Starting April 16, 2015 an update to the National Appliance Energy Conservation Act will require all new water heaters to be more energy-efficient, which will make buying a new water heater more expensive.
While the U.S Department of Energy says the new standard will save about $63 billion in energy bill savings over the next 30 years; the changes will cost consumers more money when purchasing a new water heater. The energy improvements to the new water heaters will cost consumers 15 to 35 percent more; the cost of installation and maintenance will also likely increase.
The new water heaters will be taller and wider than older units, depending on where your current water heater is, you may have to move it to a location with more room. You may also have to modify the water heater exhaust system to accommodate the new heaters larger size or install a space saving tankless water heater instead.
In the long run, you’ll save energy; in the short run, it will cost you more money to replace your water heater after April 16th!! If you think you need a new water heater, call us today and get one installed now before the more expensive options kick off in April.