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That $400 heat pump water heater is still paying me back, but the install was rough
I swapped my old electric tank for a heat pump model back in March because the rebate made it too good to pass up. The unit itself was $1,200, but after the utility rebate and tax credit I was only out about $400. My electric bill dropped by $35 a month, so I'm already past the break-even point. The catch was the installer had to run a condensate line to my floor drain, which took two extra visits and some drywall patching. If you're thinking about it, check your basement space and drain setup first, or you'll be paying for surprises. Anyone else deal with hidden install costs that ate into their savings?
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wright.drew26d ago
That drainage thing is exactly what makes me hesitate. Did the installer give you any heads up about the condensate line before they started, or did that get discovered mid-project? From what I have seen with friends' installs, the rough stuff always shows up after you already committed. Your math works out great on paper, but a couple extra visits can eat a lot of that savings real quick. Just curious if you got a firm quote upfront or if they hit you with the "well, while we were in there" talk. That usually makes or breaks whether I'd bother with the swap myself.
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