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Old 06-03-2008, 02:51 PM   #1
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Hot Water Heater Prefference


Until I purchased my house I had always used an electric water heater. I am now currently using a gas water heater, and I think it does not consistently heat up the water. Additionally I would like to reduce my monthly gas bill.

Would there be any cost savings in me switching from the gas tank to an electric tank? Or would the actual cost savings (if any) be offset by the purchase price of the electric tank (the current gas tank is 3-4 years old)?
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Old 06-03-2008, 05:46 PM   #2
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Hot Water Heater Prefference


with the price of gas continuing to rise yes replacing it with electric would save money and if you really want to cut your bill go tank less and only heat water when it is needed not all the time like when your at work or asleep
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Old 06-03-2008, 06:06 PM   #3
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Hot Water Heater Prefference


Check out this site for some good info.
http://www.aceee.org/consumerguide/waterheating.htm
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Old 06-03-2008, 06:40 PM   #4
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Hot Water Heater Prefference


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Originally Posted by clasact View Post
with the price of gas continuing to rise yes replacing it with electric would save money and if you really want to cut your bill go tank less and only heat water when it is needed not all the time like when your at work or asleep
I have somewhat of a horror story regarding this very scenario. I have a vacation/retirement home in SW KS and right now I spend about 90 days a year there. The natural gas company's monthly fee for the minimum amount runs over $30, which I didn't want to pay for during the time when I am not there. I do leave the electricity on all the time, so I decided to go all-electric. I, too, decided I didn't want to enrich the electrical company for keeping a tank of water hot, so I decided to install an electric HWOD unit. That cost about $550.

The unit is large enough that it will provide adequate hot water for 3 or 4 separate sinks/tubs and pulls 100 amps at full power. That requires two 60 amp circuits. Well, the house currently has 100 amp service, so the electrical service is inadequate to power the house and the HWOD at the same time without throwing breakers, perhaps the main breaker.

So, in order to prepare the home for this seemingly simple project, I had to have the power company set a new pole with a new transformer, buy a 200 amp service panel (breaker box) AND new circuit breakers for all the current as well as the new circuits, and have to have an electrician dig a ditch from the pole to the home for underground service to the house, and have to pay the electrician for all the labor and parts to connect to the power at the pole and to install the new wiring all the way to the new electrical service panel/breaker box.

In the end, I figure it will end up costing me around $1500 for the heater and all the work/materials to make the changeover !! It will take a LONG time before I recoup that investment!!

The moral of the story is: make sure you have the "infrastructure" in your home for the project before you invest ANYTHING--I already had the $550 heater before I found out about all the rest of this debacle, so I learned the lesson the hard way!!

Doug
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