Next to your air conditioning and heating systems, your water heater is one of the biggest energy consumers in your home. By some estimates, hot water accounts for approximately 12% of your energy consumption, so anything you can do to increase its efficiency can result in some significant savings on your utility bill. While making sure your heater is insulated and reducing your water usage can yield some savings, replacing older models with newer, more efficient units is the fastest way to dramatically lower your energy costs.

Saving Money by Replacing Your Water Heater

Energy Efficiency

Modern manufacturers offer several innovative new products that use half the electricity of traditional water heaters without sacrificing comfort. In fact, some Energy Star certified appliances cost under $350 per year to run, and tankless water heaters cost even less. In general, replacing your equipment is an investment that can quickly pay for itself. Even those without advanced technology run more efficiently than similar models produced a few years ago, and they can save thousands of dollars over the life of the equipment.

Replacing Aging Equipment

Aging water heaters are susceptible to minor mechanical issues that can quickly add up. Purchasing a new water heater allows you to save money that would be spent on keeping old equipment running with frequent repairs—not to mention the damage a failed water heater can cause. In the long run, replacing your water heater before it stops working can be much more affordable than fixing water damage related to corroded pipes or other problems.

As one of the Cincinnati area’s leading plumbing part and equipment suppliers, Withamsville Winnelson offers over 10,000 products from some of the industry’s leading manufacturers. Licensed contractors, builders, and handy homeowners alike can rely on them for a selection of some of the most energy-efficient water heaters and other components in the business—and for the expertise to help select the perfect piece of equipment for any application. Visit their website now for an overview of their products, follow their Twitter for more advice, or call (513) 753-1121 to speak with a friendly member of their team.