Looking Beyond Water Heater Prices When Making a Buying Decision
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When making a buying decision on a water heater, one of the most important factors that affect this is water heater prices. There are many water heaters available nowadays which offer a wide price range. They could go as cheap or as expensive, depending on the brand. When choosing a water heater, it is best to choose not only those that fit within your budget, but also those that give superior quality and efficiency. By choosing the right water heater, you could be saving a lot of money in the long run.
What is the first step in buying a water heater?
The first thing you should do is identify what type of water heater you want to buy. Water heaters are either electric or gas-fueled. A small percentage of water heaters also use kerosene, propane and oil. There are also some that use wood heat or solar panels to heat water.
What type of water heater is more affordable?
By comparing the water heater prices of gas-fueled and electric water heaters, you will find that electric water heaters are less expensive. All things relatively equal (brand, features, style), a gas-fueled water heater can cost about $50-$100 more than an electric water heater.
Does this mean I should get an electric water heater?
If you base your purchase simply on the price tag, then yes you can buy an electric water heater. But if you really want to make a significant difference in your investments in the long run, you will have to look beyond the price and reconsider your decision.
What does that mean?
According to the data provided by the Department of Energy during the year 2005, natural gas was found to cost $15.13 while electricity costs $27.26. This is rated by the average dollar cost per million Btus of heat produced. Relatively, using natural gas is by far the most affordable, most convenient and clearly the cheapest fuel used for water heaters.
Despite the high cost in purchasing for gas-fueled water heaters, just think about how much you can actually be saving when you use natural gas as opposed to electricity as a fuel for your water heater.
What can I do if I still prefer having an electric water heater?
If you opt for buying an electric water heater but you’re still tempted by the economical advantages of using a gas-fueled water heater, you can have your water heater converted. You can remove the electric heating element in your water heater and turn it into a storage tank. You can then mount a gas-fired heating unit and attach it to your existing water tank using two inch water lines. You can be experiencing up to three times the heating capacity of a regular electric water heater with this type of water heating system.
Overall, before you finally decide in buying a new water heater, make sure to consider other factors than the water heater prices. You must have to first identify what type of water heater suits your need and budget. And always keep in mind that although there are many water heaters that are affordable these days, what matters most is how efficient they are.
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Posted on December 1, 2008
Filed under: , family, Gadgets, home, home accessories, Product Reviews, water heater prices