The tech costs more than conventional options upfront, but federal tax credits, new 120V models and strong savings have made them more appealing than ever.
Heat pumps are nearly as cheap in Ohio as NG and save you money over the life of your house. Despite being run by MAGA, Ohio has some pretty sweet green energy subsidies and tax write-offs.
I’m in the market for a water heater in Ohio. The cheapest heat pump water heater I could find is more than twice the price of a typical NG heater. Where are you finding them for anything remotely close to the same price?
One important thing to note: heat pump water heaters take heat from the house and put it into the water. In an Ohio winter, that might not be desirable: you’re paying for the heat from the furnace, then paying for the same heat again into the tank.
There’s a federal tax credit worth 2k for HPWH. I’m not aware of any Ohio specific subsidies, although there are programs coming through the IRA that are run through the states and will offer more incentives.
The tax credit is 30% of the total project price, up to $2k. If the HPWH is over double the cost of NG, you’re still paying quite a bit more even with the tax credit.
Wow that’s wild, man, maybe it’s because I had to do a whole rip job on my heater? I sunk $20k into my heating and cooling system this year. Was a fuckin nightmare. Maybe if you’re going whole cloth the savings show up more?
You’re talking about HVAC while everyone else is talking about water heaters. I think it’s pretty well demonstrated that heat pumps for HVAC are the way to go but not for heating water.
Heat pumps are nearly as cheap in Ohio as NG and save you money over the life of your house. Despite being run by MAGA, Ohio has some pretty sweet green energy subsidies and tax write-offs.
Great substitute for geothermal.
I’m in the market for a water heater in Ohio. The cheapest heat pump water heater I could find is more than twice the price of a typical NG heater. Where are you finding them for anything remotely close to the same price?
One important thing to note: heat pump water heaters take heat from the house and put it into the water. In an Ohio winter, that might not be desirable: you’re paying for the heat from the furnace, then paying for the same heat again into the tank.
There’s a federal tax credit worth 2k for HPWH. I’m not aware of any Ohio specific subsidies, although there are programs coming through the IRA that are run through the states and will offer more incentives.
Up to* $2k. Just for the sake of clarity.
The tax credit is 30% of the total project price, up to $2k. If the HPWH is over double the cost of NG, you’re still paying quite a bit more even with the tax credit.
Wow that’s wild, man, maybe it’s because I had to do a whole rip job on my heater? I sunk $20k into my heating and cooling system this year. Was a fuckin nightmare. Maybe if you’re going whole cloth the savings show up more?
You’re talking about HVAC while everyone else is talking about water heaters. I think it’s pretty well demonstrated that heat pumps for HVAC are the way to go but not for heating water.
That makes sense.