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Heat Pump Water Heaters

GE Hybrid — Energy Efficient and Easy on Your Budget

hybrid water heaterAn average family of four with a standard, 50-gallon water tank uses approximately 40 to 60 gallons of heated water per day, which costs approximately $566 per year. A new, GE Hybrid water heater would use less energy, and the same family would spend only $215 per year to heat their water.

Using heat pump technology, in combination with traditional electric elements, these water heaters pull heat from surrounding air and transfer it to the tank. This innovative process creates the same amount of hot water as a traditional water heater, but can reduce energy consumption significantly.

And by purchasing an ENERGY STAR-rated water heater from REC, you may qualify for the federal tax credit of $300 in 2011.

For more information about purchasing your GE Hybrid water heater, please call 540-891-5910 or e-mail mgunnels@myrec.coop. View more details of our Water Heater Replacement program, including a discussion of two additional models.

WATER HEATER REPLACEMENT

HEAT PUMP
WATER HEATER
 GE
HYBRID		 STANDARD
WATER HEATER		 RUUD
PACEMAKER
kWh per year 1856 kWh per year 4881
+Cost per kWh $0.116 +Cost per kWh $0.116
Cost per year $215 Cost per year $566
++Annual Savings $351 Annual Savings $0
Energy Factor 2.35 Energy Factor 0.91
ENERGY STAR Yes ENERGY STAR No
Warranty 10 years Warranty 6 years
2011 Federal Tax
Credit Eligible		 Yes 2011 Federal Tax
Credit Eligible		 No
Unit Price $1,427
Incl. tax		 Unit Price $419
Incl. tax
+++Installation Cost $300 +++Installation Cost $265
Installed Price $1,727
Incl. tax		 Installed Price $684
Incl. tax

+2009 national residential average rates of $0.116/kWh.

++Based on DOE test procedure and comparison of a 50-gallon standard electric tank water heater using 4881kWh per year vs. the GE Hybrid water heater using 1856 kWh per year and 2009 national residential average rates of $0.116/kWh.

+++Installation cost includes delivery, removal and recycling of old unit, $85 additional charge for weekend, holiday, and after-hours installation.

Based on $351 annual savings for a family of 2.6 people, tax incentives and ENERGY STAR rebates, the GE Hybrid Water Heater will typically pay for itself in approximately 4 to 5 years.