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If it runs all the time, won’t it be expensive to run?

If it runs all the time, won’t it be expensive to run?

The current electric system you have has an element in it that is extremely inefficient and expensive to run which results in greater costs. While heat pumps are running all the time, the compressor fan only really kicks in when it needs to be refilled, the water that is sitting in the tank will stay hot until its next use or the tank needs to be refilled.