In this article I will tell you about the GE Heat Pump Water Heater how it can save you money, rebates and grants that can make saving money affordable. ... time seems to be a while when using heat pump, guessing about 45 minutes, of course depending on how much hot water used. I have heard that the Rheem unit has similar 'issues'. I am very anxious to see what energy savings I get on my next power bill. Also, GE has named this thing now, it's called a GeoSpring :-L ...