Are you tired of constantly spending money on high energy bills? Are you looking for ways to save money in the long run? Well, look no further because we have the solution for you - water heaters! Yes, you heard it right. Water heaters can actually help you cut down on your expenses and keep more money in your pocket. So, let's dive into what you need to know about water heaters if you want to save money in the long run.
5 Things You Should Consider Before Purchasing a New Water Heater
1. Tankless versus storage tank water heaters
When it comes to choosing a water heater, you have two main options -- tankless or tank water heaters. Tankless water heaters, also known as on-demand water heaters, provide hot water instantly without the need for a storage tank. This means you only heat the water you actually use, resulting in significant energy savings. On the other hand, tank water heaters store and heat a large amount of water, which can lead to standby heat loss and higher energy bills. So, if you want to save money, consider switching to a tankless water heater.
2. Gas versus electric water heaters
Another important factor to consider when choosing a water heater is the type of fuel it uses. Gas water heaters are known for their efficiency and lower operating costs compared to electric water heaters. Gas is generally cheaper than electricity, so you can save quite a bit on your energy bills by opting for a gas water heater. However, if you don't have access to a gas line or prefer the convenience of electricity, there are still energy-efficient electric water heaters available that can help you save money in the long run.
3. Lifespan of a water heater
Understanding the lifespan of a water heater is crucial when it comes to budgeting for replacements. On average, tank water heaters last around 10-15 years, while tankless water heaters have a longer lifespan of 20+ years. Investing in a durable and long-lasting water heater can save you from the frequent expense of replacing your unit.
4. The need for a mixing valve
A thermostatic mixing valve is a special plumbing device that is installed either at or near your water heater. This valve has separate inlets for hot and cold water, and its main function is to regulate the temperature of the water that comes out of the valve, specifically in the case of the water heater.
Why is this a beneficial addition? If you've ever experienced the surprise of scalding hot water while using a shower or sink faucet, you'll easily understand the advantages. The thermostatic mixing valve prevents scalding by effectively blending the right proportions of hot and cold water before it reaches the outlet. Therefore, installing a mixing valve to your water heater can be a wise safety measure, especially if you have children or elderly individuals in your household.
5. Rebates available for new water heaters
Did you know that you may be eligible for rebates when purchasing a new water heater? These rebates can help offset the initial cost of a new water heater, making it even more affordable and allowing you to save money in the long run.
Conclusion
In conclusion, if you're looking to save money in the long run, water heaters can be your secret weapon. By choosing the right type of water heater, considering the fuel source, understanding the lifespan, and taking advantage of rebates, you can significantly reduce your energy bills and keep more money in your pocket. So, why wait? Start saving today with an energy-efficient water heater!
