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If you intend to install a new water heater, it is important that you obtain the necessary information to ensure you make the right decision. There are many factors that will affect your buying decision like the fuel source, size and even the amount of water that your home will use. Without a thorough research, these factors can affect your maintenance needs and finances. While the selection process might be daunting, keeping yourself informed ensures you are getting good value for money.
Keeping pace with technology
Many changes have been made in modern water heaters. Today, they have become more efficient because of technological enhancements. These improvements are not only for aesthetic purposes. Manufacturers have also ensured they meet the latest EPA standards. If you want to replace your old water heater, the first thing you want to know is whether or not you should get the same model.
If your old water heater meets your needs, buying the same model can be a good option. However, you also have to think about the permits and regulatory problems you used to face with your old unit. Replacing your unit with an older model will not only double the price but also make the installation process more challenging. Be sure to ask a professional so you can make an informed buying decision.
Choosing between tankless and traditional heaters
Both options have their own pros and cons. For tankless water heater, the initial installation cost can be much higher compared to installing a traditional water heater. However, the numerous benefits they bring eventually outweigh the cost. Tankless water heaters are also known as on-demand water heaters. They are a popular choice among homeowners because of their efficiency. These heaters produce water by heating it via an exchanger. The heated water is delivered directly where it is required. The beauty of tankless water heaters is that they do not have to store water like a traditional unit does.
One of the primary reasons many homeowners invest in a tankless water heater is because of its energy efficiency. Compared to a traditional model, you can save more from using a tankless model than a traditional unit. It has its own disadvantages. The purchase price is one of its drawbacks. You will need to spend up to $4,500 for installing a tankless unit. If you are willing to make a good investment, a tankless water heater is a great option for you. This model also complies with EPA guidelines.
As for traditional water heaters, one of the advantages of owning one is that it has lower installation cost. You can install a traditional model for as low as $500. However, it can have a great impact on your energy bill as it uses more energy than the tankless unit. Regardless of your hot water usage, you will still have higher utility bills because of the manner in which heated water is stored. It can also be challenging to store a traditional water heater if you have limited space.
Does the size of water heater matter?
In most cases, homeowners are concerned about the size of water heater. While size matters, you should also take the first-hour rating into consideration as this is as equally important as the size. You can find this value on the energy guide of your tank. Retrofitting the tank is also required during the installation. Make sure that water heater repair professionals make a full assessment of your space taking building codes and guidelines into account.
Never commit to buy a new water heater unless you know the requirements in installing it. If you want to install a natural gas tankless heater, you should keep in mind that you need a larger gas line, new water lines, new flue and additional electrical line. For an electric tankless model, you need additional electrical work. Due to these extras, the installation cost can increase from $4,500 to $8,000. If you own a tankless water heater, you should also flush it out twice a year with the use of descaling agent.
Weigh your options before you make a decision. New technologies promise to use less energy, making the initial installation cost a great investment. Doing the math will help you analyze if you are making the right choice.