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Uploaded on Nov 25, 2013
ORNL and GE entered into a Cooperative R&D Agreement to produce the GeoSpring hybrid water heater -- one of the most efficient electric heat pump water heaters on the market today that saves the average household at least $300 a year on its electric bills. The GeoSpring success story demonstrates the extent to which private-public partnerships are helping to boost the competitiveness of U.S. manufacturing and achieve energy independence for the nation.