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expiredbeedubdub posted Nov 11, 2020 9:20 PM

Rheem Performance Platinum 50 Gal. 10-Year Hybrid High Efficiency Smart Tank Electric Water Heater - $799 + shipping

$699

$1,299

46% off
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Deal Details
I just purchased this water heater, normally $1299, for $799 + tax + $75 shipping.
https://www.homedepot.com/p/Rheem.../312742081

Steps to get deal:
1) Go to above link
2) Change store to zip code 15010(Edit: use Zip 97322 for $699 instead of $799)
3) Select Ship to Home (unless you happen to live close to this store), add to cart.
4) Check out.

Additional notes:
1) Federal tax credit of $300. State tax credits vary, in my home state we get an additional $400 (bringing this heater down to $99 + $75 shipping + tax).
2) For many/most, the $75 shipping is worth it even if you can get this price locally as these heaters are quite heavy and supposedly must be transported vertically.
3) Do your homework on these hybrid heaters before purchasing. You need 220V to operate. Installation expense is generally much higher with hybrid electric vs standard electric resistance heaters and gas heaters. Hot water recovery is very slow (but you can switch to standard electric mode for rapid recovery when you know your usage will be high, e.g. having company over). They can apparently be loud, so if this will be located close to a bedroom, important to think about. There are important climate and installation location factors to consider--just google.
4) The newest generation of this series from Rheem, called "Proterra" can be had for $1269, a slight discount compared to full price (15% for my location). After carefully examining specs, photos, etc - it seems that the only difference with the Proterra series is built-in leak detection with auto-shutoff. FYI if that feature is important to you, you can add it for $219:
https://www.homedepot.com/p/Rheem...513?NCNI-5
5) This is for 50 gallon. Looks like if you need 65 gal or 80 gal, the Proterra is actually on sale (whereas the Performance Platinum is full price), making the Proterra cheaper.

https://www.homedepot.com/p/Rheem.../312742081
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Deal Details
Community Notes
About the Poster
I just purchased this water heater, normally $1299, for $799 + tax + $75 shipping.
https://www.homedepot.com/p/Rheem.../312742081

Steps to get deal:
1) Go to above link
2) Change store to zip code 15010(Edit: use Zip 97322 for $699 instead of $799)
3) Select Ship to Home (unless you happen to live close to this store), add to cart.
4) Check out.

Additional notes:
1) Federal tax credit of $300. State tax credits vary, in my home state we get an additional $400 (bringing this heater down to $99 + $75 shipping + tax).
2) For many/most, the $75 shipping is worth it even if you can get this price locally as these heaters are quite heavy and supposedly must be transported vertically.
3) Do your homework on these hybrid heaters before purchasing. You need 220V to operate. Installation expense is generally much higher with hybrid electric vs standard electric resistance heaters and gas heaters. Hot water recovery is very slow (but you can switch to standard electric mode for rapid recovery when you know your usage will be high, e.g. having company over). They can apparently be loud, so if this will be located close to a bedroom, important to think about. There are important climate and installation location factors to consider--just google.
4) The newest generation of this series from Rheem, called "Proterra" can be had for $1269, a slight discount compared to full price (15% for my location). After carefully examining specs, photos, etc - it seems that the only difference with the Proterra series is built-in leak detection with auto-shutoff. FYI if that feature is important to you, you can add it for $219:
https://www.homedepot.com/p/Rheem...513?NCNI-5
5) This is for 50 gallon. Looks like if you need 65 gal or 80 gal, the Proterra is actually on sale (whereas the Performance Platinum is full price), making the Proterra cheaper.

https://www.homedepot.com/p/Rheem.../312742081

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Model: Performance Platinum 50 Gal. 10-Year Hybrid High Efficiency Smart Tank Electric Water Heater

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Nov 12, 2020 5:04 PM
67 Comments
Joined Mar 2020
HonestPolice609Nov 12, 2020 5:04 PM
67 Comments
Quote from davejfr0 :
I just stopped being lazy and googled if I needed a permit to install. Looks like since this is electric, I could do it myself.

I guess I'll see what the quotes look like before I decide if I want to buy some copper pipe and either the soldering or crimping tools. One plumber I've used said crimping copper pipe was better than soldering, which I'm still skeptical of, but its holding up well at the main inlet before my PRV.

