In my area there’s barely any upfront cost, as there’s something like $5k in rebates plus the 30% federal tax credit.
Comment on Replaced my electric resistance water heater with heat pump, dramatic reduction in energy usage
Veedem@lemmy.world 2 days ago
What’s the upfront price difference in the water heaters?
dan@upvote.au 2 days ago
rainwall@piefed.social 2 days ago
2-3x more expensive, but they normally pay off in about 5 years.
glitch1985@lemmy.world 2 days ago
Home depot regularly has them on huge sales and it paid for itself within two years just by the electric savings.
cymbal_king@lemmy.world 2 days ago
My utility company chipped in $1,600, so it ended up being the cheapest option anyway.
This 65gal Rheem heat pump water heater goes for $2,150 plus shipping and install.
This 55gal Rheem resistance water heater goes for $820 plus about equivalent shipping and install as a heat pump water heater