Heat Pump Water Heaters: The Cool Way To Get
Hot Water

Did you know water heaters are the second highest source of energy use in your home? Here’s another fact: You can save up to 50% on water heating energy costs — up to $3,500 over the lifetime of your equipment — by upgrading to an ENERGY STAR® certified heat pump water heater. And we can help you save even more with a residential rebate.

Make the switch. Save a lot.

Just how much could you save with a heat pump water heater? That depends on how you’re heating water now. Check the chart below—and remember that you can save even more upfront with a Power Moves rebate.

Fuel Type Annual Energy Costs* 10-Year Energy Costs
Propane Tank $478 $4,780
Propane Tankless $318 $3,180
Natural Gas Tank $136 $1,360
Electric Heat Pump Water Heater $94 $940
*Based on Propane $1.60/gallon; Natural gas $.50/therm; Electricity $.10/kWh.

While you’re at it,
help save the planet

Bonus! You can reduce your CO2 emissions between 0.5 and 2.8 metric tons a year by switching to a heat pump water heater. That’s like planting between three and 17 new trees every year, which is great news for the environment.

And—double bonus!—a heat pump water heater also acts as a dehumidifier. In fact, you may not need a separate dehumidifier at all to keep your basement (or the area around your water heater) cooler and drier.

3 Easy Steps to get started


Make a plan for installation.

Selecting the location for your heat pump water heater is a little more complicated than your traditional water heater. Fortunately, ENERGY STAR created an easy survey to make sure you’re ready to install. Answer four simple questions to stay ahead of installation considerations.


Find Certified
Products & Installers

Check out ENERGY STAR’s product finder and purchase a recommended heat pump water heater from their list. Then they can connect you to an installer. Members of Carroll White REMC, LaGrange County REMC, Noble REMC, or Steuben County REMC can purchase their heat pump water heater directly from their co-op.


Submit your power moves residential rebate application.

Save money up front on the installation of your new equipment.

Too much reading?
Check out this 2-minute explainer video: