This question is not simple to answer as there are many different water heaters on the market these days. The average water heater has about a 13-year lifespan, so purchasing a water heater is a commitment and an important decision to make. Each type of water heater offers unique benefits to homeowners, so it is essential to understand water heaters before deciding which type of water heater is right for you.

Gas water heaters can yield to substantial savings in operating costs than electric water heaters for they take about a third of what it costs to heat the same amount of water. However, gas water heaters require larger upfront investment and also a natural gas outlet that some homes need to have installed. Gas water heaters also need to have regular seal maintenance and they need to be vented outside to increase safety in your home. After the initial investment and safety precautions for gas water heaters, they will be more economically and environmentally efficient in the long term.

Electric water heaters typically cost less upfront investment than gas water heaters. They are easier to maintain and don’t require venting or combustibles. But it takes longer to heat the same amount of water than gas water heaters. There’s also a significant impact on your electricity bill if your electric water heaters are not properly maintained or insulated. You may have to consider utilizing alternate source of power such as solar hot water system to help save on electricity.

Tankless water heaters, on the other hand, only heat water at the time you turn on hot water at your faucet, shower or dishwasher. They waste less energy by eliminating the heat lost through the walls of the tank. Tankless water heaters are more efficient because they don’t have to constantly keep a whole tank of water warm. They never run out of hot water so even the last person to take a shower will still have hot water. However, tankless water heaters also have some disadvantages for the homeowner. Tankless water heaters require a minimum amount of water flowing to turn it on. They are typically more expensive than traditional water heaters. In addition to the initial investment, there will be extra costs to install the unit.

No matter which type you choose, your water heater will be one of the most energy draining products in your home. As water heaters became one of our necessities, the only thing we can do to save up on costs is to think hard about what type of water heater is best for us. Think about what your family needs and consult experts before making any purchase. Contact Denham’s Plumbing and Drain Service if you ever need advice on water heating systems and they will gladly assist you in any way they can.