How Much is Your Old Hot Water System Costing You?

Hot water is something we take for granted in our homes, and we don’t pay too much attention to the system unless something goes wrong or until we find that we are paying very high electricity bills for it. Heating water is a significantly heavy drain on energy consumption, equating to about 25% of all household power usage. Most homes have older systems that are outdated and are power guzzlers that can considerably increase your energy bills. This also means your hot water system costs you far more than it should.

The general rule is that if your hot water system is over 12 years old, it’s time to consider a replacement rather than a repair. This is because the expected lifespan of most hot water systems is 12.5 years. Modern systems use state-of-the-art, advanced heating technology and are far more energy-efficient than the ones used until a decade ago. This means when you get an outdated hot water system replaced, you will notice a significant dip in your utility bills.

Types of hot water systems-which one to choose?

When you start looking for new hot water systems, you will find several options on the market, such as Electric, Gas and Solar. This brings us to the next big question-“Which system will work best for my requirements and fit into my budget?” Let’s look at some details that will help you make a more well-informed decision.

• Electric hot water heaters are more expensive than gas and heat pumps. If you are installing a new one or replacing an existing one, it’s a good idea to check what rates you will be charged for electricity during peak and off-peak hours. You can consider getting an electric heater if your utility service provider offers lower rates.
• Gas is always cheaper than an electric system, and if you have the latter installed in your home, you pay higher bills.
• Solar hot water heaters are extremely energy-efficient and perfect if you own your home. While the upfront costs of these systems are higher than gas or electric heaters, they offer excellent long-term value. If you plan to sell your home at some point in time, they also add to the resale value of your home.

Call the hot water installation experts.

These are just the basic aspects that must be considered when choosing a hot water heater for your home. It’s best to consult expert plumbers like the ones at Wilco Plumbing to assess your hot water requirements, preferences, budget, etc. We offer installation, replacement, and repair of systems from leading brands like Aquamax, Rheem, Bosch, Dux and Rinnai and very flexible payment options.

We also handle Blocked Drains, Gas Fitting and Gas Repairs, Burst and Leaking PipeRepairs, and all other Commercial and Residential Plumbing. We also understand that some plumbing problems can surface without warning, and we provide reliable and prompt 24/7 Plumbing Emergency services Sydney-wide. For more information, call Wilco Plumbing on (02) 9186 3371 or contact us via this online form.