Had to check the breaker box again, and the on demand electric water heater is only using 4 spots, 60 amps each. So if i went with the hybrid I would open up 2 spots on the breaker box. I have the Steibel Eltron Tempra Plus 24. It has been really good and it has saved us money compared to the old electric tank heater the house came with. But the hybrid technology makes it tempting to switch, especially if I get the rebate and manage to save money, then it should pay for itself.How so? They still get wired up to 240...so 2 legs of 120v...if you are running in hybrid mode (or electric only) they still use big power if/when the electric elements kick on...I used the same wiring as I had for my previous 50 gall electric heater.
I have mine set to "heat pump only" mode, so the electric elements don't kick on. We have only ran low on hot water once that I know of...but it would have been fine if I would have taken my shower last instead of my wife...I like warm showers, she likes HOT.
I think it's also about managing peak load for those few times of the year when the capacity reaches its limit. And Long Island suffers from high energy costs, so it's probably cheaper to conserve than to build/buy more supply.Surprised to see rebates for switching from electric to electric, my COop would only do rebates for Gas/Oil to Electric.
The on-demand or instant home water heaters really only save your "storage heat losses" from a full tank sitting hot in a cold space.My house is all electric. It's a small ranch, and still the average monthly electric bill is about $150. My goal is to get it close to $100.
I have solar so I don't pay for electricity but I connected an electricity monitor to my HPHW tank. For my wife and I it was averaging around 1-2 kwh a day. Even if I we had to pay for the electricity with the 3rd highest electricity costs in CT it was less than $10 a month. The savings are insane.Looks like I forgot to post the October bill...it was down 9 kWh per day, or 254 kWh for the month...or almost $30 saved!
I just got my November bill too...lowest bill I've had in years!
Went from 657 kWh last year, to 475 for the month this year...total bill is sub $60