I didn't do all of my research, but looks like folks are saying I need to give this thing 700SQFT for the heat pump, so I guess I need to also cut a hole in the closet wall out to the hallway, add a vent and the ductwork. Gotta put those new dewalt XR tools to work, lol.
I believe that Rheem sells the duct connections, if you need them. You will hear this unit when operating if it's in your living area (think refrigerator)...and on HP mode it runs alot.
Nov 12, 2020 5:06 PM
181 Comments
Joined Feb 2013
davejfr0Nov 12, 2020 5:06 PM
181 Comments
Quote from HonestPolice609 :
I believe that Rheem sells the duct connections, if you need them. You will hear this unit when operating if it's in your living area (think refrigerator)...and on HP mode it runs alot.
It will live next to the heat pump that sits in the closet (which also makes decent noise when its on, so its all good. Appreciate you looking out.
Nov 12, 2020 5:15 PM
67 Comments
Joined Mar 2020
HonestPolice609Nov 12, 2020 5:15 PM
67 Comments
Quote from darkadvent :
This, or someone who doesn't charge extra, it's literally no different from an install perspective - hook up hot and cold, connect electric, turn on.

If you're handy with Sharkbites they make a flexible hose with valve and water heater fitting for $30/hose. Crazy expensive but very easy for DIY.
Different install in three ways:
1) Add condensate line (may have to pump if you don't have a nearby drain)
2) Inlet/outlet lines are on the side of the tank. Need slight plumbing changes to reach lower inlet.
3) If you install in small room/closet, you may have to vent.
Nov 12, 2020 5:24 PM
54 Comments
Joined Feb 2007
indi00Nov 12, 2020 5:24 PM
54 Comments
I have the Rheem 80 gallon hybrid installed back in April. It is slightly louder than a refrigerator. Mine sits in the garage. It will annoy the heck out of me if it was installed close to a living area. It is set to heat pump mode only and gives plenty of hot water for a family of 6.

In the summer it uses 3-4 KWh a day. Right now in October the energy usage has creeped up to 5-6Kwh a day with a low outside temperature around the mid 30 F. My October report showed a usage of 111Kwh for the month.

I had two 50 gallon natural gas water which costs about $70 a month to maintain. Those were replaced with one 80 gallon electric hybrid. The best savings is my solar system produced about 1,300 KWh of electricy for the month of October and 111Kwh of that electricity is used for hot water.
Nov 12, 2020 5:47 PM
114 Comments
Joined Jul 2012
mabalachNov 12, 2020 5:47 PM
114 Comments
I won't replace my water heater unless it breaks down, how are you all making use of this deal?
Nov 12, 2020 5:54 PM
2K Comments
Joined Dec 2004
bewareNov 12, 2020 5:54 PM
2K Comments
Quote from mabalach :
I won't replace my water heater unless it breaks down, how are you all making use of this deal?
I bought a house with a 30 year old tank so... It was a no brainier.
Nov 12, 2020 6:05 PM
67 Comments
Joined Mar 2020
HonestPolice609Nov 12, 2020 6:05 PM
67 Comments
Quote from mabalach :
I won't replace my water heater unless it breaks down, how are you all making use of this deal?
If you can get it on sale, have utility sponsored rebates, and pay high electric rates you should have a pretty quick payback. If used on HP mode only, you should see an 80%+ reduction in energy usage over a standard electric WH.

