cross-posted from: https://lemmy.world/post/34021020
I recently installed an Emporia Vue with monitoring for the individual circuit my water heater is on. It captured the very significant difference in energy usage from replacing resistive heat with heat pump.
My utility company chipped in $1,600, so it ended up being the cheapest option anyway. The federal tax credit is 30% of the project cost up to $2,000, and it is still good if you install before the end of the year.
This 65gal Rheem heat pump water heater goes for $2,150 plus shipping and install.
This 55gal Rheem resistance water heater goes for $820 plus about equivalent shipping and install as a heat pump water heater