• Home Home

Homeowners rave about ultra-efficient water heater after old tank gives out: 'Essentially heating your water for free'

"You'd be silly to not do it."

"You'd be silly to not do it."

Photo Credit: Depositphotos.com

This home upgrade could save you hundreds each year, and you could get thousands off the price tag — here's how.

A homeowner on the fence about heat pumps asked r/hvacadvice for help after their furnace tank needed to be replaced. 

"Is it worth it to switch over to a heat pump water heater?" the poster said. "I have a System 2000 oil burning furnace with a hot water holding tank. The tank recently sprung a leak and we replaced it."

Heat pumps work by transferring heat rather than creating it. While a traditional water heater uses fuel, like gas or electricity, to store or immediately heat water, a heat pump water heater pulls heat from the surrounding air — like a fridge in reverse. 

Transferring heat is much more energy efficient and will save you a ton of money on your monthly bills. According to Rewiring America, "People can save $80–$230 on their water heating bills by switching to a heat pump water heater."

Heat pump water heaters can cost anywhere from $3,000 to $7,000, per Rewiring America. But current incentive programs, like the Inflation Reduction Act, will provide a 30% tax credit on the water heater's cost, up to $2,000. Some states offer additional rebates and credits, like the Golden State Rebate.

Watch now: How bad is a gas stove for your home's indoor air quality?

How bad is a gas stove for your home's indoor air quality?
0 seconds of 1 minute, 12 secondsVolume 0%
Press shift question mark to access a list of keyboard shortcuts
00:00
01:12
01:12
 

There are many heat pump water heaters on the market, but Cala, a new smart heat pump water heater, makes heating easier, cheaper, and more efficient than ever. Cala can learn your hot water habits and plan ahead so you'll get your weekly warm bath right on time. With smart heat pump technology, Cala helps homeowners save even more money on their energy bills and further reduce their home's carbon impact. 

Many commenters recommended following through with the heat pump purchase.


💡Save thousands with a heat pump


A heat pump can save you thousands of dollars in heating and cooling costs — but first you have to find the right installer at the right price.

Use EnergySage's free tool today to find local options, compare prices, and see how much you can save.

GET QUOTES

EnergySage | Heat Pumps

The Cool Down may receive a commission on signups made through links on this page, but we only promote partners we vet and believe in. For more cool tips like this one, check out our solutions marketplace here.

"A heat pump water heater running in heat pump only mode has something near a 400% efficiency," one user wrote. "With available rebates [you] can recoup your spending within 20 months. They have around a 10 year warranty so [you] are essentially heating your water for free for about 7.5-8 years."

"Check your power company for a rebate and claim a 30% tax deduction. It will be nearly break even and will pay you back for years. You'd be silly to not do it," another Redditor urged.

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.

Join our free newsletter for easy tips to save more and waste less, and don't miss this cool list of easy ways to help yourself while helping the planet.

Cool Divider