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Look Beyond Water Heater Prices When Buying A New Water Heater

Feb 18, 2008
Considering water heater prices is one of the major actions to make before finally buying a water heater. With the many water heaters available in the market today, it is wise to choose not only affordable ones, but also those that give you superior quality. Besides, in the long run, choosing the right water heater could be saving you a lot of money.

What should I do first in buying a water heater?

Before anything else, you should determine what type of water heater you want to have. You can choose between an electric or gas-fueled water heater. There are also water heaters that burn oil, kerosene and propane to heat water. Some use solar panels and wood heat.

Which type of water heater is less costly?

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?

Yes, just by looking at that, you might as well be investing into electric water heaters. However, if you look beyond the price tag and see the investment you'll be making in the long run, you would be reconsidering 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.

So even if gas-fueled water heaters cost more than an electric water, just think about how much you can actually save in the long run by using natural gas fuel.

What can I do if I still prefer having an electric water heater?

If for some reason, having an electric water heater appeals to you more, you can still enjoy it and at the same time take advantage of the economy of using a gas-fueled water heater. There are products available that allow you to do just that. This works by removing the electric heating element in your water heater, turning it into a storage tank. A new gas-fired heating unit is then attached to the existing water tank using two inch water lines. With this system, you can experience three times the heating capacity of a standard electric water heater.

As a whole, before taking the plunge in buying a new water heater, look beyond water heater prices. Find out what type of water heater is fit for your needs and budget. Although there are several water heaters that are inexpensive, always keep in mind that quality, efficiency, and energy consumption rate are equally important factors to consider too.
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