Before deciding which kind of water heater you’d prefer for your home or business, make sure that you do, indeed, need to purchase a new one. Of course, if the storage tank is rusted through with corrosion then you will need a new one. Some water heater repairs are not difficult for a good plumber such as a heating element that no longer works or a leaking pressure valve. When deciding whether or not to repair or purchase, consider the annual cost of repair plus the added energy usage of an older water heater compared with a new, energy efficient water heater.
You will find that new technology has also made improvements into the world of water heaters with options such as solar water heaters and tankless water heater systems. Although more costly to purchase, they promise savings in the long run due to their energy efficiency. Realistically, the amount of savings you will pocket depends largely upon which one you buy and where you live. Your local plumbing contractor will be well informed of all the pros and cons of various systems, so as to best assist you with the right purchase for your individual needs.
While most water tank heaters look alike on the outside, they are not and paying a little more for your heater will get you a better, more energy efficient water heater. Typically, the more costly models will have a longer warranty period, as well as a higher quality of parts such as the heating element. The more costly models will also have thicker insulation, along with a better metal exterior that combats corrosion. Finally, the size of the right water heater for your home or business depends on the number of people that typically use hot water in order to calculated how many gallons of water would be needed per day.
