According to the US Energy Information Administration, heating the water in your home typically accounts for about 17% of your total utility bill in our climate. Switching to a hybrid electric water heater can cut that usage by use to 50%.

Using a heat pump water heater is one of the best opportunities to reduce energy bills

The Lowdown

You may have noticed a theme: CORE is a big fan of heat pumps, a technology born of refrigeration science. They can have a powerful impact on energy and carbon emissions. Hybrid electric water heaters use a heat pump to gain dramatic increases in energy efficiency. Rather than create hot water from electricity or gas, these units collect heat from the surrounding air and transfer it into a storage tank for later use. As long as the air has a useful amount of heat in it, these units are extremely efficient: up to four times more efficient than a traditional electric water heater.

Get an Energy Assessment. During the assessment, a certified Building Analyst will note your existing water heater’s type and age, and propose any improvements that can be made.

Marty Treadway programs the smart controls on his water heater using a smart phone. 


CORE Residential Rebates

CORE Commercial Rebates

Heat Pump Water Heater

CORE Rebate: 25% of project cost up to $500

  • Energy Assessment required
  • Heat pump water heaters must be ENERGY STAR® certified
  • An indirect water heater (or referred to as a “sidearm” water heater) must connect to an existing boiler with an Annual Fuel Utilization Efficiency (AFUE ) of 92% or higher or a solar thermal water heating system
  • Gas water heater rebates are no longer available

Utility rebates may be available from:
Aspen Electric | Holy Cross Energy | Glenwood Springs Electric | Black Hills Energy | Xcel Energy