Did you know? Water heaters are the second highest source of energy usage in the home. A new ENERGY STAR certified heat pump water heater can save a home approximately $330 per year on electric bills, and up to $3,500 in energy costs over its lifetime*.
Your investment will pay off in two years for a household of 4. Replace your aging electric water heater before it fails, and start enjoying the savings right away.
|Household Size||Annual kwh Savings||Annual $ Savings||Payback (Years)||Lifetime Savings|
|2||1,350||$ 160||4.9||$ 1,320|
|3||2,020||$ 240||3.3||$ 2,380|
|4||2,690||$ 330||2.5||$ 3,440|
|5||3,370||$ 410||2.0||$ 4,490|
|6||4,040||$ 490||1.6||$ 5,550|
Assumes: 12 cents/kWh; Incremental Cost = $800; 13 - year lifespan