Water Heater

Toss Your Old Tank and Try Some New Technology
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Facts: Efficiencies for water heating range from sixty-three to ninety-nine percent, and savings rise quite a bit along with these efficiencies. Upgrading your water heater can save a lot on energy costs and the best lace to start is by examining its efficiency. Energy efficiency is not the same as cost efficiency, and yet electric storage tank heaters have a high EF, it typically costs more to operate; the better economic decision would be an tank with a lower few fuel cost, even if it is a bit less efficient. Also, while all indirect water heaters have a higher efficient rating, they’re actually efficiency depends on the boiler that’s connected to it.

Fix: Try a new water tank – Replacing a tank water heater is basically pretty easy. Due to federal changes, today’s tanks are safer and more efficient. One change is tougher installation, making them slightly larger, so be sure and measure your available space first. The feds have also decreased the BTU input which while increasing efficiency also drops the water heaters recovery rate. End result is you might need to up the storage volume by putting in a 50 gallon model tank instead of a 40 gallon tank.Expect to shell out between $500 to $1900 for a good quality water heater. The range is due to the variety of gas and oil tank style water heaters available.Savings: Switching out an old technology tank with 63% efficiency for a newer one with a 67% efficiency won’t save much, however, upgrading to a 90% efficient model, is moving in the right direction.

Fix: Consider Tankless – Although tankless and tank style water heaters each operate at about 82% efficiency even when their burners are on, tank style water heaters lose a lot of heat during standby which means their true efficiency is about sixty three percent. If a tankless model is installed and the same number of gallons of hot water are used, you could save nineteen percent. But there is a catch: because you don’t need to worry about running out of hot water with a tankless, some people start to use more hot water, erasing any savings. Used wisely though, tankless models can be more efficient than tank style water heaters plus save money.Savings: A lot of people switch from tank to tankless for the endless supply of hot water – not the cost savings. The total cost of replacing a tank water heater with a tankless ranges from $1500 to $2900. If you show some restraint with your hot water use and get a 19% savings, you could save about $76 on a yearly water heating bill of $400.

Fix: Get Excited by the Sun – Solar hot water systems provide basically free hot water, but at an upfront cost that might appear too steep: $6000-$12,000, on average. Perhaps that’s why the second solar is mentioned everyone asks about the payback period.As it stands the federal residential tax incentives for solar installations is equal to thirty percent of the systems cost, or $2000. Solar hot water systems fall into 2 categories: flat-panel and vacuum tube. Both systems work well if properly installed and both can last a full 30 years.Savings: A 30 vacuum tube system can provide nearly 80% of a typical homes hot water needs. The return on investment would be about twelve years.
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