Insights > Is it time to replace your electric water heater?

Is it time to replace your electric water heater?

08/18/2021

Switching to a high efficiency water heater can save thousands of dollars over the lifetime of the unit.
Switching to a high efficiency water heater can save thousands of dollars over the lifetime of the unit.
Switching to a high efficiency water heater can save thousands of dollars over the lifetime of the unit.
Switching to a high efficiency water heater can save thousands of dollars over the lifetime of the unit.

If you’ve had your water heater 10 years or longer, it’s probably time to think about replacing it — before it fails and you end up with a flooded basement or garage. According to the Environmental Protection Agency, water heating is typically the second largest use of energy in the home, surpassed only by heating and cooling. Switching to a high efficiency model can save thousands of dollars over the lifetime of the unit, and the best time to research and purchase is before an emergency ever happens.

There are many choices when it comes to efficient water heaters. You may find yourself faced with questions like electric or gas? Tank storage or tankless? Whole-home or point-of-use? For the average person, the explanations of how the technology works can be intimidating. The ENERGY STAR® water heaters webpage has simple, clear explanations of various types of water heating technology, including hybrid electric heat pump water heaters, whole-home tankless gas water heaters, solar water heaters and demand hot water recirculating systems.

If it’s not yet time to replace your equipment, the ACEEE Smarter House website lists low- or no-cost options for saving energy and money with your existing system. Simple changes like lowering the temperature setting on your water heater, installing low-flow faucet aerators and showerheads and insulating tanks and pipes can add up to big savings.

Visit our Website to learn how you can make your home more energy efficient and save on your power bill.

 

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Corporate Editorial Team