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hot water heater installationWater is an essential expense for homeowners, but little things can pile up and result in higher spending. But fixing small issues and improving structures like your hot water heater can save you a lot of money.

That being said, you can also end up making some serious mistakes and spending more money if you’re not careful. Here are a few important selection criteria to help you avoid potentially purchasing the wrong hot water heater.

Current Water Heater
When was your last hot water heater installation? Knowing the age of your water heater is essential because it can help you determine whether or not you’ll actually need a new water heater in the first place. If your water heater is more than 10 years old, you should definitely consider replacing it. In addition, if hot water heater repairs or other plumbing issues have become more frequent over the last few years, you should definitely consider purchasing a new heater.

Once you’ve decided that hot water heater replacement is the best option, size is the first factor to consider. Is your current water heater too big? Too small? Take recent lifestyle changes and potential future changes into account before you purchase a new hot water heater. For example, if your children have all moved out, but you want to sell your home, a bigger water heater might be ideal for a future family living there.

Energy Efficiency
This is truly an age where people are focused on greener, more sustainable living. Not only does energy efficiency make your home more sustainable, it makes it more affordable. Make sure you’re properly informed of energy efficient brands so you can pick the best water heater for your home.

Fuel Type
Fuel type plays a big part in energy efficiency, as it will determine how much actually running your water heater will cost. Annual costs will be determined by your water heater’s fuel source, as well as its efficiency.

Hot water heater installation is definitely a big undertaking, but combining it with small plumbing services and repairs — which can save you up to 10% on your water bills — could lead to a more efficient home. Don’t forget to consider these things before you buy a new hot water heater.