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Home Depot offers the  Rheem Hybrid Electric 50-Gallon Water Heater , model no. XE50T10HD50U0, for $999. Opt for in-store pickup to avoid the $55 shipping fee. It features a hybrid heat pump design that purports to be more four times more efficient than standard electric water heaters.

4.1/5 stars based on 
56 reviews.

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We have this. We like it. It has more complex installation than normal water heaters. Also, check your utility, there might be a rebate available for getting this water heater. There was for us when we got it last year in Seattle.

AEP Ohio customers can get a $500 rebate making this barely more expensive than a standard electric water heater.

Does anyone know how often Home Depot will offer this price? I've owned the GE GeoSpring 50 gallon for 3 years and love it but it looks like this one is even more energy efficient. I'm building a new house and would like to replace the builder grade water heater they'll install with this one.

I am interested, so reading the questions section, RHEEM advised that model XE50T12EH45U0 is latest 4th gen unit, but HD website shows WE50T10HD5U0. Will have to double check. Perhaps HD has their own model #.

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