Heat Pump Water Heater Savings
For Vermont homeowners with electric rates around $0.22–$0.26 per kWh – which is typical in Chittenden
County – a heat pump water heater saves $300–$600 per year compared to standard electric resistance. The
system pays back in three to five years before incentives, and often in two to three years after Efficiency
Vermont rebates and the federal tax credit.