Is it time to replace your home's water heater? (Infographic)
If your heater is more than 7 years old, start shopping now. Look for energy-efficient, certified Energy Star water heaters because new technologies can shave anywhere from 7 to 55 percent off household water-heating costs.
Each year, American homeowners pay $400 to $600 on average, to heat water for their washing, bathing and cleaning. That comes to 64 gallons every day, 365 days a year, or more than 23,000 gallons annually.
Although most water heaters last 10-12 years, it's best to start shopping now for a new one if yours is more than 7 years old, according to Noritz America.
The water heater is probably the appliance least thought about in the home -- until it fails. And when water heaters go bad, many do so in grand (ugly) fashion. Nearly three of every four water heaters fail due to a tank bursting or leaking 30 to 80 gallons of rusty water - depending on tank size - in your finished basement, attic or garage.
There are two basic ways to heat that water: (1) with a conventional storage-tank water heater that's always on or (2) with a tankless water heater that operates only when hot water is needed ("on-demand"). Tankless is a relatively new technology for most Americans, but has been widely used for decades around the world.
Noritz counsels homeowners to choose energy-efficient, certified ENERGY STAR water heaters as new technologies can shave anywhere from 7 to 55 percent off household water-heating costs.
Infographic courtesy of Nortiz America.
Read more about water heaters.