ENERGY STAR certified heat pump water heaters (HPWHs) promise huge energy savings. Begin planning now for your next water heater purchase and enjoy all these benefits:
Big savings. ENERGY STAR certified HPWHs can save a household of 3 approximately $370 per year on its electric bills compared to a standard electric water heater. Larger families — that typically use more hot water — will save even more! (See table below.)
A smart investment. While a certified HPWH costs more upfront, the savings will pay back the difference in two years for a household of 3. Replace your aging electric water heater before it fails, and start enjoying the savings right away.
|Annual Savings||$ 120||$ 250||$ 370||$ 490||$ 620||$ 740|
|Lifetime Savings||$ 350||$ 1,650||$ 2,850||$ 4,050||$ 5,350||$ 6,550|
|Assumes: Electricity Rate of 12 cents/kWh; Incremental cost = $850: 10 -year lifespan; no incentives.|
A purchase that protects the environment. If everyone buying an electric water heater this year chose an ENERGY STAR certified HPWH model instead of a standard model, we would avoid 19.6 billion pounds of carbon dioxide emissions. That's the equivalent of taking 1.6 million cars off the road.