What is the most cost-effective hot water system in Australia?
Hot water is so essential in every home that we seldom think about it unless it needs repair or replacement. But if you get to choose the most cost-effective hot water system, what do you look for?
Water heaters contribute significantly to energy costs in most households, so a careful decision can make a difference for a decade or more.
Storage Vs. Continuous Flow
The first consideration is if you want a storage tank or a continuous flow unit. Storage tanks use electricity or gas to heat the water as it is stored in a large tank. A continuous flow, or instantaneous system, doesn’t store the heated water. As the water flows past the heating unit, it is warmed on demand as you use it meaning you only pay for the hot water you use and no wastage.
The type of unit you choose contributes significantly to the initial purchase price and the installation fees.
Power Source
The power source is another major consideration when looking at water heaters. Both storage and continuous flow systems are available in gas, electric, heat pumps and solar powered versions.
Gas hot water systems
Gas hot water heaters heat water quicker than electric systems. Natural gas heaters produce fewer greenhouse gases than electric systems from a non-renewable source, but more than renewable electricity.
Electric hot water systems
Electric hot water heaters are usually the least expensive to buy, but the most expensive to run.
Heat pump hot water systems
A heat pump hot water system can be up to three times more energy efficient than a conventional electric water heater. They still use some electricity to power the system however are significantly cheaper to run then a standard electric hot water system.
Solar powered hot water systems
Solar hot water systems are considered the most energy efficient solution for hot water. Often far more expensive to buy, some homeowners have enough energy savings to have the system eventually pay for itself.
Ember Plumbing provides expert advice for choosing the best and most efficient system for your home. Call Ember Plumbing for an assessment: 0477777301