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ProTerra Tank

Your Product Savings Report

Rheem® ProTerra® Hybrid Electric Heat Pump Water Heater

Heat pump water heaters deliver savings when you buy—in the form of available tax credits and utility rebates—and also with big energy cost savings up to $576 per year.1 Plus, they easily connect to utility programs for even more energy cost savings.

  • Reduces energy use and carbon footprint by up to 75%1
  • ENERGY STAR® certified
  • Qualifies for tax credits and available local incentives
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AVAILABLE HOMEOWNER INCENTIVES

Federal Tax Credit - Air Source Heat Pump

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  • Effective January 1, 2023, through December 31, 2032
  • Federal Tax Credit Claim Form
  • 30% of project cost (up to $2,000)
  • Any combination of heat pumps, heat pump water heaters and biomass stoves/boilers are subject to an annual total limit of $2,000
  • Can be combined with other utility rebates.
  • Must be an existing home and principal residence
  • New construction and rentals do not apply
  • Principal residence can be a house, houseboat, mobile home, cooperative apartment, condominium, or a manufactured home
  • The overall total limit for an efficiency tax credit in one year is $3,200
  • Total limit of $1,200 for any combination of home envelope improvements (windows/doors/skylights, insulation, electrical) plus furnaces, boilers and central air conditioners.
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SAVINGS ANALYSIS

Lifetime Project Investment

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Electric Water Heater
$3,479
Heat Pump Water Heater
$3,289

Annual Operating Costs

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Electric Water Heater
$589
Heat Pump Water Heater
$141

Hybrid Electric Heat Pump Water Heater - Return on Investment

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Annual Energy Operating Cost Savings:

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$448

Lifetime Savings:

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$4,666

Pays For Itself In:

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a year or less

Lifetime Project Investment

Electric Water Heater
$3,479
Heat Pump Water Heater
$3,289

Annual Operating Costs

Electric Water Heater
$589
Heat Pump Water Heater
$141

Hybrid Electric Heat Pump Water Heater - Return on Investment

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Annual Energy Operating Cost Savings:

$448
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how AEOCS is calculated
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Lifetime Savings:

$4,666
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how lifetime savings is calculated
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Pays For Itself In:

a year or less
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how pays for itself is calculated
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Initial Project Investment and Lifetime Return Savings calculations are based on project cost (product + installation costs) of a 50-gallon standard electric model compared to a hybrid electric heat pump model, minus estimated tax credits and rebates. Installation costs are estimated and may vary based on specific application and region. Estimated federal tax credit is calculated as 30% of project cost up to $2,000. Default water heater prices do not include tax or delivery fees. Rheem is not responsible for tax and rebate filing. Consult with a tax advisor and local utility for complete filing and eligibility requirements. Calculations are directional only based on specific installation scenarios. For more accurate project costs consult with your local plumbing professional.

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PRODUCT VIDEOS

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ADDITIONAL REPORTS

Every model offers comfort without compromise and an eye towards reducing energy use along the way.

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Tankless Space Savings
Ikonic®
  • Super high efficiency technology reduces energy use by 36%
  • Space saving design is up to 70% smaller than standard water heaters
  • Built-in recirculation saves up to 12,000 gallons of water per year
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Maximum Hot Water Delivery
Maximus®
  • Produces 2 times the hot water of a standard water heater
  • Efficient yet powerful burner reduces energy use by 36%
  • Smart controls with LeakSense™ detection system

1) Comparison of hybrid electric heat pump 40, 50, 65 and 80 gallon models to standard electric tanks of like capacity and minimum efficiency