Utilizing heat pump technology in combination with traditional resistance electric elements, the GE Hybrid Water Heater pulls heat from surrounding air and transfers it to the tank to heat the water.
The company claims that this process creates the same amount of hot water as a traditional electric water heater, but can reduce the energy required to heat the water by up to 62%.The company further claims that the water heater can save as much as $320 annually.
The company said that the GE Hybrid Water Heater results in energy savings of $320 per year, which can add up to roughly $3,200 in savings over the 10 year warranty period.
GE Hybrid Water Heater exceeds the Energy star minimum requirements of 2.0 Energy Factor (EF) with a 2.35 EF; and qualifies for the Federal Residential Energy Efficiency Tax Credit worth 30% of the product and installation cost.
In addition, the GE Hybrid Water Heater features an electronic control system, which gives consumers as much or as little control of operating modes as they like.
James Campbell, president and CEO of GE Appliances and Lighting, said: ”We are delighted to have Sears as a retail partners for the GE Hybrid Water Heater. Carrying the GE Hybrid Water Heater demonstrates Sears’ commitment to offering the latest, innovative, energy-efficient solutions for their shoppers as we all look for ways to save energy, save money and help protect the environment.”
Doug Moore, senior vice president and president of home appliances of Sears, said: “As part of Sears’ commitment to providing energy efficient products, we are proud to be among the first retailers to offer the new GE Hybrid Water Heater to our customers.
“Offering hybrid products like the GE Hybrid Water Heater that marry advanced eco-friendly technology with traditional elements is just one of many ways we remain customer-centric and make it easier for our customers to go green.”
