Explore water heating rebates.
Reliable water heating is vital and your system’s efficiency will decrease with age.
Keep your energy bill out of hot water with a water heater upgrade.
Water heating makes up nearly 20% of your bill.
| Upgrade | Project | Rebate |
|---|---|---|
Heat pump water heater | For replacement of existing unit(s) | $800 |
Get your home energy rebate in 3 easy steps.
1. Find a contractor.
2. Complete upgrade.
3. Claim your rebate.
*All TVA EnergyRight rebate-eligible upgrades must be completed by a member of the Quality Contractor Network.
Heat pump water heater FAQs
How is a heat pump water heater different from a conventional electric water heater?
A heat pump water heater uses electricity to pump heat from the surrounding air into the water in the heater. A conventional water heater (aka a storage water heater) creates heat to warm the water and then moves it to your desired location, similar to how a central air system works for heating and cooling a home.
Why is a heat pump water heater more energy efficient than a conventional electric water heater?
While conventional water heaters have come a long way in energy efficiency, a heat pump water heater is still the more energy efficient choice. A heat pump water heater moves heats while a conventional electric water heater has to create heat. And moving heat requires a lot less energy than creating it.
10-15 years
Average lifespan of a storage water heater.
$400-$600
Average household spending on water heating annually.
50%
Potential annual savings by switching to an ENERGY STAR® heat pump water heater.
Ready to take your home energy efficiency to the next level?
Boost your energy savings even more with these heating and cooling rebates.
Air sealing
HVAC system
Insulation
Could your water heater use some attention?
Check out these additional TVA EnergyRight services and find out.
Quality Contractor Network
Get access to hundreds of licensed and insured contractors trained to meet TVA's quality guidelines.
DIY Home Energy Assessment
Explore the ins and outs of your home's energy use at your own pace, at the time that's best for you.