Hybrid water heaters offer homeowners an option that is more than twice as efficient as standard electric units. Consumers who switch to a hybrid electric water heater with heat pump technology will save $286 annually on their electric utility bills, compared to those who have a standard 50-gallon electric model (with a 0.90 energy factor), according to U.S. Department of Energy estimates.
How do hybrid water heaters work? These tanks are set up with a heat pump as well as electric technology. The units have three settings: heat pump only, electric only or hybrid mode which uses both. Depending on the demand put on the system, the homeowner can select the most energy efficient means to heat water.
With more people staying in their homes for longer, upgrades such as installing a new water heater are proving to be beneficial today and many years in the future. Visit www.rheem.com to learn more about what water heating option is right for you. Remember to check with your local utility company to see if any rebates are available for water heater upgrades, which can help with the purchase and installation cost.