Intellihot was honored with a 2023 Chicago Innovation Award for its groundbreaking Electron series, marking a significant achievement in the field of commercial-grade tankless heat pump water heaters.
Selected from nearly 350 nominees, the winners of this year’s awards have collectively contributed over $3.8 billion in revenue and created more than 10,000 jobs, according to Luke Tanen, the president and CEO of Chicago Innovation.
The Electron series stands out as the first commercial and industrial tankless heat pump water heater designed to efficiently absorb and store ambient heat in a thermal battery for heating domestic water, eliminating the need for a storage tank.
This innovation offers a practical heat pump solution for large facilities, including hotels, hospitals, schools, and restaurants, due to its compact design.