Do water heaters save money?

Do your water heaters save money? Mostly no. It contributes a lot to the high monthly electricity bills. But do you ever wonder what the solution to this problem is?

There is a solution. The solution is a heat pump water heater. It saves up to 75% of the electricity. In this blog, we will discuss how a heat pump is the best solution to the problem.

What is a heat pump?

A heat pump is a water heater. But the way it works is different than any traditional water heater, like a geyser. A heat pump absorbs heat from the surrounding air. The temperature of the heat absorbed is increased by the compressor. The heat is finally transferred to the storage tank.

Water is normally heated to a temperature of 55°C. But you can change the temperature as per your requirements. If you need a higher temperature, it will use the backup coil. If the coil is used, the electricity consumption increases.

A heat pump is regenerative. It keeps absorbing heat. A full tank of water takes around 3-4 hours to heat. If you live in a cold climate, it may take around 5 hours as well. But it will still work, even if there is no sunlight.

If heat pump maintenance is done in regular intervals, it can last up to 15 years. This is more than other water heaters.

Does a heat pump use electricity?

Yes, a heat pump also runs on electricity. The exhaust fan and the compressor require electricity. But the energy consumption is very low. A heat pump needs to be switched on all the time. Even after that, the energy consumption is lower than a geyser running for 2 hours.

Unlike any traditional water heater, which directly uses electricity to heat water, a heat pump uses heat from the surrounding air. It uses electricity only to absorb the heat. But the water is heated from natural sources.

How does a heat pump help to save money?

Many may think that a heat pump is costly, because of its high installation costs. But the fact is that in the long run, a heat pump is actually the cheaper alternative. It is because of the following reasons:

1. Lower running costs: The upfront cost may be high, but a heat pump consumes less electricity. So, the running costs is very low in comparison to any other water heater.
2. Long lasting: A heat pump can last up to 15 years. So in the long run, a heat pump is the cheaper alternative.

Conclusion

If you have this question in your mind – “Do water heaters save money?”, the answer is that a water heater can save your money, only is you choose the right one. Heat pump is one such water heaters, which reduces the power consumption, which leads to lower electricity bills.

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