When you switch from a natural gas water heater to an electric water heater, we will give you $100. We’ll even finance the rest of your purchase and installation costs with payments on your monthly utility bill.
Freedom Water Heaters
With three inches of foam insulation, the Freedom Water Heater has the padding it needs to keep the heat in its water from escaping through the tank. The water heater, for sale at Ripley Power and Light’s Ripley office, has an energy factor of 0.95. You can purchase this water heater with zero percent financing for 24 months with payments on your utility bill. The 50-gallon water heater costs $588, plus tax. Payments are $27 a month over 24 months, $36 over 18 months, and $54 over 12 months. To be eligible for Power and Light’s $50 or $100 rebate, the tank must be purchased without financing.
Tips on buying a water heater
- Although many consumers buy water heaters based on the size of the storage tank, the first-hour rating (FHR), provided on the Energy Guide label, is actually more important. The rating is a measure of how much hot water the heater will deliver during a busy hour. A larger tank doesn’t necessarily mean a higher FHR. Estimate your household’s peak-hour demand and look for a unit with an FHR in that range.
- Everything else being equal, select a water heater with the highest energy factor (EF), the measure of a water heater’s efficiency. EF is based on recovery efficiency, standby losses and cycling losses. The higher the EF, the more efficient the water heater.
- Whenever possible, do not install the water heater in an unheated basement. Also try to minimize the length of the pipes that must be run to your bathroom and kitchen.
- Look for extended warranties and new energy-efficient designs. Many water heaters have eight- to 10-year warranties and some are warranted not to leak for as long as you own your home.
Buying from a local dealer
When you are ready to purchase your water heater from a local dealer, drop by Ripley Power and Light to establish your financing and get a voucher for your water heater’s purchase.
For more information, call us at 731-635-2323 or 731-836-7595, or fill out this online form.