When it comes to water heaters, the most common ones we see installed in households are the storage and tankless water heater. When you buy hot water heater, you will need to consider the size of your family and lifestyle to get the right type. Some people buy gas water heaters because the costs are cheaper in the long run, while others purchase an electric powered water heater because they do not need a high supply of hot water during the day.
Some of us choose an electric water heater because it is cheaper upfront. You can purchase this type of water heater for around $300 – $400. If you have a small family or if you live alone, this type of water heater will work best for you. It will not take up any of your floor space as it can be installed on your wall. If you have a large family, then a gas water heater will work best. Gas is less expensive than electricity, thus, water heating expenses are low. Another great feature of a gas water heater is that you will not run out of hot water even when there is a power disruption. There are also solar powered water heaters available in the market wherein solar panels are placed on your roof to collect energy and heat up the water inside a tank.