Replacing your water heater can be troublesome and sometimes, the best thing that anyone can do is to replace their old unit with a near identical unit. But today, there are several units with viable fuel choices available, each designed to meet the different needs of different individuals.
It’s wise to browse through the different types of power source options for your water heater so you will know how to maximise them and their features. Listed below are some of the most common power source options.
Traditional gas powered water heater
First off you have your traditional water heater, which is powered by gas. This is often the best choice if you’re replacing your old gas storage unit and you’re satisfied with the way it’s delivering your hot water. A high efficiency model can help you save as much as 7% on your water heating bills.
Tankless water heater
Then there’s another type of gas powered water heater, but this time, it’s tankless. A tankless water heater battles the issue of running out of hot water and has a longer lifespan than your traditional water heaters. It also helps reduce your water heating bills by as much as 30% if you are willing to make the necessary upfront investment because these can be a little pricey.
Condensing water heater
The third type of gas powered water heater is the condensing type, which is perfect for you if you plan on renovating your home or undertaking a new construction project. Like the tankless water heater, it can also help you save up to 30% on your water heating bills but it requires a greater upfront investment because you need a special venting and condensate drain for this type of water heater.
Electric water heater
Next, you have your non-gas power sources. First off is the electric water heater which is expensive to operate without a heat pump. A water heater with an electric heat pump can cut your water heating costs in half. You only need space for a condensate drain if you opt for an electric heat pump-powered water heater.
Solar powered water heater
Lastly, you have the solar powered water heater and this is often the best choice for people whose homes get plenty of sun. By using renewable energy, you can cut your water heating costs by as much as 50%. The only downside to the solar powered water heater is that it can be demanding when it comes to maintenance and you need to have a back-up power source like a generator for periods of extended cloudiness.
If you want to know more about these different water heaters, get in touch with a plumber.