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When reviewing the current water heater marketplace and analyzing their options, homeowners must address specific performance factors that may affect their purchase decision. There are advantages and disadvantages to both gas and electric water heaters, which is why it is important to analyze the major differences and make a decision according to personal purchase objectives. In this article, the team at Edwin Stipe, Inc. will analyze gas vs. electric systems for those considering future water heater installation work.
Installation costs are a leading consideration for the modern consumer. Installation of electric water heater systems tends to be approximately $100 more expensive than the installation cost for gas water heater systems. There are also numerous mitigating factors that can affect pricing. For example, homeowners converting a gas water heater to an electric water heater will have to pay an additional conversion fee. This fee covers the cost of installing a breaker and running electrical wire to the water heater.
In terms of efficiency, electric water heaters offer clear performance advantages. That’s because all of the energy used within the system goes to producing heat. Within gas-based water heater systems, the level of performance efficiency varies greatly depending on the product style. And so it’s imperative that homeowners considering gas systems first examine the efficiency ratings of their selected products.
Maintenance Costs
Based on current market values in North America, gas heaters cost less to operate than electric heaters. This is due to the rising price of electricity within the marketplace and the difference in pricing between gas and electricity.
Lifetime Value
Studies continue to show that electric water heaters have a longer lifetime than gas water heaters. On average, the life expectancy of a gas water heater is between 6 and 8 years and the average life expectancy of an electric water heater product is between 8 and 10 years. This means that those looking to make a longer term investment might consider electric systems an ideal choice.
One of the leading disadvantages in the installation of an electric water heater is the product’s slow recovery rate. A gas heater can heat a 50-gallon tank in about an hour, whereas an electric heater system will typically take several hours to recover the same 50-gallon tank. This means that homeowners may discover significant lags in heating time when using electric systems. In addition, electric systems require a constant stream of electricity in order to operate. In the event of a power outage, these systems become inoperative.
By reviewing the various advantages and disadvantages to the various models on the marketplace, homeowners can make a prudent decision on their choice of home water heater. To learn more on the selection process, contact the experts here at Edwin Stipe, Inc. today at (877) 337-8473.
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