What is a “Heat Pump” or “Hybrid” Water Heater and How Does It Work?
A “hybrid” heat pump water heater works like a refrigerator, but in reverse. It uses reliable technology to move heat from the air surrounding the water heater and transfers it to the tank to make hot water for your home. It replaces your existing water heater.
An Energy Star certified water heater, such as the Bradford White models Burns & McBride installs, uses up to 70% less electricity to heat the same amount of hot water as a standard electric model.
Benefits of Heat Pump Water Heaters
- Super Energy Efficient: Heat pump water heaters heat the same amount of hot water using 70% less electricity. Uses 1/3 the electric and at 1/3 the cost of conventional electric water heaters
- Health and Safety: Heat pump water heaters are safe and reliable. They are quick and easy to install because they do not require extra venting to remove exhaust gases
- Reliability: Heat pumps have been around for decades and are a proven, reliable technology. The Bradford White units we install come with a 10-year warranty which includes the replacement of the entire unit should either the tank or heat pump fail
- Eco-Friendly: Since heat pump water heaters use less electricity, they conserve resources and help to reduce greenhouse gas emissions
- Smart Investment: Although heat pump water heaters typically cost more upfront, they quickly pay for themselves with energy savings, tax credits and rebates.
Rebates and Tax Credits
The cost of a heat pump water heater can be offset with rebates from Energize Delaware of $1,100 plus a federal tax credit of up to $2,000
Rebates: Energize Delaware will pay a rebate of $1,100, directly to the homeowner, toward the purchase of a qualifying heat pump water heater
Federal Tax Credit: Homeowners can receive a federal tax credit for purchasing an electric heat pump water heater. The amount of the credit is 30% of the cost of the job up to a maximum of $2,000. It must be an existing home which is your principal residence. Remember a tax credit comes off of your federal tax bill. It is not the same as a rebate.