The cost of heating water consumes almost 20% of your household budget, second only to what you spend on heating and cooling your entire home. Despite that, water heaters are typically ignored!!!
Until they break of course, leaving you with no hot water and, possibly, a flooded basement. With Winter around the corner, this is the best time to take a moment and consider if you should get a new or renew yours.
Choosing a hot water heater is simple, you only need to consider 3 factors which you can read about below, to make sure you get one that is best suited to your specific needs. But first, a quick look at the different types of water heaters.