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How Much Do Hot Water Systems Cost?

cost of hot water system

The Cost Of Hot Water Systems

If there is something that inflates the energy bills in an average home, it must be the hot water systems.  While the hot water system installation cost is a minor consideration, there are other factors homeowners consider.  What is the size of your household and the location are some of the determining factors?

The question homeowners should ask is how much the hot water system will cost them in the long run.

Questions to ask before installing hot water systems

What systems are available?

There are two types of hot water systems. The storage systems heat the water for later use. They are the most common ones.

The continuous flow or instantaneous system release hot water on demand. This system is common in Asia but is gaining ground in Australia.

Energy type

What are you using to heat the water? Electricity is common, but natural gas is another alternative. Natural gas is cheaper compared to electricity. Currently, most people are adopting the use of solar energy. It supplements gas or electricity and greatly reduces energy consumption.

Choosing The Right Water System

How many people are using the hot water system? How often do they use the water? What are the climatic conditions in your area?

Most of the Australian households have storage systems since they use hot water for various purposes. Washing clothes, dishes, and bathing requires a lot of hot water. The rate of water usage equates to energy consumption, and people are trying to minimise such costs.

Thanks to heat pump system that draws heat from the surrounding as opposed to the source producing the heat, it helps save a quarter of the energy used by conventional systems.

Solar energy is another alternative. Although the installation cost is a bit high, it pays itself over time, and it reduces the energy consumption. However, the payback depends on the climate of a place. Places with sunny climates have a short payback time.

For a small household, the instantaneous system is economical. Let all your hot water installation systems be done by a licensed professional. Get the quote for the installation and the selected system before the work begins.

Homeowners are advised to make comparisons while getting the quotes. There is no need to pay $100 and end up spending thousands of dollars in an efficient system.

Look out for the energy efficiency in the products before installation. The suppliers and manufacturers of the system should readily share such information which enables the client to make the best and long term solution.