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Both heat pump water heaters (also known as hybrid water heaters) and tankless water heaters have made a huge impact on sustainable water heater technology. Both are great options that can reduce energy costs while also having a positive environmental impact.
Learn about differences in mechanics, efficiency, safety, and more in this head-to-head comparison between heat pump water heaters and tankless water heaters.
Compare heat pump water heaters vs tankless water heaters to decide which is right for you. We compare efficiency, performance, safety, lifespan, and cost. Search the Clean Energy Connection to find a qualified water heater installer near you today!
Heat pump water heaters cost between $1,200 and $3,500 on average. This puts these water heater types slightly below the cost of tankless water heaters, but you may be eligible for a 30% tax credit to further lower costs. Potential Tax Incentives.
Heat pump water heaters use electricity to transfer heat from the air or ground to heat water, making them efficient but slower. On-demand water heaters, also called tankless, heat water directly as it flows through the unit, providing hot water instantly but using more energy.
Heat pump water heaters are significantly more efficient than traditional electric water heaters and can save the average household up to $330 a year on electric bills according to the...
Determining Energy Efficiency of Storage, Demand, and Heat Pump Water Heaters. UEF ratings are determined by assigning water heaters into one of four different categories of hot water usage and then evaluating their performance based on that usage. These categories are called bins.