It is no longer a simple task of replacing an old water heater like for like. The older unit that you are thinking of replacing could have been in your home for nearly 20 years. Over this amount of time the way these heaters operate have changed dramatically. Massive advances in technology have even occurred within the last 5 years. So why is it important to make sure that you choose a newer model that could potentially be so different to your existing model? The answer is quite simple in that you will achieve a significant saving on your yearly utility bills and at the same time you will help to conserve the environment.

Builders used to install the cheapest water heater they could find in order to save on their building costs. Although the unit they chose may have supplied your home with enough hot water for the whole family, they may have also cost you hundreds or even thousands of dollars in unnecessary heating bills throughout the years. Therefore it makes sense that you now look for a model that can still supply the hot water demand you require, but also saves you money in the long term. If you choose wisely, the money you save each year will actually pay for the water heater you choose now.

If you are lucky enough to live in a home that is situated in a warmer climate that receives sun for most of the year, you may want to look at buying a solar water heater. The first thought to enter your mind is cost. Yes, they are quite expensive to buy, but did you know that your local government provides tax rebates and subsidies on solar heating? Your supplier will be able to provide further information on these subsidies for you. You will be surprised how much you can actually save on a new solar unit for your home. You can also save up to 90% on your water heating costs which further saves you money on the initial outlay.

Tankless water heaters are also very energy efficient as they only provide hot water on demand. They do not have a large tank of hot water to constantly heat up all day long. The older models were only designed for smaller homes with one bathroom. The newer models can now support larger homes of up to 3 bathrooms or even more when you connect more than one together. You may think that it is expensive to perhaps buy two, but the significant savings in running costs will pay for the two water heaters within only a few years.