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EnerGuide
Program -
Introduction

 

Heating Cooling &
Comfort

 

 

Intro

 

 

Team HVAC

 

 

Rating System

 

 

Frequently
Asked
Questions

 

 

Furnaces

 

 

Air conditioners

 

 

Gas Fireplaces

 

 

Heat Pumps

 

 

Water Heaters

 

 

Types

 

 

How to
compare

 

 

Water usage
and sizing

 

 

Buying tips

 

 

Calculate
water heating
costs

 

 

Windows

 

 

Heating Cost
Calculator

 

 

Labelling
Information

 

Appliances


Heating, Cooling & Comfort - Choose a Products

Tough Choices: Buying, Renting or Leasing?
Buying a Storage Tank Water Heater

Buying A Water Heater

Many new water heaters are relatively inexpensive to purchase and install, but what about the ongoing operating costs? After all, you use hot water in the home every day - often lots of it! In fact, it can cost you seven times as much money to operate a water heater for 10 years as it did to purchase the system.

So it pays to be an informed consumer. Don't automatically accept the model proposed by your plumber or heating contractor - ask questions. Keep in mind that the unit that is cheapest to buy could end up costing you money in unnecessarily high energy costs for years to come. On the other hand, a high purchase price on its own doesn't guarantee long-term energy savings. It is the technology that is important.

The same advice applies if you are renting or leasing a water heater, which is a popular option in many parts of Canada. If a rented or leased machine wears out, ask your utility or energy supplier to replace it with an energy-efficient model.

Selecting an energy-efficient model that can reliably meet your needs will not only save you money, it will help the environment, because the less energy Canadians use, the fewer greenhouse gas emissions we produce. In making a decision, it's important to know that: