Your home’s water heater can contribute up to 35% of your monthly power bill. The energy efficiency of this appliance is crucial to limiting the impact that your home has on the environment. It is also a major player in how much money you spend on bills each month. It is difficult to think about living without hot water and I doubt many people would volunteer for it, even if it meant saving money. Instead, the next best thing is to purchase an energy efficient water heater.
On April 16th the National Appliance Energy Conservation Act will implement several changes with regards to all residential water heaters powered by oil, gas, or electric. These changes will dramatically improve the energy efficiency of all units sold from April 16th on. In fact, it has been estimated by the US Department of Energy that from 2015 to 2044 US homes will see a cumulative savings of $63 billion dollars on their energy bills.
Your water heater’s energy efficiency (EF) is based on how much hot water is produced per unit of fuel used over a given day. The EF is calculated either by recovery efficiency, which is how a measurement of how quickly the heat is transferred to the water, by standby losses, which is the percentage of heat loss per hour from the stored water, or by cycling loss, which is the loss of heat as the water circulates through the tank.
Some of the ways these new regulations might impact you:
If you are in the market for a new water heater and purchase one after April 16th, you will immediately see a dramatic savings on your power bill once the new unit is installed
The new water heater units are much more energy efficient, however, they are only about two inches bigger than existing water heater units making them easy to install in the current place you have your water heater. The only time this will not be the case is if the location of your water heater is small and does not allow for any expansion.
If you are interested in purchasing a new water heater in an effort to improve the energy efficiency of your home, you may have some questions. You can visit the National Appliance Energy Conservation Act website for more information or, you can contact our office.