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My neighbor insisted I get a heat pump water heater instead of a new gas one...

He said the $800 rebate from the city and lower electric bill would make up for the higher price in two years, and he was right. Has anyone else made a switch like that and been surprised by the savings?
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3 Comments
emery356
emery3561mo ago
My buddy did the same thing and his electric bill dropped way more than he expected. The rebate really does make it a no-brainer.
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blake_cooper
Tell me more about that rebate. Was it a state thing or through his power company? I'm trying to figure out if my area has something similar because my bill is killing me this summer. How much did his bill actually go down, like a rough percentage?
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hugobarnes
hugobarnes1mo ago
Two years to break even on a heat pump sounds wildly optimistic to me.
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