Want to Save Money? Go Green?
What if there was a way to have all of the hot water you want and get it at a much cheaper price than your current system! With the average price of oil sitting around 2.80 per gallon and propane sitting around 2.90 per gallon the cost to heat water adds up.
What is a heat pump water heater?
A heat pump water heater is very similar to your refrigerator except it acts in an opposite manner. It moves the heat in its surroundings to the water within the tank using electricity. By moving heat instead of generating heat is what makes these heaters so efficient.
Let’s go through FOUR reasons for installing a Heat Pump Water Heater!
Cheaper to Operate:
The heat pump water heater runs solely on electricity which averages only 15 cents per kilowatt hour. Studies have shown the heat pump water heater saves up to $330 dollars per year in operating costs when compared to standard electric and fossil fuel water heaters.
Less Expensive to Install:
Some utilities are offering rebates of up to $750 dollars. In many instances, you could end up paying less to replace your current system when compared to other alternatives.
Systems that burn fossil fuel create exhaust that is considered toxic and corrosive. As such, they should be
cleaned and tuned up on a yearly basis which increases your cost.
Basements usually have some level of humidity and many studies recommend a dehumidifier. The heat pump acts as a dehumidifier while heating your water. By removing the humidity from its surrounding area, it will benefit basements with humidity and water related issues and help alleviate the need for an expensive dehumidifier.