Considering water heater prices is one of the major actions to make before finally buying a water heater. With the many water heaters available in the market today, it is wise to choose not only affordable ones, but also those that give you superior quality. Besides, in the long run, choosing the right water heater could be saving you a lot of money.
What should I do first in buying a water heater?
The first step in going about buying a water heater is determining what type of water heater to buy. Today the most common water heaters are either electric or gas-fueled. There are also water heaters that burn oil, kerosene, and propane. Some could even use wood heat or solar panels in order to heat water.
Which type of water heater is less expensive?
By comparing the water heater prices of gas-fueled and electric water heaters, you will find that electric water heaters are less expensive. All things relatively equal (brand, features, style), a gas-fueled water heater can cost about $50-$100 more than an electric water heater.
Does this mean I should get an electric water heater?
If you base your purchase simply on the price tag, then yes you can buy an electric water heater. But if you really want to make a significant difference in your investments in the long run, you will have to look beyond the price and reconsider your decision.
What does that mean?
For every million Btus of heat produced, the average dollar cost of natural gas was found to be at $15.13 while electricity was found to be at $27.26. This is according to the 2005 data provided by the Department of Energy. This shows natural gas is the cheapest and most convenient fuel used for water heaters.
Although gas-fueled water heaters can cost you about $100 more than electric water heaters, just think about how much money you will be saving in the long run by using natural gas fuel.
What can I do if I still want an electric water heater?
There is a way for you to enjoy the economic advantages of using a gas-fueled water heater even if you're using an electric water heater. You can remove the electric heating element in your water heater, thereby converting it into a mere storage tank. Afterwards, you can attach a gas-fired heating unit to your existing water tank using two inch water lines. With this type of system, you can be experiencing three times the heating capacity of a regular electric water heater.
As a whole, before taking the plunge in buying a new water heater, look beyond water heater prices. Find out what type of water heater is fit for your needs and budget. Although there are several water heaters that are inexpensive, always keep in mind that quality, efficiency, and energy consumption rate are equally important factors to consider too.
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