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Manufacturer announces advanced and efficient replacement for traditional home water heaters — with major cost savings

"Our new Heat Pump Water Heater exemplifies this by offering homeowners a reliable solution."

"Our new Heat Pump Water Heater exemplifies this by offering homeowners a reliable solution."

Photo Credit: iStock

Heat pumps are the most energy- and cost-efficient way to heat and cool your home — and the technology around them just keeps getting better and better. Chinese appliance company Midea recently announced the launch of a new highly efficient heat pump water heater that will soon be available in North America, PR Newswire reported.

Midea's new heat pump water heater can produce up to four kilowatts of heat for every kilowatt of power input, the company said. A traditional electric water heater produces up to one kilowatt of heat for every kilowatt of power input.

Heat pump water heaters use electricity to transfer heat from the surrounding air to water inside a storage tank. Because they work by transferring heat around instead of generating new heat, they are much more efficient than traditional heating methods.

Which of these factors would most effectively motivate you to buy a heat pump?

Lower energy bills 💰

Better temperature control 🌡️

Helping the planet 🌎

I'd never buy a heat pump 🚫

Click your choice to see results and speak your mind.

And, because they use electricity instead of gas or oil, they are able to do the job without producing pollution that lowers the air quality in your home and contributes to the overheating of our planet.

For these reasons, experts and climate-conscious consumers have been turning to heat pumps in recent years.

The government has also gotten in on the fun, offering rebates to people who purchase them (along with other planet-friendly appliances) through the Inflation Reduction Act. These incentives might not be around forever, though, with Donald Trump returning to the Oval Office, but it is not clear exactly how that will play out.

"At Midea, we're driven by our commitment to efficiency and technological advancement," David Leezer, engineering manager at Midea, said. "Our new Heat Pump Water Heater exemplifies this by offering homeowners a reliable solution with features like leak prevention, frost protection and automatic shut-off.

"With smart modes, including Economy, Hybrid and E-Heater, the HPWH not only reduces energy consumption but also provides unmatched convenience and control for customers' daily lives."

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