have? Have you recently considered upgrading or replacing your water heater? Let us know in the comments.