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You probably do not think much about your water heater. But if it quits doing its job for some reason and you lose access to hot water, it will quickly become an issue. At that point, you may to have to replace your water heater. One option to consider is to switch to a heat pump water heater, and there are several good reasons to do so.

Heat Pump Water Heater Illustration

What Is a Heat Pump Water Heater?

Unlike a traditional electric water heater, a heat pump water heater uses electricity to move heat from one spot to another. One way to visualize how a heat pump water heater works is to imagine a reverse working refrigerator. A refrigerator draws heat from inside a box and then dumps it out into the room around it. Conversely, a heat pump water heater draws in heat from the surrounding air, increases the temperature, and deposits it into a tank to heat water.

How Much Does a Heat Pump Water Heater Cost?

If you have shopped for a new water heater, you have probably seen a traditional electric tank unit for somewhere around $300. You may have also seen the higher-priced heat pump water heater units available. You might be wondering why there’s such a price gap. The answer is simple. While the initial cost of a heat pump water heater is significantly higher than a standard water heater, it makes up for it over time.

Heat Pump Water Heaters Are Energy Efficient

In the U.S., traditional water heaters use 18% of the total residential energy use. According to experts, heat pump water heaters consume as much as 63% less energy than their traditional counterparts. What that means is that the average family of four can save around $330 a year on their energy bills. Over the typical lifespan of a water heater, that adds up to savings of more than $3,000. Surprisingly, larger households can actually see even higher savings over the long-run with a heat pump water heater.

Heat Pump Water Heaters Last Longer

The average lifespan of a conventional electric water heater is somewhere between 8 and 12 years. So, every ten years or so, it will have to be replaced. On the other hand, a heat pump water heater can last anywhere between 13 and 15 years. The longer life expectancy, combined with the energy savings make a heat pump water heater a great investment.

Heat Pump Water Heaters Are Versatile

Also referred to as “hybrid” water heaters, a heat pump water heater has multiple settings and modes to help maximize your energy savings. Many models offer a control panel that allows you to switch to a “high-demand” or “hybrid” mode when there is a high demand for hot water. So, if you are showering while laundry is washing and the dishwasher is running, you will still have adequate hot water, it’s recommended that you keep your heat pump water heater set on “hybrid” mode for daily use.

Where Can I Buy a Heat Pump Water Heater?

You could drive around town looking for a new heat pump water heater. But, you’ve got a million other things to do, and you really don’t have the time for all that. The easiest, fastest, and most reliable way to buy a new heat pump water heater is to contact Waterheaters.com. We have a complete selection of the best brands, including Bradford, Bosch, and American heat pump water heaters. We don’t just sell the best heat pump water heaters; we also offer expert installation of residential water heaters, commercial water heaters, tank water heaters, and tankless water heaters.

IMAGE SOURCE: energy.gov/energysaver/water-heating/sizing-new-water-heater