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Performance Platinum 50 Gal. 10-Year Hybrid High Efficiency Smart Tank Electric Water Heater $1199

$1,199.00
$1,699.00
+91 Deal Score
171,286 Views
Home Depot has 50 gallon Rheem hybrid heat-pump water heaters for $1199 (I am in Oregon 97202). I know these have been as low as $979, but this deal reflects 29% off retail or $1699.99. The 80 gallon units are marked down, as well, though not as much.

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

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+91
171,286 Views
$1,199.00
$1,699.00

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

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Joined Nov 2017
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> bubble2 39 Posts
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dave.alessandria
01-02-2022 at 12:09 PM.

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01-02-2022 at 12:09 PM.
Quote from SplendidHome1945 :
tankless all the way

If your house doesn't have natural gas, tankless isn't usually feasible. Electric tankless units draw so much power that they usually require a panel upgrade.
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Joined May 2008
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> bubble2 105 Posts
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thrytis
01-02-2022 at 12:19 PM.
01-02-2022 at 12:19 PM.
Looks to be regional. Full price here in NC.
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Joined Feb 2005
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> bubble2 4,599 Posts
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BigCTM
01-02-2022 at 12:26 PM.
01-02-2022 at 12:26 PM.
Quote from LINKYSLK :
was $980 a few months ago

https://www.cnet.com/home/energy-...r-heaters/ [cnet.com]
The original post mentioned this already.
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Joined Oct 2007
L3: Novice
> bubble2 265 Posts
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wei2cool
01-02-2022 at 12:31 PM.
01-02-2022 at 12:31 PM.
Is it in store only? Can't replicate it online
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Joined Apr 2020
L3: Novice
> bubble2 265 Posts
ArmyAnts
01-02-2022 at 12:42 PM.
01-02-2022 at 12:42 PM.
Quote from dave.alessandria :
If your house doesn't have natural gas, tankless isn't usually feasible. Electric tankless units draw so much power that they usually require a panel upgrade.
Agree, and actually many nat gas retrofits require a larger delivery line to the house to handle a tankless, as they have the similar demands for gas as a whole house HVAC (heating side). And that ain't cheap or a DIY project you can hide from the utility company.
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Joined Jan 2022
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Dalegend27
01-02-2022 at 01:03 PM.
01-02-2022 at 01:03 PM.
So, I used my zip code of 15642 to find a local store and the price was $1,699. I used the author's zip code of 97202 and the price is $1,199. Can't believe how much of a price difference there is. Shipping to my zip code is $75.00 and tax of $76.44 for a total price of $1,350.44. Hope the price goes lower.
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Last edited by Dalegend27 January 2, 2022 at 01:08 PM.

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Joined Jul 2008
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> bubble2 3,012 Posts
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poormanq45
01-02-2022 at 01:48 PM.

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01-02-2022 at 01:48 PM.
Quote from SplendidHome1945 :
tankless all the way

Tankless is far less efficient for a house that is your primary residence. As a vacation property, absolutely.

Heat pump is far more efficient even with having to maintain a column of water.
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Joined Jan 2011
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Sandman333
01-02-2022 at 02:05 PM.
01-02-2022 at 02:05 PM.
Thanks!

Does anyone know if the federal tax credit will exist for 2022? All I can find says it expired Dec. 31, 2021.
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Joined Aug 2013
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> bubble2 278 Posts
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BENJAMINB1246
01-02-2022 at 02:30 PM.
01-02-2022 at 02:30 PM.
Quote from poormanq45 :
Tankless is far less efficient for a house that is your primary residence. As a vacation property, absolutely.

Heat pump is far more efficient even with having to maintain a column of water.
I think this depends on people's "definition" of efficient. A heat pump can transfer more energy than is put into it, so it's going to be more "efficient" (except for storage standby losses). However for many people, a tankless would be more "efficient" because it can produce the same amount of water for less money (gas being cheaper than electricity). Especially if it's a condensing tankless.
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Joined Nov 2010
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> bubble2 1,099 Posts
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rilaw
01-02-2022 at 02:36 PM.
01-02-2022 at 02:36 PM.
Have had one for years, love it. Only cost me $300 or so installed after sale, rebate, and self install. I grabbed a wifi unit marked down for $20 later. Like that I can control it with my phone. Always in "Energy Saver" mode, then switch to "High Demand" if we need we need it
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Last edited by rilaw January 2, 2022 at 02:39 PM.
Joined Mar 2016
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> bubble2 258 Posts
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Original Poster
catfishk
01-02-2022 at 02:43 PM.
01-02-2022 at 02:43 PM.
Quote from BigCTM :
The original post mentioned this already.
Yeah, it seems the MSRP of the 50 gal jumped from ~$1250 to $1699.
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Joined Aug 2008
L5: Journeyman
> bubble2 661 Posts
OhFrugal
01-02-2022 at 03:13 PM.
01-02-2022 at 03:13 PM.
The full electric and this model uses the same wattage according to Home Depot page:
Wattage (watts) 4500 W 4500 W
That means, we face the same question of shelling out some $1000 or more for the electric upgrade? Any thoughts? TIA
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