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Comparing water heater prices is one of the most important things you do before taking the plunge in buying a new water heater. Nowadays, there are water heaters available that are cheap and inexpensive. However, when choosing a water heater, you mustn't limit yourself to price. You have to consider quality and efficiency. Just by choosing the right water heater, you can actually cut back on a lot of money in the long run. What should I do first in buying a water heater? The first step in going about buying a water heater is determining what type of water heater to buy. Today the most common water heaters are either electric or gas-fueled. There are also water heaters that burn oil, kerosene, and propane. Some could even use wood heat or solar panels in order to heat water. Which type of water heater is less expensive? If you compare the different water heater prices of electric and gas-fueled water heaters, you will see that gas-fueled water heaters are more expensive. A 40 gallon electric water heater can cost you about $319.99 while a 40 gallon gas-fueled water heater can amount up to $419.99. Do I get an electric water heater then? By just looking at the price tag, it wouldn't be hard to be convinced with buying an electric water heater. However, if you really want to save up on your investments in the long run, you have to reconsider your decision and weigh other factors as well. What does that mean? According to the data provided by the Department of Energy during the year 2005, natural gas was found to cost $15.13 while electricity costs $27.26. This is rated by the average dollar cost per million Btus of heat produced. Relatively, using natural gas is by far the most affordable, most convenient and clearly the cheapest fuel used for water heaters. Despite the high cost in purchasing for gas-fueled water heaters, just think about how much you can actually be saving when you use natural gas as opposed to electricity as a fuel for your water heater. What can I do if I still like to purchase an electric water heater? If you opt for buying an electric water heater but you're still tempted by the economical advantages of using a gas-fueled water heater, you can have your water heater converted. You can remove the electric heating element in your water heater and turn it into a storage tank. You can then mount a gas-fired heating unit and attach it to your existing water tank using two inch water lines. You can be experiencing up to three times the heating capacity of a regular electric water heater with this type of water heating system. As a whole, before taking the plunge in buying a new water heater, look beyond water heater prices. Find out what type of water heater is fit for your needs and budget. Although there are several water heaters that are inexpensive, always keep in mind that quality, efficiency, and energy consumption rate are equally important factors to consider too.
By: Ann Triune
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