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Heat Pump Water Heaters Tax Credit

Writer's picture: Eli HarrellEli Harrell

Need a new water heater? Heat pump water heaters are not only more efficient but most have a 10 year warranty as opposed to 5-year on conventional gas and electric water heaters.

  • The average cost to run an electric water heater is between $400-$1000 a year

  • The average for a heat pump water heater is $225

  • The inflation reduction act will give you 30% of project cost (up to $2000)



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