The benefits of heat pump water heaters are two-fold:
- They are the most energy efficient water heater on the market. Instead of creating heat, they move heat from one place to another. Since they do not rely on burning gas, they do not contribute to using fossil fuels, which can damage the environment.
- They can save quite a bit on money on operating over the course of the year, as well as the lifetime of the equipment. They do cost more than a traditional hot water heater, but that cost can typically be made up in a couple years.
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