Cost savings
- Operating costs can be up to 50% lower than the operating costs of an electric, oil, or propane water heater.
- This means a heat pump water heater can reduce annual water heating costs $200-$400 per year or more, depending on how much hot water you use.
- Heat pump water heaters are robust, and can last much longer than conventional water heaters, with standard warranties for many heat pump water heaters lasting 10 years or more.
Flexibility & function
- Many heat pump water heaters have Wi-Fi control, automated leak detection, and other integration features that enable you to remotely control and monitor your water heater.
- Heat pump water heaters provide dehumidification in the spaces in which they are installed (though they typically do not entirely replace dehumidifiers).
- Heat pump water heaters can be installed in most places that any other hot water tank could be installed, although they may require a few extra inches of clearance and adequate space for air circulation.
Lower greenhouse gas emissions
- Using a heat pump water heater results in lower greenhouse gas emissions than using a traditional electric resistance or fossil fuel water heater. Plus, with today’s electric grid getting greener over time, emissions will decrease as time goes on.
- Heat pump water heaters offer the potential for zero greenhouse gas impacts when paired with solar PV or 100% renewable electricity.
