Slash Your Bills With This Water Heater Cost Estimate
Energy Efficiency and Savings
Investing in an energy-efficient water heater can lead to substantial savings on your utility bills. Energy Star-rated models are designed to use less energy, which can result in lower operating costs over time. For instance, a high-efficiency heat pump water heater can save a household approximately $330 annually on electric bills compared to a standard electric water heater3. Additionally, some states offer rebates and incentives for purchasing energy-efficient appliances, further reducing the financial burden of upgrading your water heater.