this post was submitted on 22 Nov 2023
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Heat pumps are nearly as cheap in Ohio as NG and save you money over the life of your house. Despite being run by MAGA, Ohio has some pretty sweet green energy subsidies and tax write-offs.
Great substitute for geothermal.
I'm in the market for a water heater in Ohio. The cheapest heat pump water heater I could find is more than twice the price of a typical NG heater. Where are you finding them for anything remotely close to the same price?
One important thing to note: heat pump water heaters take heat from the house and put it into the water. In an Ohio winter, that might not be desirable: you're paying for the heat from the furnace, then paying for the same heat again into the tank.
There's a federal tax credit worth 2k for HPWH. I'm not aware of any Ohio specific subsidies, although there are programs coming through the IRA that are run through the states and will offer more incentives.
Up to* $2k. Just for the sake of clarity.
The tax credit is 30% of the total project price, up to $2k. If the HPWH is over double the cost of NG, you're still paying quite a bit more even with the tax credit.