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Nov 12, 2020 6:17 PM
453 Comments
Joined Dec 2016
venusfanNov 12, 2020 6:17 PM
453 Comments
dang, my electric company is offering $1000 rebate plus a federal rebate of $300. Too bad, because I have a gas one currently.
Nov 12, 2020 6:28 PM
826 Comments
Joined Jul 2003
SkellingtonNov 12, 2020 6:28 PM
826 Comments
Quote from jamfed :
I live in Washington, and got the $699 too. Plus I did a $5 off $50 purchase promo code that also worked, Order Total was $757.85. There is another $500 PUD Tax Credit if you buy a heat pump water heater, replacing a previous electric heater, but I'm switching from propane water heater to this heat pump water heater. I will still apply for that PUD tax credit and see what happens...
I'm here in Oregon and the $500 they take off the regular price is an instant rebate from Energy Trust of Oregon. I cannot submit for any cash rebates.
Nov 12, 2020 6:31 PM
67 Comments
Joined Mar 2020
HonestPolice609Nov 12, 2020 6:31 PM
67 Comments
Quote from venusfan :
dang, my electric company is offering $1000 rebate plus a federal rebate of $300. Too bad, because I have a gas one currently.
I have a gas WH at one house and the Rheem HPWH at another...if you have gas, stick with it. HPWHs are more complex. Last week we had a power outage at our house with the gas WH and still had hot water...when it happens at the other house (with electric HPWH), we go without.
Nov 12, 2020 7:16 PM
655 Comments
Joined Nov 2011
MusicsAllWeGotNov 12, 2020 7:16 PM
655 Comments
I'm in and repped!
Family of 4, in South Florida, and we have a 40-gallon 1994 electric water heater.
Time to check what a 26 year upgrade feels like Big Grin

:EDIT:
Used the zipcode provided, 98233, to find the $699 price, so an extra $100 saved
Nov 12, 2020 7:27 PM
344 Comments
Joined Apr 2014
playa7xNov 12, 2020 7:27 PM
344 Comments
Quote from mabalach :
I won't replace my water heater unless it breaks down, how are you all making use of this deal?
In general, a water heater lasts about 10 years. If your water heater is about that old there are 2 things to consider. 1) It possibly will break down and 2) the technology for efficiency would have improved.

If the water heater in question is a good enough deal (we are all in different situations), then it is possible to be a good idea to install a new one.

For instance, my energy cost per year is $508 (from that yellow sticker). The one listed here is $104. Assuming I use the heater the same way, my energy savings would be around $400 a year.

If the deal is still working, the listed heater is $699/$799 plus shipping and taxes. There is a $300 tax credit that ends this year. There may be others rebates/incentives from local utilities and cities.

So, let's say after after taxes and shipping the heater is $850 and installation is $200. Cost would be $1050- $300 tax credit. $750 would be the cost. Over 2 years, I would break even. Then, I would be saving money moving forward.

However, to play devils advocate, technology will improve in the future and more efficient units will be developed. Maybe when your unit finally dies, there will be another deal and a better unit that comes along.

Of course, I stress that everyone's situation is different. So this may not be a benefit for you. I am just answering how this is beneficial for me.
Nov 12, 2020 7:32 PM
1.2K Comments
Joined Jul 2003
shaggymattNov 12, 2020 7:32 PM
1.2K Comments
Just to chime in, I installed an AO Smith Hybrid water heater last year from Lowes. The installation is no more difficult than any other water heater. It's a bit taller, so make sure you have the overhead for it.

Where I live there are different utility companies, so some stores had rebates built-in, based on utility company and others didn't. The Energy Guide was something like $114/year, and our energy bill definitely took a huge nosedive, replacing a 15-year-old water heater that was full of sludge as the previous owner apparently never drained it. With the tax credit and rebate (made heater $699) it's a no brainer, it paid for itself in less than a year.

My water heater is in the basement, and as others said, it's about as loud as a refrigerator. Another added benefit is that we found that we didn't need to run a dehumidifier at all last summer. That saves a nice chunk of change!
Nov 12, 2020 7:32 PM
181 Comments
Joined Feb 2013
davejfr0Nov 12, 2020 7:32 PM
181 Comments
Quote from beware :
I bought a house with a 30 year old tank so... It was a no brainier.
My logic - my HWH is 15 years old, basically at or beyond life expectancy, and then with the $500off +$800 in rebates, its a near no-brainer to just get it over with before my current one decides to leak, which could be today or in 10 years, but its not worth the risk of that happening. It's not in a catch basin and the rooms around it are all furnished.

If this things helps me save some on my electric bill, that would be cool too, but not required.

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Pro
Nov 12, 2020 7:41 PM
681 Comments
Joined Nov 2015
MacsAre1
Pro
Nov 12, 2020 7:41 PM
681 Comments
I could certainly do the install myself...and the hot water heater already sits next to my washing machine so the condensate line would be easy. However, for anyone considering self install, you may have to forgo some rebates. Read carefully. That's the case for my local utility. Does not seem to be the case for the federal rebate, I couldn't find any language about needing contractor receipts.

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