Q: Do any contractors or homeowners have an opinion on GE's green Geospring water heater?

I recently saw an ad for the GE Geospring water heater. I've been thinking of replacing my water heater in order to save some money on bills and go a bit more green. Have any green professionals or homeowners installed or used the Geospring? The ad said it can reduce energy used to heat water as much as 62%. ...Sounds like a good return on the investment to me. Thanks.

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