Your water heater is one of the most essential systems in your home and the hardest working. You rely on it day and night for your comfort. It heats water for baths and showers, the dishwasher, the washing machine, sink faucets and more. A water heater accounts for about 15% of a home’s energy usage.
A standard tank water heater is a low-cost solution that heats and stores a supply of water. When demand for hot water is high, this supply can run out faster. If your standard water heater is not meeting your needs, it might be time to consider upgrading to a high-efficiency model.
High-efficiency water heaters, such as gas, electric, tankless, or hybrid models, can save you money and reduce your carbon footprint. These more efficient water heaters can save a significant amount of money over the years. They have other benefits as well. Consider the following.
Reduced Energy Consumption
High-efficiency water heaters can reduce energy consumption by 20% or more, depending on the model that you choose. They heat faster than traditional tanked water heaters. You can help reduce your household’s carbon footprint by upgrading to a high-efficiency water heater.
Lower Energy Bills
With reduced energy consumption, homeowners will enjoy lower energy bills. An upgrade to a tankless water heater can save you $100 to $300 per year. Hybrid water heaters offer the highest savings of up to $300 or more.
Long-Lasting Units
A high-efficiency water heater can be a smart, long-term investment. With proper maintenance, it won’t need replacement again for a long time. High-efficiency gas or electric storage water heaters can last 8 to 10 years. Hybrid water heaters can last 10 years and a tankless water heater can last up to 20 years.
Is It Worth It?
An upgrade to a high-efficiency water heater is a more expensive upfront investment. Sometimes the installation requires new gas or electric connections. This can add to the cost of installation. It takes years to see the cost savings add up to the original cost of installation. In the case of electric water heaters, they can be more expensive when energy rates are high.
An upgrade to a high-efficiency water heater may be worth it for you. Is your current water heater costing more in utilities and repairs? Do you notice that the appliance is still underperforming after repairs? If showers run cold midway and water takes a long time to heat up, you may need a new water heater. If you foresee staying in your home for many more years, a high-efficiency water heater may be an excellent investment.
A technician can discuss your options with you. For water heater repairs and installations in Orlando, FL, contact Frank Gay Services.
