If you’re attuned to the issue of sustainability, you may already know that heat pump water heaters are a smart replacement for gas water heaters and a great way to reduce your “carbon footprint.”
Combine it with replacing your gas furnace with a heat pump mini-split system and your gas range with an electric induction cooktop, and you could disconnect your gas meter and go all-electric. Then trade in your gas-powered car for an electric car and put enough solar panels on your home to power it all, and you’re on your way to eliminating the use of fossil fuels altogether — provided you’re willing to live without your gas fireplace!
Heat pumps don’t create heat, they move heat, which is why they are more efficient than gas or resistance heating. Toasters and electric space heaters are examples of resistance heating. Rather than heating water directly, a heat pump water heater moves heat out of the room into the water tank. For synergy, put it in the same room as a freezer, which is doing the opposite — moving heat into the room. Or build a wine cellar around your water heater for free cooling of your wine!
I purchased my Rheem unit for under $1,300 (on sale at Home Depot) and earned a $400 rebate from Xcel Energy plus a $300 federal tax credit.