Hybrid Heat Pump Water Heaters: The Eco-Friendly Option That Will Save You Money

If you’re looking for a way to save money on your next water heater, you may have considered an eco-friendly water heater. Not only are eco-friendly water heaters such as the hybrid heat pump water heater good for the environment, but they also save you money. Who doesn’t like that winning combination?

 

However, just because a water heater technician is able to install a hybrid heat pump water heater doesn’t necessarily mean that it’s the right eco friendly water heater for you or your tenants. Learn more about hybrid heat pump water heaters below to see if this eco-friendly option is the right solution for your property. 

How Does A Hybrid Heat Pump Water Heater Work?

A hybrid heat pump water heater functions by absorbing heat from the air around it and transferring it to the water it contains. This makes it a much more eco-friendly water heater than others on the market. Instead of using energy (electricity or gas) in order to generate heat, it takes heat (energy) that already exists and repurposes it for heating your hot water.

 

As a result of the way a hybrid heat pump water heater functions and the fact that they’re generally installed indoors, they work in a variety of climates. If you’re considering installing a hybrid heat pump water heater, your first step should be contacting a local, reputable hot water heater company to determine if it’s a good option for your home or property. 

 

What Are The Benefits Of An Eco-Friendly Water Heater?

If you’re looking to reduce your emissions, an eco-friendly water heater can be a great investment. Not only does a hybrid heat pump water heater reduce your energy bills, it also has a lifespan of up to 15 years, which is longer than a conventional electric water heater.

 

Heating water accounts for upwards of 18% of your home’s energy use. If you’re looking to decrease your carbon footprint and save money year-over-year, an eco-friendly water heater might be the answer. 

 

When it comes to cost savings, an eco-friendly water heater such as the hybrid heat pump water heater, can save you thousands of dollars over the lifetime of the unit. For many, investing in an eco-friendly water heater is a no-brainer, especially if you’re budget and environmentally conscious.

 

Cost + Lifespan 

These water heaters may cost more upfront than other models, but they make up for it in $336 average annual energy savings (4 person family). Over its lifespan, a heat pump water heater will pay for itself and then some. 

 

It’s important to check if your state offers any rebate savings. In places like California and Washington, investing in energy efficiency is on the rise. If you’re unsure of where to look, plumbing companies usually have this information handy. 

 

On average a heat pump water heater will cost you around $1,000 plus the cost of installation. As a bonus, the average lifespan is 13-15 years, whereas a conventional electric water heater will peter out between 8-12 years. Keep in mind that this style requires air space around the water heater so they’re best for homes with a heated garage, large closet or crawl space. 

 

Is A Hybrid Heat Pump Water Heater Right For Your Home?

If you currently have a gas water heater, switching to a hybrid model requires retrofitting. Retrofitting involves upfront costs and can be expensive. A hybrid model is unlikely to reduce energy consumption over conventional gas models. 

 

On the other hand, if you’re considering replacing your electric water heater that’s been installed in an indoor environment (like your garage), then you’re a good candidate for a hybrid heat pump water heater.

FWH Hybrid Heat Pump Chart 0822

Choosing A Water Heater Technician 

Anytime you’re getting a repair done on your water heater or having a new one installed, it’s a good idea to work with a professional water heater company. Having an expert on the job site can ensure that all proper safety measures are followed and that your new water heater is set up and functioning properly after installation. It also greatly reduces certain risks to property and the safety of you or your tenants. 

 

Additionally, working with a professional company such as Fast Water Heater can help you access rebates to save even more money on your new water heater. If you’re looking to take advantage of EnergyStar ranked water heaters, working with a licensed, bonded, and insured water heater technician can help streamline the process and save you the most money.

 

Many property managers and property management companies are looking for ways to reduce their environmental impact and save money. Opting for an eco-friendly water heater is a win-win, especially in warmer climates like California. When it comes to reliable eco-friendly models, the hybrid heat pump water heater can be a great option—assuming you live in the right climate for it.

 

When the time comes to upgrade your water heater, make sure to work with a professional water heater technician. Not only will a pro from a company like Fast Water Heater perform your installation properly, they may be able to steer you towards more cost-saving rebates, too. Reach out to Fast Water Heater’s Property Management experts today to learn more about eco-friendly water heaters.

 

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