Selecting a Hot Water Heater
In selecting a new hot water heater, you must first consider three things; the purchase price, the yearly operating cost and your peak hours hot water requirements.
The purchase price can be reduced significantly by selecting a more energy efficient hot water heater alternative, thereby lowering your fuel cost. In addition, correctly sizing your water tank to meet your needs during periods of highest demand will ensure that you do not purchase more hot water heater than you need. For example, a 40 US gallon high efficiency hot water tank is normally adequate for a family of four or five without running short of water during the busiest times of the day. Therefore, unless you have extraordinary needs, purchasing a 50 gallon water heater could be overkill, costing you more money in both purchase price and energy consumption.
The economically priced water heater at your local hardware might seem to be a good deal, but if it is inefficient, it can cost you a lot more in the long run. In comparison with common, low efficiency hot water tanks, a high efficiency replacement storage tank water heater will save you up to $500 over the water heaters 10 - 12 year life span. A tankless domestic hot water heater will save up to $1800 over its 20 year life expectancy* and some of the latest models in smart hybrid water heaters could save much, much more.
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Rheem Hybrid Electric
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