Calculate Savings

Calculate Your Water Heating Cost Per Year

1Price & Rate

Enter the GeoSpring Hybrid Water Heater price and your average energy rate.

Estimated GeoSpring Price

$

MSRP* of a 50 gallon GeoSpring Hybrid Water Heater is $1,400.

Are you replacing a broken standard water heater?

A sunk cost of $399, the average price of a standard water heater, will be deducted from the calculation.

Average Energy Rate

¢/kWh

National average = 12¢/kWh.

Find average energy cost for your state:

* Resellers determine their own resale price.

2Rebates

Enter any incentives, rebates, or credits you'll receive toward your GeoSpring Hybrid Water Heater.

Utility Rebates

$

State Tax Incentives

$

Federal Tax Credit *

$

Not sure which incentives apply to you? Find rebates near you:

50-Gallon GeoSpring Rebates


80-Gallon GeoSpring Rebates

* A $300 federal tax credit is available for any GeoSpring installed between January 1, 2015 and December 31, 2016. File IRS forms 5695 line 22a with your 2015 or 2016 tax filings along with the product purchase receipt and a copy of the manufacturer's certification statement.

3Savings

Your Estimated Energy Costs**

Standard Electric Water Heater

$XXX,XX

per year

GeoSpring Hybrid Water Heater

$XXX.XX

per year

Your Selections

GeoSpring Price* $XXXX.XX
Std. Water Heater Sunk Cost −$XXX.XX
Incentives & Rebates −$XXX.XX
Net GeoSpring Price $XXX.XX

Average Household's Estimated Savings Per Year**

$XXX.XX

The GeoSpring costs less to run compared to a standard electric water heater. That means savings for you each year!


When do I see the savings?

X.XX years

Net Price ÷ Yearly Savings = Payback

After only X.XX years the GeoSpring pays for itself! Then you’ll save money each year.

Where to Buy

* Resellers determine their own resale price.

** Based on DOE test procedures and comparison of 50-gallon standard electric tank water heaters using 4646 kWh per year vs. the GeoSpring hybrid water heater using 1407 kWh per year and an average electricity cost of $0.12/kWh; this estimate was calculated using the electrical rate that you selected to represent your local cost per kWh.