Check out the GE GeoSpring hybrid electric water heater! It qualifies for a $300 tax rebate and can reduce the average water heating bill more than 60% - an approximate $320 savings per year (compared to the standard electric water heater). Over a 10-year period, these savings can add up to $3,200 for the average consumer household! If you want a gas unit check out their line of tankless water heaters. Visit GE Appliances website for details.
