Hybrid Water Heater
Personal Testimony
"One of the biggest demands of electricity in a home is heating water. For those of us with electric water heaters, there were not many options in reducing costs, other than using less hot water, until recently. GE is now producing a Hybrid water heater. It uses the same concept as a heat pump for your heating and air conditioning.
Before recommending it to our customers, I wanted to prove that it would indeed save electricity. So I installed one in my own home and have tested it for the last four months. Our energy consumption has dropped from an average of 38 to 26.75 kilowatts/day usage when comparing to the exact same months of last year. That is an average savings of 30%. In addition, there are a potential of $700 in tax credits right now from State and Federal agencies.
Give us a call and we can see if this is a good fit for you."
Kevin Rediger, President
Stutzman Services, Inc
Developed at the request of the Department of Energy, GeoSpring's new Hybrid Water Heater is the most energy efficient water heater built to date. To create the next generation of water heaters, GeoSpring rethought every aspect of the water heater from the ground up. The result? An innovative new product that can reduce water heater operating cost up to 62% and save $320 per year.* That adds up to significant savings, and you don't even have to give up a single drop of hot water.
The GeoSpring Hybrid Water Heater is ENERGY STAR® qualified and exceeds the 2010 ENERGY STAR® standards. What does this mean for you? The Emergency Economic Stabilization Act provides consumers with a 30% tax credit on the purchase and installation price of an ENERGY STAR heat pump water heater. That means a consumer could receive a tax credit on the GeoSpring Hybrid Water Heater of $450 or more depending on income level, retail price and installation cost. More about the federal tax credit at www.energystar.gov
In addition, the economic stimulus package enacted in February of 2009 appropriated $300 million in ENERGY STAR rebates for the purchase of products like heat pump water heaters, and state tax incentives or various utility rebates may also be available in your area. Check with your state department of revenue office for more information.
Green Benefits of the GeoSpring Hybrid Water Heater
Cut water heating energy usage by up to 62%
Did you know that residential electric water heaters consume the most energy in U.S. households behind air heating and cooling systems? In fact, if you combine the energy consumed by your refrigerator, dishwasher, clothes washer and dryer, they use less energy than your standard water heater.
With recent technological advancements and increasing energy prices, water heaters have been pushed to the forefront of emerging high efficiency, energy-conscious products, and GE is leading the way with its new Hybrid Water Heater. GE's new water heating solution offers the same amount of hot water, while using less than half of the energy of standard water heaters.
Vacation Setting - Save Money While You're Away
Why waste energy on hot water when you aren't home to use it? The GeoSpring Hybrid Water Heater has a "Vacation or Away" setting for use when you will be away from home for an extended period of time. With this setting, the water heater drops the temperature set point to 50 degrees Farenheit and uses the most efficient heating mode to save energy while also preventing the water heater from freezing when you are away. So visit Grandma this Thanksgiving and your parents at Christmas and save money and energy!
The GeoSpring Hybrid water heater is ENERGY STAR® qualified
The energy efficient GeoSpring Hybrid water heater exceeds 2010 ENERGY STAR standards with an energy factor rating (EF) of 2.35. The energy factor indicates a water heater's overall energy efficiency based on the amount of hot water produced per unit of fuel consumed over a typical day. The higher the energy factor, the more efficient the water heater will be.
• GE electric heat pump water heater - 2.35 EF
• Standard electric water heater - 0.88 EF
That means a GE electric heat pump water heater:
• Saves approximately $320* per year-that's $3,200 savings in energy costs over a 10-year period
• Uses less than half the energy compared to a conventional 50-gallon tank water heater
• Operates at 550 watts in eHeat™ mode vs. 4,500 watts in standard electric mode
• Exceeds ENERGY STAR requirement of 2.0 Energy Factor (EF) with a rating of 2.35 EF
Reduce your carbon footprint
• Operating a GeoSpring Hybrid water heater instead of a standard 50-gallon electric model could help a U.S. household reduce water heating operating costs by approximately 62%, saving up to $320 annually and $3,200 over a 10-year period based on an electricity cost of 10.65 cents per kWh.
• Operating a GeoSpring Hybrid water heater instead of a standard 50-gallon electric model could help a U.S. household avoid up to 62% of its CO2 emissions from the US grid associated with water heating.
• If 25% of U.S. households purchasing a new electric water heater in a given year were to choose GE's Hybrid water heater over a standard 50-gallon electric water heater more than 4 billion lbs. of CO2 emissions from the U.S. grid could be avoided annually, equivalent to the annual emissions of more than 360,000 cars on U.S. roads.
*Based on DOE test procedure and comparison of a 50-gallon standard electric tank water heater using 4881 kWh per year vs. the GeoSpring Hybrid water heater using 1856 kWh per year.
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