• Tech Tech

Homeowner reveals which next-gen appliance will save their family nearly $400 every year: 'Break-even [was] immediate'

"Tax credit covered the upgrade cost."

One Redditor shared how much they'd saved by installing a heat pump water heater at home.

Photo Credit: iStock

As energy bills continue to climb across most of the country, many homeowners are looking for any opportunity to save a few extra bucks. Luckily, there are many ways that you can upgrade your home to make it as energy efficient as possible.  

For one Redditor, that meant installing a heat pump water heater at home to replace a gas tank water heater that was installed back in 2003. They took to r/heatpumps to share a savings breakdown and discuss the upside of the investment. 

"Six weeks in, we couldn't be happier with this decision," the original poster wrote

Heat pump water heaters can be a great way to take a large chunk out of your monthly energy bill. Instead of burning fuel or using heating elements that demand a lot of energy, heat pump water heaters pull warmth from the surrounding air to heat your water. 

Because this process is more efficient than traditional water heaters, it uses less energy and can lower your overall energy consumption. Heat pump water heater manufacturer Cala gives homeowners options to help keep their family comfortable while enjoying some well-deserved savings. 

Based on the household's energy consumption, the Redditor felt like the move made perfect sense in the short and long term. After crunching the numbers, the Redditor figured out that they were saving just under $400 a year. And thanks to some alluring incentives from the government, they weren't on the hook for the installation costs.  

"Break-even: immediate. Tax credit covered the upgrade cost," noted the Redditor. "15-year lifetime savings over gas replacement: $5,760." 

By upgrading to a heat pump water heater, such as a model from Cala, you can help cut your monthly bills while improving your home's energy efficiency. Cala's predictive technology can even optimize your home's energy use, helping you get the most out of your water heater when you need it the most. 

FROM OUR PARTNER

Stay warm all winter long with the Apple of intelligent space heaters

Kelvin is the Apple of space heaters, designed for energy efficiency and maximum comfort. It's completely silent and intelligently controlled, with setup taking just 5 minutes.

Built from premium materials like aluminum and glass, Kelvin works beautifully as a full-home heating system or as the perfect solution for that one room that never feels warm enough.

What's the most you'd pay per month to put solar panels on your roof if there was no down payment?

$200 or more 💰

$100 💸

$30 💵

I'd only do it if someone else paid for it 😎

Click your choice to see results and speak your mind.

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.

Cool Divider