Factors To Consider When Shopping For A Modern Water Heater
- Price – The tankless unit is one of the most expensive types of water heater. The conventional storage water heater costs between $500 and $3,500 for multi-story homes. The tankless solar water heater can cost as much as $13,000 or as little as $1,700. It is easy to see why consumers choose the conventional unit more often than the tankless unit.
- Size – A licensed plumber can help determine the appropriate size of a water heater for your home. Keep track of your daily usage of hot water to ensure the water heater is properly sized for your home.
- Fuel Type – Most water heaters are powered by electricity. Less common models are powered by solar, natural gas, geothermal energy, propane, and fuel oil.
- Energy Efficiency – Most modern water heaters operate efficiently. The top brands utilize less energy which equals more cost savings.