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GE GeoSpring™ Hybrid Water Heater Cost Information
| Cost | $1,450 |
| Installation | $200 |
| Total | $1,650 |
| 30% Federal Tax Credit | -$495 |
| Net Cost | $1,155 |
Important Notice: Before making a purchase pursuant to the tax credit. GE recommends that the consumer have a tax professional review the consumer's current tax situation and subsequent eligibility for the tax credit as certain income limits and restrictions may apply. NOTE: Arkansas Energy Office Rebate funds were depleted August 2010.
| Annual Energy Savings* | $320 |
Estimated Payback Time – 3 Years
*Based on DOE test procedure and comparison of a 50-gallon standard electric tank water heater using 4881 kWh per year vs. the GE GeoSpring™ Hybrid Water Heater using 1856 kWh per year.
Now available through your local electric cooperative or by calling 1-800-451-8061 between 8:00 a.m. and 5:00 p.m. Central Time. Additional information and an installation video are available on General Electric’s web site listed below:
http://www.geappliances.com/products/water/heat-pump-water-heater/
Federal tax credit information
www.energystar.gov
