Plan the Purchase of a New Water Heater

Most people shop for a new water heater when their old one fails, which is understandable. Who wants to even think about spending money replacing something that still works? The problem with that approach is that when it fails, you are out of hot water and under time pressure to get a new one installed right away.If your water heater is more than ten years old, doing some research now, before your heater fails, will enable you to select one that best suits your needs. Life expectancy for electric water heaters is about 14 years, and gas units range from 11 to 13 years depending on the type of water heater lining and water quality.

Before selecting a new water heater, the size of the family, the size of the bathtubs, and the size of the budget are just three factors you'll need to take into consideration. You'll want one sized to provide enough hot water, and look for the more energy efficient models. They usually cost a little more, but the extra dollars up front come back to you every month in the form of lower operating costs. For big families or large homes with high hot water demand, look for units that have fast recovery rates. Also, check the unit's EnergyGuide label that enables you to compare that model with other similar models and get a feel for what its annual operating costs are likely to be.