We’ve dropped the prices by $500 at some Tacoma stores.
Most people don’t think about their water heater until it stops working, leaving no time to consider the best replacement option. Don’t wait until you have overnight guests, kids who have played outside all day, one more sleep until vacation, or a work meeting in 30 minutes to find yourself without hot water. Those scenarios, where you need hot water immediately, and other unplanned water heater replacements often come with high stress, expensive costs, and few options.
Numbers don’t lie
Standard water heaters use more energy than your refrigerator, dishwasher, clothes washer, and dryer combined. Replacing your electric water heater with a better model – one that uses heat pump technology to heat – can save you a lot of money: About $3,500 in electric savings over the life of the water heater.
Called a Heat Pump Water Heater, these more efficient models use 60% less energy than the electric versions. Many also offer a 10-year warranty, so you can rest easy with a steady supply of affordable, hot water for years to come.
If your water heater is more than 10 years old, now is the time to replace it. Don’t wait until you find yourself in a bind with no hot water, and you have to buy in a hurry.
How to get $500 now
Special offer: We’ve dropped the price of heat pump water heaters by $500 at these Tacoma stores:
- Lowes: 2701 S Orchard Street – currently unavailable
- Home Depot: 7050 Tacoma Mall Blvd.
- Home Depot: 4602 Center Street
- Home Depot: 101 East 152nd Street
If you buy a heat pump water heater at one of those stores, you’ll save $500 right at the register. There’s no need to submit an application, receipt, or proof that the product you bought is eligible.
If you buy a heat pump water heater at a non-participating store, you’re still eligible for a $500 rebate, but you’ll need to follow our standard process and meet specific requirements, which you can find here.
- If a heat pump water heater is right for your home
- How to do a DIY install
- How to find a contractor
- Get rebates for multi-family homes up to four units
Other home upgrades you can make with Tacoma Power offers
To help you make energy efficient home upgrades, we offer rebates or a 7-year zero-interest loan with small monthly payments and no credit check on these products:
- Heat pumps
- Duct sealing
- Ductless heat pumps
- Insulation upgrades
- LED lighting
- Smart irrigation
- Window replacement
If the cost of these energy-saving home upgrades feels out of reach for you, we might be able to help in another way. If you own your home and your monthly household income is under these maximums, you could qualify for a deferred loan. In that case, we’ll buy! Just pay us back when you sell your home. Find out how it works here.