The Best Water Heaters of 2023
The 6 Best Water Heaters of 2022
Purchasing a new water heater can be a difficult and confusing process. Modern hot water heaters include numerous high-tech and smart features designed to help you monitor and control your appliance and increase efficiency, so there may be much more to learn about when making a decision.
Electric hot waters are a great investment because the units are much more environmentally sustainable than their natural gas counterparts, and may qualify you for tax credits or rebates. Below we’ve ranked the best water heaters and outlined some key factors to consider when determining the best product for your home.
What to Look for in a Water Heater
Gas or Electric
The choice between an electric and gas-powered water heater depends on a number of factors, including local utilities and your own personal preference. Electric water heaters are favored by people looking for low upfront costs and households that aren’t set up with natural gas. While gas heaters are more expensive upfront, they can save you hundreds of dollars a year, depending on energy costs in your area.
Tankless or Tank
Tank water heaters keep a certain amount of hot water in a tank at any given time, ready to send to multiple appliances at once. Tankless water heaters quickly heat incoming water as you need it, and take up less space than a water heater with a tank. However, one unit may not be able to provide hot water to multiple fixtures at once, so you may need to buy multiple water heaters for your home.
If you go the tank route, make sure that your water heater can store enough water hot to keep up with your family. While tank water heaters can provide water for multiple places at once, it will take longer to heat up new water than a tankless heater, which could leave you with an unexpected cold shower.