Open 7 days a week

Replace your Electric Hot Water Heater with a Heat Pump Water Heater


If you have a large electric hot water heater in your garage, now is the perfect time to save hundreds of dollars every year by switching to a Heat Pump water heater. For the same first year cost to replace your conventional electric hot water heater, you can install a Heat Pump water heater and begin saving hundreds of dollars every year after.


The cost savings are immediate. Your energy bill could be reduced approximately $400 each year (depending on your hot water usage). If you are a Duke Energy of the Carolinas area, Duke offers a $350 rebate if you upgrade to a new Heat Pump water heater. And currently you can claim a $300 tax deduction on your Federal income taxes with the new Rheem/Ruud heat pump water heaters. So for the $1000 difference in installation costs, you can offset that cost with the rebates and energy savings in the first year. Then in year 2, the savings are approximately $400 each year after that.


Rheem also offers the best in class warranty for the Heat Pump water heaters. 10-year full parts warranty on the Heat Pump water heaters. If it fails for any reason, parts are free. That is at least 4 years more than the warranties on your standard electric hot water heaters.


Call us today to see how you can start saving money.


About Author

Frank Alexander is an experienced engineering professional who holds a Master of Engineering degree from North Carolina State University and an MBA from the University of South Carolina. Frank holds licenses in both residential and commercial HVAC, and holds a limited electrical license. Frank is also NATE certified.

Comments are closed.