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Energy Savings Calculator
Initial Investment and Lifetime Return Savings calculations are based on project cost (product + installation costs) of 50-gallon models minus estimated tax credits and rebates. In the final calculations, there can be rounding errors which can account for a small dollar value difference. If the ROI calculation is negative it will state “immediate”. Default water heater prices do not include tax or delivery fees. Rinnai America Corporation is not responsible for tax and rebate filing. Consult with a tax advisor and your local utility company for complete filing and eligibility requirements.
The calculations are based on a 50-gallon Hybrid Electric Water Heater (HPWH) and a 50-gallon standard Electric Tank Water Heater and both having a 9-year warranty. For the Hybrid Electric Water Heater (HPWH), the minimum kWh used in the calculation is 864 kWh. For the Electric Tank Water Heater, the minimum kWh used in the calculation is 3,493 kWh.
For the United States: The estimated federal tax credit is calculated as 30% of project cost. The minimum kWh used in the Energy Savings calculation is based on the US Department of Energy (DOE) Energy Guide label of like models that are readily available for purchase on the Internet.
For Canada: The minimum kWh used in the Energy Savings is from a table provided by Energy Hub website. For updated average electricity energy rates in Canada refer to Energy Hub website URL https://www.energyhub.org/electricity-prices.
RINNAI provides this Calculator as a convenience to help customers in analyzing potential cost savings when purchasing water heating products. THE CALCULATOR IS ONLY INTENDED FOR USE IN THE UNITED STATES and CANADA and assumes a 365-day operation period by the user. The estimates provided by the Calculator are provided to help you determine whether you desire to further investigate combined water heating solutions with RINNAI. THE CALCULATOR ONLY PROVIDES ESTIMATES. SUCH ESTIMATES ARE NOT A GUARANTEE OF SAVINGS. A NUMBER OF OTHER FACTORS MAY AFFECT YOUR ACTUAL SAVINGS, AND YOUR ACTUAL SAVINGS MAY DIFFER. Please carefully read all of the terms of this Disclaimer. By viewing and utilizing this Cost Savings Tool, you acknowledge that you have read, agreed to, and understand this Disclaimer.
RINNAI PROVIDES THE CALCULATOR “AS IS” AND WITH ALL FAULTS, AND HEREBY DISCLAIMS ALL WARRANTIES AND CONDITIONS, EITHER EXPRESS, IMPLIED, OR STATUTORY, INCLUDING BUT NOT LIMITED TO ANY IMPLIED WARRANTIES OR CONDITIONS OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, QUIET ENJOYMENT, OR NON-INFRINGEMENT.
IN NO EVENT SHALL RINNAI BE LIABLE FOR ANY DAMAGES, INCLUDING CONSEQUENTIAL, INCIDENTAL, DIRECT, INDIRECT, SPECIAL, PUNITIVE, OR EXEMPLARY DAMAGES ARISING OUT OF OR IN ANY WAY RELATED TO THE USE OF OR INABILITY TO USE THE CALCULATOR, WHETHER BASED ON CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY OR OTHERWISE, EVEN IF RINNAI HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. THIS EXCLUSION OF DAMAGES SHALL BE EFFECTIVE EVEN IF ANY REMEDY FAILS ITS ESSENTIAL PURPOSE.
The Calculator is provided to you at no charge. Rinnai has included in this Disclaimer terms that disclaim all warranties and liability for the Calculator. To the full extent allowed by law, BY USING THIS CALCULATOR, YOU HEREBY RELEASE RINNAI FROM ANY AND ALL LIABILITY ARISING FROM OR RELATED TO THE CALCULATOR OR ITS USE.
All title and copyrights in and to the Calculator are owned by Rinnai America. All trademarks are the property of Rinnai America or its respective owners.
The laws of the State of Georgia, USA will apply to this Disclaimer.
Rinnai will not nor has it submitted for any rebates displayed or used in the calculations. You, the consumer, must apply to the rebate options provided per the instructions provided. Rinnai is not responsible for the filing, supply or funding of any rebate shown in the calculator.
If you have any questions or you desire to contact RINNAI for any reason, please write: RINNAI AMERICA; 103 International Pkwy; Peachtree City, GA 30269.