If you’re considering a new water heater in Lacey, WA, now is the perfect time to make the switch to a hybrid water heater. With substantial federal and local rebates available, you can enjoy major savings while lowering your energy costs for years to come.
Why Choose a Hybrid Water Heater?
Hybrid water heaters, also known as heat pump water heaters, offer a highly efficient way to heat water compared to standard electric models. These units work by extracting heat from the surrounding air and transferring it to the water, significantly reducing electricity usage.
Key Benefits:
- Lower Operating Costs: Hybrid water heaters cost approximately $50–$150 per year to operate, compared to $500 for a standard electric water heater.
- Fast Return on Investment (ROI): With an average lifespan of 10–15 years, most homeowners see a full return on investment within 4–5 years.
- Eco-Friendly Choice: Reduce your household’s carbon footprint with a more energy-efficient water heating solution.
Huge Savings with Federal & Local Rebates
One of the biggest reasons to consider upgrading now is the availability of generous rebates that make hybrid water heaters incredibly affordable:
- $2,000 Federal Tax Credit: As part of the Inflation Reduction Act, homeowners can claim a tax credit of up to $2,000 for installing an ENERGY STAR-certified hybrid water heater. Learn more here
- $500 Local Rebate: Puget Sound Energy (PSE) offers a $500 rebate for customers who upgrade to an energy-efficient hybrid water heater. Check eligibility here
What’s the Total Cost After Rebates?
The average installation cost of a hybrid water heater is around $3,500. However, after applying the $2,500 in rebates, your out-of-pocket cost could be as low as $1,000. Given the significant energy savings each year, this upgrade practically pays for itself in just a few years!
Upgrade Your Water Heater Today!
If you’re a homeowner in Lacey, WA, now is the ideal time to invest in a hybrid water heater. You’ll enjoy lower utility bills, a fast return on investment, and the peace of mind that comes with making an environmentally friendly choice.
At Hardie Plumbing, we specialize in hybrid water heater installations and can help you navigate the rebate process to maximize your savings. Contact us today to learn more or to schedule your installation!