GE’s GeoSpring hybrid water heater is designed for weatherization programs, offering easy replacement of a standard electric water heater and a Savings to Investment ratio (SIR) of between 2.0 and 2.8 for the 10-year warranty period.
According to the Department of Energy (DOE), the water heater is the second largest energy-consuming appliance in the home behind the HVAC system. Since the water heater consumes approximately 14% of the energy used by the average household, and since the GeoSpring Hybrid Water Heater can reduce this energy consumption by 62%, that means that the GE water heater could reduce total household energy consumption by 8 to 9%.
Many affordable housing, community action and weatherization agencies have already taken advantage of the tremendous energy savings offered by this product and have incorporated it into their programs.
Jeff Waller, programme manager for Community Housing Partners, Virginia, said: “We were initially impressed with the energy savings opportunity offered by GE's new GeoSpring Hybrid Water Heater and its ability to help us meet our program goals of providing affordable, green, sustainable housing opportunities for our communities. But I'd have to say that we've been most impressed with the support we've gotten directly from GE. Heat pump water heaters are relatively new to the industry, and GE has a terrific technical support group that has answered all of our questions and helped us get very comfortable with this new innovative technology very quickly.”
