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The water heater is an essential household appliance no modern home can do without, but it is also one of the most wasteful amenities in the entire house. It is therefore important to take several key factors into consideration before settling on a new water heater, as not only do you want the new unit to satisfy the needs of your entire family, but it should also achieve this through eco-friendly means with reduced resource expenditure and decreased utility bills. Here is the essential guide that will help you choose the perfect water heater for your home.

Types of water heaters

In the modern world, there are always multiple options to choose from, and the water heater market is no different. It’s always a good idea to familiarise yourself with the different types of products before labelling anything as a good or bad choice. First you have the traditional, tank storage water heater that offers a ready reservoir of hot water.

You also have the tankless or demand-type option if you are lacking in free space needed to store the tank. The solar water heater converts the energy of the sun into electricity that heats the water, while the heat pump water heater moves the heat from one place in the household to another instead of producing heat directly. You also have the option of installing an indirect water heater to use the space heating system in your home to generate hot water. With these options laid out, it’s time to figure out the best option for your home.

Choosing the perfect fit

When assessing the cost-effectiveness of different options, there are several crucial selection criteria you should follow. Firstly, and most importantly, you want to choose the adequate fuel type. This entails the availability and cost of your preferred energy source, whether it be electricity, gas, or other. We will address this step in more detail later.

Next, consider the size of the water heater. When deciding on the size, it’s important to factor in your current requirements, but also your plans for the future. This is imperative if you have a growing family. Next is energy efficiency. Eco-friendliness is not only important in the modern world for the preservation of the environment, but also for the optimisation of your monetary outlay on an annual level. This leads us to the cost criterion. Be sure to estimate the annual operating costs and compare them with other options.

Consider the optimal fuel type

Fuel type is by far the most important criterion that encompasses all other features. One of the most widely used energy types is electricity, and a contemporary electric storage hot water system comes with eco-friendly features such as reduced energy consumption and complete programmability, so that you can tailor the usage to your liking.

Among other fuel types you can use, there’s fuel oil; however this option usually has limited availability. Next is geothermal energy, which can be easier to obtain, although it requires a pre-installed geothermal heat pump system. You can also choose to power your heater with natural gas, propane, or solar energy. Be sure to assess the costs of installation, the required additional features, and the costs of fuel consumption before you decide on the best fuel type.

Don’t forget to compare options

In case you have more than one fuel type available in your area, it can be hard to decide on the perfect solution for your specific needs. That is why comparing your preferred solution with different options is a great way to make a prudent decision. You might not even be in the market for a new heater, but you realise that a different fuel source would be a better long-term solution, so getting in touch with your utility is a good idea to find out the exact rates and current costs.

Water heaters come in all shapes and sizes, and deciding on the perfect heating system for your home will greatly impact your annual budget. Before you make a decision, be sure to follow this simple guide to make a calculated purchase that will benefit your home, your family, and your future.