Did you know water heating from a standard water heater can account for 14%–25% of the energy consumed in your home?

What is a Heat Pump Water Heater?

Smart technology that saves the consumer money and comes with a rebate!

How Do Heat Pump Water Heaters Work?

Heat Pump Water Heaters use heat pump technology to provide a more efficient way to heat water with electricity. They absorb environmental heat and transfer it to the water while cooling and dehumidifying the ambient air. The result, a very efficient production of hot water, with cooler and dehumidified air as a welcome by-product. Brochure with more detailed information.

Where Do I Install a Heat Pump Water Heater?

The best places to put heat pump water heaters are warm installation areas like the attic, garage, or basement. The temperature where you live should stay above 40 degrees. Heat pumps cool the area where they are located, so any type of air-source heat pump works more efficiently in a warm location. A heat pump water heater needs 1,000 cubic feet of air space around it (approximately a 10x10x10 ft. room).

How Much Can I Save with a Heat Pump Water Heater? How long will it take to recoup my costs of buying a heat pump water heater?

Hybrid Heat Pump Water Heaters are twice as efficient as standard electric water heaters.

In Florida, the 1.5 year payback if federal tax credit is combined with a local utility rebate. Based on heat pump water heater vs. standard electric water heater and difference in D.O.E. measured annual cost.

2.5 year payback if only federal tax credit is applied. Also based on heat pump water heater vs. standard electric water heater and difference in D.O.E. measured annual cost.

In Florida, the average customer pays 12.43 cents per kwh which equals a savings of $320.36 per year after installing a heat pump water heater. This price is from Rheems computations. From Voltex, their savings calculate at over $400 a year for the same 12.43 kwh. The Premier Hybrid heat pump water heater calculates their savings for 12.43 kwh at $353.05 Talk to us to find out which hybrid heat pump water heater is best for you.

Federal tax rebate information:

To qualify for a $300 federal tax rebate, the heat pump water heater must be ENERGY STAR® qualified with an Energy Factor = 2.0.

The federal tax rebate expires on December 31, 2013. It must be an existing home and your principal residence. New construction and rentals do not qualify.

What you need to know about Federal tax credit: http://www.energystar.gov/index.cfm?c=tax_credits.tx_index This also has a link to answer your questions which forms and receipts you need and about how to apply for the federal tax credit. http://energystar.supportportal.com/ics/support/kbanswer.asp?deptID=23018;task=knowledgequestionID=16629

Other information:

Some have four operation modes: high efficiency, hybrid, electric and vacation.

List of qualified heat pump water heaters.

TECO offers some rebates for commercial and new construction heat pump water heaters. Here are the links:

We want to help save you money. Contact us for more information about heat pump water heaters.