According to data, water heating is responsible for approximately 20% of your home’s energy use.

Figuring out what kind of water heater to buy for your home can be confusing. You have so many options, and each has its own benefits and drawbacks.

But don’t worry. Keep reading for our complete water heater buying guide that will help you figure out which type of water heater is best for your needs.

We’ll walk you through the different types of water heaters, help you decide which one is right for you, and show you how to buy a water heater.

Tankless Water Heaters

The main argument for this kind of system is that it gives an endless supply of hot water. But if more than one person in your home needs a hot shower, you may end up with warm or cold water.

Traditional tank-style heaters typically cost more upfront but they pay off over time by saving on energy costs and lasting longer. Tankless heaters usually last about 10 years, while tank models can last as long as 20 years.

Heat Pump Water Heaters

This heater uses electricity to transform liquid refrigerant into gas and then traps it. The gas is then sent through the heat exchanger and transfers its heat to water tubing, which releases steam into the air.

A fan forces air past these tubes so it can pick up the warm air and distribute it throughout your home.

Heat pump water heaters are cheaper than other options in the long run because they cut down on energy costs.

They also have a lower environmental impact since they use about 30% less electricity when compared with electric resistance models, but higher operating costs because they rely on electrical power for heating.

When it comes to installing a water heater, it’s always best to hire a professional. It’s a very complicated process, and mistakes can be costly.

Comparing Conventional vs. Condensing Gas Water Heaters

On the surface, it would seem those condensing gas heaters are more efficient than conventional models. This is because they recover more of their input fuel’s heat in the combustion chamber.

But there are other factors to consider before deciding which kind you should get.

The higher upfront cost for this technology makes them more expensive to purchase initially, but they also have lower energy costs over time compared with conventional gas water heaters.

They also don’t take much space. About one square foot is required, so you may need to change the location of your water heater if you currently have something elsewhere it would fit best.

Choosing Between Electric and Gas Water Heaters

There are pros and cons to both that will affect your decision depending on your specific situation. Electric heaters, for example, cost less than their gas-powered counterparts since they don’t require any fuel.

Because of this factor, some people assume they’re more environmentally friendly, but there are going to be costs associated with providing a power source which may make them not as efficient.

In addition, electric heaters also have a lower upfront cost compared with gas models and can even cost less to operate each month because of their reduced energy needs over time.

Implement the Tips in This Water Heater Buying Guide Today

So, what type of water heater should you buy for your home? That depends on a few factors, including how much hot water you use and your climate.

But, we hope that this water heater buying guide has given you the answers you were looking for.

Want more home improvement articles like this? Check out our blog!