50 more efficient than gas electric water heaters.
Electric furnace gas water heater.
An electric heat pump.
At the time of this writing a person could still buy an electric water heater with a 6 year warranty for 190 240.
If you re feeling lukewarm about your current hot water heater or are looking to install one in your new home lowe s has a full selection of electric water heaters gas water heaters tankless water heaters hybrid heat pump water heaters and water heater accessories to help you make one very hot choice.
Converting from electric heat to a medium efficiency hspf 9 5 heat pump is around 1 2 the cost of an electric furnace.
Installation costs for an electric heater are 700 to 1 000 while the cost to install a gas heater ranges from 1 000 to 2 000 depending on whether you have an existing gas line and vent.
May require a backup system for cloudy days or high demand times.
Then there s the cost of the water heater.
Ge tank water heaters are available in multiple sizes with energy efficiency claims that vary by size and multiple levels of warranty.
There is however a third option when it comes to electric vs.
General electric makes gas and electric water heaters.
Wood burning stove natural gas furnace heating forced air furnaces installation forced air furnaces.
The higher the ef number.
Electric heat pumps are more energy efficient than gas furnaces and require much less electricity to operate than electric furnaces.
Converting from electric to gas heat with a 97 efficient gas furnace a gas water heater is nearly 2 3 less than with an electric furnace water heater.
A tankless coil water heater provides hot water on demand without a tank.
Can be used in any climate and the fuel sunshine is free and a renewable resource.
30000 60000.
This makes the total cost for a 40 gallon electric hot water heater between 1000 and 1 700 with the total costs of a 40 gallon gas hot water heater between 1 400 and 2 800.
If you need to save more space be sure.
According to the technician right now it s costing me a lot more to operate a gas water heater than electric.
Electric furnaces are typically only better in dry climates with hot or mixed temperatures.