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How To Save On Energy Bills in Charlotte With a High-Efficiency Water Heater

Tankless water heater mounted on a wall

With utility costs seeming to be constantly on the rise in Charlotte, NC, many homeowners are looking for ways to make their homes more energy-efficient and cost-effective. One often overlooked but significant contributor to both energy consumption and monthly bills is your water heater. Older, outdated, or inefficient water heaters can be costing you significantly, so upgrading to a high-efficiency unit has a high potential for savings.

The High Cost of Traditional Water Heaters

Traditional water heaters, commonly found in many homes, operate by constantly heating and maintaining a large tank of water. This process can be energy-intensive, leading to higher utility bills. In contrast, high-efficiency water heaters are designed to optimize energy usage, providing significant cost savings over time.

Benefits of Upgrading to a High-Efficiency Water Heater

Lower Energy Consumption

High-efficiency water heaters, such as tankless or condensing models, are designed to heat water on demand, eliminating the need to keep a large tank constantly heated. This results in lower energy consumption and reduced utility bills.

ENERGY STAR Certification & Rebates

Many high-efficiency water heaters carry the ENERGY STAR® certification, signifying that they meet or exceed strict energy efficiency guidelines set by the U.S. Environmental Protection Agency. Choosing an ENERGY STAR-certified model ensures that homeowners are investing in a product that will provide optimal energy savings.

Additionally, Duke Energy, who provides energy for most homes in the Charlotte area, offers rebates when you upgrade to an ENERGY STAR-certified water heater. By installing an energy-efficient heat pump (hybrid) water heater, you can receive a $350 rebate.

Long-Term Savings

While high-efficiency water heaters may have a higher upfront cost, their long-term savings often outweigh the initial investment. According to Duke Energy, you can save $250 each year on your water heating costs with a heat pump water heater as compared to a standard 50-gallon electric water heater.

Reduced Standby Heat Loss

Traditional water heaters often experience standby heat loss, where heat escapes from the tank even when hot water is not being used. High-efficiency models minimize this loss through improved insulation and advanced heating technology, ensuring that energy is used efficiently.

Environmental Impact

Choosing a high-efficiency water heater is not only beneficial for your wallet but also for the environment. By consuming less energy, these appliances help reduce greenhouse gas emissions, contributing to a more sustainable and eco-friendly home.

Upgrade Your Water Heater With Parks

In the Charlotte area, upgrading to a high-efficiency water heater is a smart investment for homeowners looking to trim their energy bills. At Parks Heating Cooling Plumbing & Electrical, we’re ready to help you take advantage of the cost savings by installing a high-efficiency water heater in your home. Our plumbing experts can seamlessly replace your old unit with one that will maximize energy efficiency and savings.

The Parks team has served the Charlotte area since 1973, so you can count on our team to do it right the first time; that’s the Parks way. We also offer free estimates on replacements, and check out our coupons to see how you can save on a water heater installation!

Call Parks today at 704-596-8200 to request a free estimate for a water heater replacement in Charlotte or the surrounding areas.

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