Heat Pump Water Heater Cost Vs Gas

Why choose a heat pump over a gas furnace.

Heat pump water heater cost vs gas.

If you live in an area where electricity costs less than gas then a heat pump is also the better option. It does not use a fuel to create heat and so is much more efficient that other options including natural gas heaters. To move the heat heat pumps work like a refrigerator in reverse. An electric hot water heater ranges in costs from about 300 to 700 while a gas heater ranges from 400 to 800.

Homeadvisor s complete heat pump or forced air furnace guide defines the differences between electric and gas heat pumps and gas electric propane and oil furnaces. Heat pump water heaters are more energy efficient because they move heat while gas water heaters create heat via combustion. An electric hybrid heat pump has the lowest operating cost of any electric water heater on the market especially when installed in warm climates. Most of the reasons you would choose a heat pump vs.

Heat pump units such as the stiebel eltron 58 gallon accelera 220 water heater available from supplyhouse are pricier than non heat pump models they can run 800 to 2 500 more than a. If you live in the south where winter temperatures may only reach 40 to 60 degrees then a heat pump is the best fit for your home. Lasts about 10 15 years. At lowe s a 50 gallon heat pump water heater goes for around 1 100 while its older conventional cousin the electric water heater can be purchased for closer to 300.

If you want to keep your monthly heating costs as low as possible keep your heat pump water heater in economy mode. Compare costs efficiency installation operating costs and more for electric heat pumps vs gas heating to determine which hvac system is best for your home. Hybrid electric heat pump water heater pros. A water heat pump will only use around 190 worth of energy per year almost half of what a natural gas heater must use.

A heat pump uses a refrigerant to transfer heat from other sources such as the outside air into the home. In general however statistics show that a gas water heat will cost around 30 month for the average home while an electric heater will cost you closer to 42. Hybrid heat pump water heaters cost about 1 200 1 400 at home centers but prices are dropping. And it always takes less energy to move heat than create it.

Can be 2 to 3 times more energy efficient than conventional electric resistance water heaters.