There’s no secret sauce to hot water. Just add heat and you’re ready to shower and wash your dishes. Hot water is hot water. There are however, different tools to get the job done.
Reliable hot water is something we depend on day in and day out. Why not use the best tool to get it done?
What is a heat pump water heater?
Heat pump or hybrid electric water heaters use electricity to move heat rather than generating heat from scratch. It’s the same idea as your refrigerator, which moves hot air out of the fridge. A heat pump water heater moves heat from the air into coils inside the water tank that then heat your water. All that is to say, that they’re supper efficient and use two to three times less energy than a standard electric water heater to make the exact same hot water.
With programmable settings, heat pump water heaters provide you with more control, making sure you always get hot water when your family needs it the most. They also come with a 10-year warranty while many standard water heaters average 6 years.
Making sense of the financials
While the purchase price is higher than a standard electric water heater, incentives help to reduce costs. Energy savings of more than 60% will reduce operating costs for the life of the water heater. Not to mention, that they have longer warranties.
State Tax Credit (Residential Energy Tax Credit – RETC)
The RETC for heat pump water heaters will cover 50% of the cost, up to $600. You will receive the credit when you file your 2017 state taxes.
Note: The RETC program is scheduled to sunset on December 31, 2017. RETC devices must be purchased by December 31, 2017, operational by April 1, 2018, and applications must be received by ODOE no later than June 1, 2018.
For Pacific Power/Energy Trust of Oregon customers
Energy Trust offers a $300 cash incentive when you install a qualifying heat pump water heater. Learn more about their cash incentives on their website. Restrictions do apply: You must currently be heating your water with electricity supplied by Pacific Power.
For Central Electric Coop customers
CEC, offers co-op members a cash incentive of $500 when a heat pump water heater is replacing an existing electric water heater. You can learn more about their program on their website.
How to get your heat pump water heater
- Make sure you have what it takes do it yourself. Before taking the DIY route, we recommend that you check out these installation tips from Hot Water Solutions. This guide will walk you through what you need to know before you begin, the tools you need, and the 10 steps to get the job done right.
- We’ve created an online hub of some of the best heat pump waters that also qualify for incentives. You can purchase them online and have them delivered to your doorstep. Cash incentives from Energy Trust of Oregon are pre-applied to reduce paperwork. You can save $100 by picking yours up at The Environmental Center on Wed, Aug. 30th. Future dates for discount pick ups will be set soon.
- To order for pick up at The Environmental Center, you will need to call and place your order with Neil: 541-385-6908 x12. Payment will be due at the time of your order.
- If you’re a Central Electric Coop customer, you can apply for your additional cash incentive of up to $500. Get the most up to date information on CEC’s website. You can download the application here.
- If you have a state tax liability, apply for the Residential Energy Tax Credit of up to $500. You can download the application here.
- Give one of our partners a call. That’s it! Your contractor will take care of the whole process from site assessment to installation and fill out all incentive paperwork on your behalf. If you are taking this route, your contractor will secure all parts and products. They will not install a unit that you have purchased.
- Sit back and relax in that hot bubble bath and soak in your savings.
Meet our heat pump water heater partners
They’re waiting for your call!
2016 and 2017 ENERGY STAR® Contractor of the Year – GreenSavers is the only contractor in the Pacific Northwest recognized by the US EPA and DOE for professionalism, customer service, and outstanding contributions to energy efficiency. Start with a home energy audit or estimate for insulation, windows, heating and cooling, seismic, or a solar system for your home.