If you’re feeling a little drained by an old inefficient water heater, check out the new technology of a heat pump water heater. By upgrading to a super-efficient heat pump water heater, you can reduce your electric water heating costs by up to 50 percent and save every month.
Upgrade by December 3, 2014, for $400 instant savings on a GE GeoSpring 50-gallon heat pump water heater, then save again with a Chelan PUD $300 rebate.
The $400 markdown at the store combined with the PUD’s $300 rebate drops the price by $700, making the final cost around $500. Participating stores are Lowes, Sears, Ferguson and some independent retailers.
Heat pump water heaters can be placed in a variety of heated and unheated locations such as a garage, basement or utility room. But before you buy, review these facts:
- Space – Most units require at least 800 cubic feet of air-flow around them; this is the equivalent of 10′x10′x8′ of space.
- Sound – Heat pump water heaters generate sounds similar to a freezer.
- Cold air – While in operation, heat pump water heaters release cool, dry air.
- Size/height – Heat pump water heaters are slightly taller than standard electric water heaters.