Heat Pump Water Heater Savings

Nearly one-fifth of your household’s energy use likely goes to heat water. Water heaters are a great place to look for significant savings—especially when rebates are available.

Efficiency Maine offers rebates on heat pump water heaters, and over 10,000 Mainers use them to heat their water. These units achieve greater efficiency than conventional electric models by drawing on room air to heat water.

ENERGY STAR estimates that a four-person household will realize more than $3,000 in savings over the projected 10-year life of a heat pump water heater.

Efficiency Maine is currently offering a $750 mail-in rebate on heat pumps water heaters. Given an estimated price of $1,300 for a heat pump water heater, that makes the net price for a unit around $550. Energy savings in just the first two years of use could cover that cost. And many heaters come with a 10-year warranty.

Heat pump water heaters are a great choice to use in an unheated space (like a basement area at least 10 feet square). They dehumidify and cool the surrounding air so they’re best placed in a utility rather than a living space.

These water heaters offer settings that let you maximize energy savings throughout the year. You can set them on “vacation” mode to save electricity when you travel and still enjoy hot water on your return.

Heat pump water heaters take only minimal maintenance. Just rinse or vacuum the air filter regularly.

To learn more, click here. There you can download a rebate form and learn about how your plumber may be able to access an instant rebate by purchasing a heat pump water heater at a participating distributor.