As the world moves toward a cleaner, greener, more energy-efficient future, analysts are predicting a massive boom surrounding one specific appliance's market. 

A study from QY Research predicts that the commercial heat pump water heater market will continue to grow over the next five years worldwide. 

According to a press release published by OpenPR, the market in 2024 was valued at $428 million; by 2031, that market is expected to climb to $539 million, with a compound annual growth rate of 3.4% between 2026 and 2031. 

It's no surprise that commercial heat pumps are booming in popularity; they're more energy-efficient than traditional water heaters and don't produce harmful carbon or methane pollution. 

For businesses, governments, and schools with large buildings that require massive amounts of hot water to keep functioning, that kind of efficiency is incredibly desirable. 

While this report focuses only on the growth in commercial heat pump water heaters, you can achieve the same energy savings at home with a Cala smart heat pump water heater. 

Cala's water heaters are highly customizable, ensuring that you get a system that's just right for your home. 

Their smart systems monitor when you use your hot water the most and when the energy to heat it is the cheapest, maximizing your savings. Cala ensures you always have hot water exactly when you need it. 

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Pairing your new water heater with solar panels is the ultimate energy hack, because they can lower your energy bills to at or near $0. TCD's Solar Explorer can help you save up to $10,000 on your new panels by curating competitive bids. 

Solar Explorer also has $0-down subscription options, such as Palmetto's LightReach, which offers low monthly payments. EnergySage is also a great option to help you start your solar journey, giving you the chance to connect with vetted local installers. 

Adding an upgraded HVAC system to the mix can extend those savings even more. TCD's HVAC Explorer can help you find the system that's right for you. 

Get TCD's free newsletters for easy tips to save more, waste less, and make smarter choices — and earn up to $5,000 toward clean upgrades in TCD's exclusive Rewards Club.

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