Answer
Feb 10, 2021 - 07:00 PM
Please consider and evaluate three aspects of your question.
· First, is the size of the hot water tank itself. If your household is like ours, the demand for hot water has been significantly lower ever since our children graduated high school.
· Second, is the length of the replacement life cycle for tank-based water heaters. In our case, it is shorter than how long we expect to live in our home.
· Third, is the power source used to heat the water. Today, electricity can compete favorably with natural gas at heating domestic hot water. One approach is to supply the power from solar panels on-premises. Utility-supplied electricity is also a fine energy source. In either case, I can recommend that you visit the HeatSmart Newton program page to learn more about an electricity-driven system that uses a heat pump to warm the water.
With all household investments, we recommend that you "run the numbers" to assess the financial implications of the alternatives. ... And don't forget the rebates that might encourage you to choose a heat pump solution.
To discuss more, please schedule a time with your choice of one of the Energy Coaches listed on the Newton Energy Coach web site.