If your water heater has a 12-year warranty and it’s been in service for 15, it might be time to get a new one. In homes with hard water, which can be tougher on water heaters, a heater may fail within the warranty period.
If you haven’t replaced your water heater in a few years, you’ll find more choices—and more energy-efficient regulations—so do your homework. You may have to spend more up front for a model that will save you money over time.
Water heating amounts to nearly 20 percent of a home’s energy costs. As the result of new efficiency standards, water heaters under 55 gallons will see about a 4 percent boost in efficiency, while water heaters 55 gallons or more may cut your utility bills by 25 to 50 percent depending on the technology used.
It’s wise to consult a professional or a manufacturer to fully understand the new regulations. Note: We don’t currently have Water Heater Ratings, but are able to offer this buying guide, which contains helpful tips and advice.