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      • Water heating is the second largest expense in the average American home, In fact, the average household spends 14%-18% of their utility bill on water heating - that equates to approximately $400-$600 each year. So investing in a more energy efficient water heater is an important step for saving energy costs.
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  2. So investing in a more energy efficient water heater is an important step for saving energy costs. While the Energy Saver water heating section , has a lot of great resources for saving money on water heating, there are a lot of choices.

  3. Aug 29, 2023 · It’s true that the initial cost of investing in new HPWH technology (from $1100 before incentives) is higher than what you’d expect to pay for a conventional water heater (from $300). But that additional cost will be more than offset by savings accrued over the lifetime of the appliance—in some cases, within just two to three years.

  4. Jan 27, 2023 · As the result of recently updated efficiency standards, water heaters less than 55 gallons now have a 4 percent boost in efficiency and water heaters 55 gallons or more have efficiency gains of...

  5. Apr 15, 2024 · April 15, 2024 10:09 a.m. PT. 8 min read. Should your next water heater be a heat pump water heater like this one? Douglas Cliff/Getty Images. You might not think much about your...

    • Teasing Out The Costs
    • How to Choose The Right Model
    • Evolving Technology: The Space Heater That Also Does Air-Conditioning

    Updating your water heater is easy and highly cost-effective in the long run. Of the several types of HPWHs now available from respected brands like A.O. Smith, Bradford White, and Rheem, the models marketed as hybrids are the most popular. In addition to compressors that warm water by trapping heat from the environment, they’re equipped with auxil...

    Unless you’re a skilled plumber (and possess the permit required by many municipalities), you’ll probably need to rely on a licensed contractor to buy and install a new heater. Plan to speak to several plumbers in your area to identify those who have experience with HPWHs. Since they currently account for just 1 percentof the water heating market, ...

    In addition to heating water, heat pump technology can also be used to heat and cool air as an energy-efficient alternative to standard air conditioners (ACs) and furnaces. Just like HPWHs, heat pump space heaterssimply move heat from a cool space to a warm space instead of burning fuel to generate heat, thereby reducing emissions and lowering your...

  6. Consumer Guide to Home Water Effciency. Showerheads manufactured before 1995 use 50% more water than new models. Why Water Efciency? Improving water effciency in the home can decrease your water usage and save you money. Water heating can account for nearly a quarter of the energy consumed in your home.

  7. The type of water heater you choose will also affect your water heating costs. One type of water heater may use a fuel type more efficiently than another type of water heater. For example, an electric heat pump water heater typically is more energy efficient than an electric conventional storage water heater.

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