Slash Your Bills With This Water Heater Cost Estimate

Types of Water Heaters

There are several types of water heaters available, each with its own set of advantages and considerations. Conventional storage water heaters are the most common and store a reservoir of hot water, ready for use. These are generally less expensive to install but may incur higher energy costs due to heat loss. In contrast, tankless water heaters heat water on demand, eliminating standby losses and offering a more energy-efficient solution. Heat pump water heaters and solar water heaters are other alternatives, each providing unique benefits in terms of energy savings and environmental impact².