Get to Know Water Heaters
Types of Water Heaters
When trying to decide what type of electric water heater is right for you, you’ll need to think about the water needs of your home. Typically, for a household with one to four people, a 40 gallon tank works great. Smaller tanks are available, but they often cost the same or more and they may not be insulated as well. For four or more people (or if you’re using your water heater with time-of-day rates) you’ll probably want a larger 60 gallon tank.
Our preferred contractor network can provide advice on which water heater is right for you.
Heat pump water heaters absorb heat from the air and transfer it into your water storage tank. They typically have higher initial costs than conventional storage water heaters, however they have lower operating costs which can offset their higher purchase and installation prices. Heat pump water heaters can provide the same amount of hot water as a standard electric heater while consuming 50%-70% less energy. These are great for homes that are looking to improve their efficiency.
Tankless water heaters are also called “instantaneous” water heaters because they heat water only when it’s needed. As soon as the hot water tap is turned on, the tankless heater engages and immediately heats the water being pumped through it. Since there’s no storage tank involved, the tankless heater will provide water for as long as the hot water tap (or washing machine, or dishwasher) is turned on.
Did You Know?
If you meet the requirements for time-of-day (TOD) rates, you’re able to program your water heater to heat during off-peak times which will save you over 40% on water heating costs. Ask you preferred contractor for more details.