Water Heaters Galore: 3 Types Of Water Heaters To Lower Your Energy Bill

Water Heaters Galore: 3 Types Of Water Heaters To Lower Your Water Bill

Are you in hot water with your utility bills? Replace your old water heater with one of these 3 efficient water heaters to get a grip on your bills again.

Keyword(s): Water Heaters

Water heating is the second-largest expense in your home, accounting for almost 20% of your utility bills. For the energy-conscious (and money-conscious) individual, finding a way to soften the energy bill blow is a must!

Water heaters supply your showers and faucets with warm water straight from the tap, but they’re also a sure-fire way to rack up a bill. Old water heaters, malfunctioning water heaters, or ones that aren’t very efficient will cost you a lot in the long run.

If you’re in need of a new water heater, we’ll take a look at three types that will surely lower your energy bill.Â

The Three Energy-Efficient Water Heaters

For reference, typical (or conventional) water heaters are usually storage tank water heaters.Â

The main premise of this type of water heater is that it features a particular storage tank that is insulated and contains hot or warm water. Therefore, your hot water supply is limited by the size of the tank and it’s not entirely energy efficient either.Â

In fact, if you recently performed a home energy assessment and found you were lacking, this type of water heater may have been the culprit. So, in that case, we’ll take a look at the different types of water heaters to help you out with the energy bill.

1. Solar-Powered Water Heaters

For those of you who are particularly obsessed with keeping your energy bill as low as possible, the solar-powered water heater may be the option for you. It’s easily the most energy efficient of all.Â

With roof-attached solar panels, energy from the sunlight transfers to a heat-conductive material in the water heater tank. Like most water heating systems, this still relies on a tank of water, but it also is dependent on the sun.Â

If you don’t like in a consistently sunny environment, this option might not be the best. Even if you do live in a consistently sunny environment, you’ll want to have natural gas or electric backup options for cloudy periods.Â

Not only is this option the most environmentally friendly, it even scores you federal tax credits!

2. Tankless Water Heaters

If you’re not going the conventional storage tank route, a tankless water heater may be a great energy-efficient option to consider.Â

These systems use coils that fill up with water and heat it almost instantly. Tankless water heaters are sometimes called “hot water on demand.”

They’re also a great option for households that use natural gas to power different types of water heaters.Â

3. Heat Pump Water Heaters

These types of water heaters do utilize tanks for storage of hot water, but they don’t use much electricity at all. These systems transfer heat from the air or ground to the water rather than using electricity to generate heat directly.Â

Because of this, they’re rather energy efficient, although they may be difficult to use in areas where it is too cold for too long.Â

Knocking The Utility Bills Down A Peg

Whether you’re trying to save a buck or two, you want to be more environmentally friendly, or both, water heaters may be able to help you out. Different types of water heaters function differently than others, and therefore, some are more energy efficient than others.Â

Solar powered, tankless, and heat pump water heaters are all great options to consider with different methods and benefits. If you’d like to have your water heater assessed, repaired, maintained, etc., feel free to contact us at Masters Heating & Cooling right away!