Are you anticipating having to purchase a new water heater? The project requires a significant financial investment, so it pays off to consider all of your options. Today, there are often better alternatives to the standard storage tank-type water heater, which used to be the sole standby system from which most homeowners had to choose. While manufacturers have made advancements to improve their efficiency, you should also consider heat-pump and tankless water heaters.
Storage Tank Systems
It used to be that storage tank water heaters were a necessary evil. While they got the job done, the systems were also huge energy wasters. The energy they consumed to keep a large tank of water at-the-ready meant less return for your energy dollars.
Today, however, it's possible to invest in a high-efficiency gas- or electric-powered water heater that employs high-performance tank insulation — the key to reducing waste. Talk to your local water heater expert to determine the right size tank for your home and the efficiency rating that meets your budget.
Heat Pump Heaters
A great option for homeowners living in warmer climates, the heat pump water heater bypasses the need to generate energy from scratch. Instead, they find energy outdoors and use it to power the system. As a result, heat pumps often outperform standard water heaters due to their efficient operation. According to the Department of Energy, heat pump heaters can perform two to three times more efficiently than conventional water heaters.
Tankless water heaters are another innovative technology that makes wise use of energy. Gas- and electric-powered tankless units can be installed at the point of application (for example, in a bathroom to supply water to the sink, toilet and shower) or as a whole-house solution. Instead of holding water at a certain temperature so that it's ready for use, a tankless unit heats water instantaneously, or as you need it. When you turn on the tap, the water moves through the tankless water heater, the heating element quickly heats the water, and then it comes out of the sink warmed for your use.
To get the most out of your investment in tankless systems, work with your local water heater expert to install the right-sized system at various points of application throughout the home. Installing multiple systems is the best way to avoid a lag in heated water delivery and ensure sufficient water supply throughout the home's applications.
Making a Choice
The best choice for your home involves considering energy source and price, selecting the most cost-effective option for your region and calculating return on investment. The lowest-priced system may mean investing less money upfront, but you'll generally have to put out more money over the life of the system. Conversely, higher priced, high-efficiency systems may cost more to purchase, but they'll deliver lower operating costs over their lifetime.
For answers to your questions, contact the Pink Plumber today. We're happy to help you with choosing a water heater that's right for your home.