Did you know that heating water in your home costs you about 15% of your energy bill? While this may not sound like a lot, that can add up over time. With high efficiency water heaters, you can save a great deal of money on y our utility costs, both for water and the heating process. What kind of water heater can help reduce your energy usage?
The typical water heater has a storage tank which holds anywhere from 20 to 80 gallons of water that it must keep heated at all times, whether using gas or electric power. This means the energy is used constantly to keep the water warm. However, with choices like tankless water heaters, heat pump water heaters, and solar water heaters, you can reduce your energy usage anywhere from 40-90% on heating water.
Advantages of High Efficiency Water Heaters
- Tankless (On Demand) Water Heaters – These heat water only when you turn on the hot water tap, meaning the energy consumption is not constant. This also means you have hot water all the time, never running out as with a water heater tank.
- Heat Pump – Rather than running power to the tank, the system uses heat from air around the tank to transfer to the water so it is much more efficient. This type of water heater is best in a mild or warm climate.
- Solar – Using the power of the sun to heat water almost negates any need for electric, gas or other fuels to the water heater. While the initial cost of installation is higher, you save more in the long run.
Metrics to Look At
When determining which of the types of high efficiency water heaters is best for your home, consider not only initial cost and savings, but also the FHR (First-Hour-Rate) which tells you how much hot water will be available during the most used hour of the day, and the EF (Energy Factor), listed by th EnergyGuide label. Higher numbers equal more efficient water heaters.
Power Usage Reduction (Over Traditional Water Heaters)
- Tankless Water Heaters – 40=60%
- Heat Pump Water Heaters – 50-70%
- Solar Water Heaters – 70-90%
Think of all the money you’ll save by installing high efficiency water heaters in your home! And as a bonus, you’ll be helping to conserve and save the environment. Learn more about these water heaters, and start saving today!