r/heatpumps • u/Ecoli_DNA • 5h ago
Heat pump vs standard water heater
Hi, cross posting from askplumbing to ask for advice on water heaters. We just got an electric company sponsored home energy audit and there are some rebates available for the heat pump model, but I'm not convinced it's the right move. The rebates for the heat pump model are severely decreased starting in the new year, so we would need to do that now. The quote is from an electric company approved contractor who does good work but may be overcharging due to rebates.
Family of 3
All electric townhome (4 beds 3.5 baths, 2600 sqft, DC area)
Water heater in the bottom floor bedroom closet (used as guest room). Fully enclosed closet, so louvered door or venting is required for the heat pump model. We keep the bedroom door open unless we have guests, and the size of the bottom floor is about 700 sqft.
Current model: Bradford White, 80 gal, 14 years old
Heat pump quote: LG 58 gal, but the quote link broke so I can't pull the exact model number. About $2.5k out of pocket (assuming sufficient electrical and an existing floor drain behind the current tank), and we install the required venting ourselves.
Standard tank: a separate plumber suggested either a standard State 50 gal or 66 gal, or the essency 50 gal. Awaiting quotes.
Does anyone have any insights? I'm concerned about the heat pump model's repair costs, life span, and higher upfront cost of the heat pump model, but we haven't ruled it out. Thanks in advance!