How it works
Heat pump water heaters absorb naturally occurring heat in the surrounding air and transfer the captured heat to the water. Using this heat pump technology allows the water heater to use electricity only during times of high demand when needed to supplement the naturally occurring heat in the air. Through this water heating process, the heat pump water heater also removes moisture in the air helping your basement stay nice and dry. This results in lower electricity use, and energy cost savings.
Save energy, cut costs
Heat pump water heaters are much more efficient, using less than half the electricity of standard water heaters. By operating around 550 watts in heat pump mode, this is much less than a standard water heater which uses 4500 watts. This allows you to save every month on your energy bill, and reduce your carbon emissions as well.
- $377 Estimated Yearly Savings for a Family of 4
- $600 Efficiency Vermont Rebate
General Product Information
Information may vary by brand, home weatherization and size of unit.
Annual Operating Cost
$270 (for family of 2)
Daily Operating Cost
Weight 180 lbs
50 Gallon, 80 Gallon
First Hour Rating
Heat Pump Operating Range
35°F - 120°F
Approximate Yearly Energy Usage
Energy Star Rated
Various Operating Modes
EcoNet Wi-Fi technology
Frequently Asked Questions
A hybrid water heater combines energy-saving heat pump technology with traditional electric heating capability to heat your water most efficiently.
A heat pump water heater serves the same function as a traditional water heater, but at a much lower cost due to its high efficiency. This efficiency is achieved by taking heat from the surrounding air and transferring it to water in an enclosed tank. That process creates an added benefit for homeowners, particularly in the summer: it acts as a dehumidifier by pulling moisture out of the air.
GMP's heat pump water heater leasing program requires no upfront costs. Currently, heat pump water heater customers are able to take advantage of the Efficiency Vermont rebate applying $400 to lease payments. Then, customers pay a flat fee of $30.21 for a 50 gallon tank on their monthly bill for the remainder of the 15 year lease term, which covers the cost of the water heater as well as installation and maintenance of the unit. The units are warrantied for the life of the lease.
Qualified local contractors complete the installation of your heat pump water heater. Installation can be super easy using your existing electric and water connections.
You must have a spot to place the water heater, electrical and water connections and a drain. The drain is handy especially for customers with humid basements that currently use dehumidifiers in warm months which saves even more money because the heat pump will take the humidity out of the air.
GMP lease pricing includes $600 Efficiency Vermont rebate offered in two ways, customer choice! Either monthly reduction over the life of the lease, or all up front and then regular monthly payments for the life of the lease.