Heat Pump Water Heaters

Discover how heat pump water heaters work, why they're more efficient than traditional models, and how to take advantage of rebates and tax credits. Learn about cost savings, installation options, and how to get a free quote for your home water heating upgrade.

Gas vs. Heat Pump Water Heaters

What’s The Difference?

    • Heat Pump Water Heaters: Use electricity to move heat from the air into the water, rather than generating heat directly.

    • Gas Water Heaters: Use natural gas or propane to heat water through combustion.

    • Heat Pump Water Heaters: 2–3 times more efficient than standard electric or gas models, thanks to heat transfer technology.

    • Gas Water Heaters: Generally less efficient, as energy is lost through venting and combustion.

    • Heat Pump Water Heaters: Lower monthly utility bills due to reduced energy consumption.

    • Gas Water Heaters: Fuel costs can vary, but they often cost more to operate over time.

    • Heat Pump Water Heaters: Use electricity and can run on renewable energy if available.

    • Gas Water Heaters: Burn fossil fuels and produce greenhouse gases. They also emit harmful combustion byproduct.

Claim Rebates for High-Efficiency Heat Pump Water Heaters

Zero Homes manages all of the rebate application and paperwork to make getting an affordable heat pump water heater easier than ever.

Xcel Energy Denver Territory 

Incentives: Rebates

Heat Pump Water Heater: $2,250 rebate

State of Colorado
Incentives: Tax Credits

Heat Pump Water Heater: $500 tax credit

Federal Government
Incentives: Tax Credits

Heat Pump Water Heater: $2,000 tax credit

*Incentive list is non-exhaustive and dependent on additional criteria based on system and equipment design and certifications. Tax credits and rebates may be less than stated, may not be applicable or may not be stackable with one another. Please ask your Zero Homes Advisor for more details.

Zero Homes specializes in super efficient heat pump products and whole home electrification. Our advanced mobile app technology makes getting a remote quote simple, quick, and transparent.

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Heat pump water heaters made simple.

Zero Homes helps you qualify for rebates, choose efficient systems, and save money. Get personalized guidance and installer quotes from Colorado’s heat pump and heat pump water heater experts. Schedule time to talk or call us at (303) 848-8606.

Experience the Remote Quote for heat pumps

Get going now by downloading our app and following the instructions.

Zero Homes FAQs

  • Today we provide quotes for: heat pumps, heat pump water heaters, induction ranges, EV chargers, and electrical upgrades. In some jurisdictions we may also provide quotes for insulation and air-sealing.

  • The fastest way to get started is to download our mobile app and follow the instructions — you can even book an appointment directly from there. Otherwise, book an appointment with us from this webpage, or give us a call at (720) 807-3229.

  • You can download our mobile app at the Apple App Store or Google Play Store: search for Zero Homes

  • One of Zero’s thoroughly vetted, high-quality installers. We only work with the best local pros.

  • Systems are typically installed within two weeks of deposit, but this varies on seasonality and our partner’s availability.

  • All of our projects come with a minimum of a 1 year labor warranty provided directly by the installer that completed your project in addition to the equipment warranty provided by the manufacturer. If you have an issue with your system its best to call your installer or manufacturer directly. We are happy to help if you ever have any questions.