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Electric water heaters heat water slower than gas models. Although they're slightly more expensive than electric water heaters, they do so more efficiently. Because their heating rods are sealed and surrounded by water, they lose less heat compared to their gas counterparts. A gas water heater produces toxic emissions and wastes energy through its vent. Electric models last about two years longer than gas models and typically last 10 to 15 years. Electric water heaters are more energy-efficient than gas units. Electric models also require no gas line to operate, which reduces upfront costs. However, you should consider that an electric unit still has some risks, such as fire or shock. Additionally, it does not heat water as quickly, and may stop working during power outages. But aside from these risks, there are a lot of advantages to an electric water heater, so here are some of the top pros and cons of each.

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A family of four in northern America would need a 44 square foot collector plate and a 66-gallon storage tank. A typical eighty-gallon solar water heater from Duda Diesel costs $3,499 (plus installation). You can choose a system between 26 and 264 gallons. Solar water heaters also qualify for a federal tax credit of up to 26 percent, which is set to drop to twenty percent by 2023.
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The EcoSmart POU 3.5 point-of-use hot water heater is available in a variety of configurations. You can choose between a 3.5-kW or a 4.5-kW model. The POU 3.5 offers a smaller heating capacity than the POU 6 and comes with a sink aerator. It is recommended for use with single sinks. It is not recommended for use with multiple fixtures, such as a shower. For the best installation, use the ECOSMART(tm) interactive sizing guide.

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Although energy efficiency is important, annual costs are the final determining factor. For example, an electric water heater won't lose much energy during standby periods, whereas a gas water heater needs to operate a pilot light for long periods of time. Gas water heaters also cost more to purchase, but are more environmentally friendly. The most energy-efficient electric water heaters achieve a 93% efficiency rating, while gas models are closer to ninety-six percent.
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Another type of water heater that doesn't use fossil fuels is called a sealed combustion model. These units use outside air for combustion, so they eliminate the risk of carbon monoxide gas backdrafting and waste heated and cooled indoor air. Electric resistance water heaters are more efficient than fossil fuel models, but will cost more to heat water than their fossil fuel counterparts. But if you're on a tight budget, a hybrid model may be a great option.

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The advantages of electric water heaters are similar, but gas products are more expensive to install and maintain. They also require more space and longer heating times than electric tank heaters. In addition, electric tank heaters tend to be more energy efficient than gas models. But gas tanks are a little less efficient than electric tank heaters, so you may want to consider the installation costs if your home does not have room for both.