SEATTLE — Puget Sound Energy (PSE) is offering more than one million customers rebates towards the purchase of Energy Star®-rated hybrid electric heat pump water heaters. PSE has doubled its rebate from $250 to now $500 on qualified units, such as the GE GeoSpring™ hybrid electric water heater. With the PSE rebate, tax incentives, and manufacturer discounts such as GE’s current offer, GE pointed out that homeowners can be reimbursed for most of the cost of a new water heater purchase.
“At two times the efficiency of a conventional storage water heater, heat pump water heaters are the most efficient electric water heaters on the market and could be the best strategy for saving money and energy,” said Dennis Rominger, energy efficiency services program manager for PSE’s heat pump water heater rebate program.