Most Efficient Water Heater
If you are in the market for a water heater, you may be wondering which kind is the most efficient water heater.
Since heating water is the third largest energy usage cost in the home, it makes sense to choose the most efficient water heater possible. Many individuals make the mistake of purchasing the cheapest water heater instead of taking the overall cost into account.
Knowing how much it will cost to operate your water heater is an important factor. If you look at the Energy Guide sticker that is affixed to many appliances, you will see the estimated cost of usage the appliance will cost you annually. You also need to take into account installation charges, unless you plan to install the appliance yourself.
Many water heaters with higher upfront costs actually prove to lower utility costs, making them more efficient to use than their cheaper counterparts.
One example of this is tankless water heaters. Although they cost much more than standard models, they are much more efficient as they do not store hot water, but provide it on demand.
Not only are you guaranteed an endless supply of hot water, but you will no longer have to pay to store hot water like you do when you have a water heater with a storage tank.
Many individuals choose to switch to a more efficient water heater when it is time to replace their old one. However, another thing you will want to take into consideration is the cost of any modifications that may need to be made to accommodate the new water heater. This is often the case with the tankless kind. Although they take up far less space, often, new gas lines have to be run.
One of the best ways to find the most efficient water heater is to compare the models for your source of energy. Whether you buy a gas, electric, or one of the tankless models, compare brands and models and look at the energy ratings of each one.
By being proactive and doing the research before you actually need a new water heater, you can ensure that you find the most efficient model for your source of energy.
