Water heater savings with Sense

I found out our 20-year-old resistance electric water heater would run for an hour or 2 at 900 watts. I researched water heaters and found one that runs like a heat pump using about a third of the power – only 300W vs 9000W, with an energy sticker of $100 per year. I knew the old water heater would fail suddenly so I decided to plan ahead, buy the new one and install it. My hot water heating bill went from $200 to $160 per month.

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