anyone using a hybrid (geospring) water heater with a side arm?
I currently have a leaking indirect water heater. I use my wood boiler exclusively for ~8 months and an oil boiler for the rest of the year to heat hot water.
I need to replace the indirect sooner or later and have been looking at options... I can get a GE geospring for about $200 after state and federal rebates. Add another $150 for a sidearm... And then I'd be able to heat hot water with wood, oil or electricity.
Currently paying ~$2 for oil and 12 cents/kWh... So back of the envelope math says would be slightly cheaper to run the heat pump in summer... Anyone got a link to an online calculator?
So what am I missing? Seems like a no brainier vs spending $1200 on another indirect.
I currently have a leaking indirect water heater. I use my wood boiler exclusively for ~8 months and an oil boiler for the rest of the year to heat hot water.
I need to replace the indirect sooner or later and have been looking at options... I can get a GE geospring for about $200 after state and federal rebates. Add another $150 for a sidearm... And then I'd be able to heat hot water with wood, oil or electricity.
Currently paying ~$2 for oil and 12 cents/kWh... So back of the envelope math says would be slightly cheaper to run the heat pump in summer... Anyone got a link to an online calculator?
So what am I missing? Seems like a no brainier vs spending $1200 on another indirect.