As of April 2015, the US Department of Energy has implemented new rules concerning the efficiency of water heaters. These rules will have a pretty big impact on the water heater industry, but it will also have an effect on the options available to homeowners.
By and large, the new regulations deal with how much energy is allowed to be lost during the heating process, mandating that all new water heaters convert more energy into heat. Let’s take a look at how this can affect you.
Rise in Cost
More efficient water heaters are a good thing, and everyone should want to get as close to 100% energy efficiency as possible. However, the federal mandate is forcing the manufacturers’ hands, and that is going to lead to a sudden spike in water heater cost. Instead of the gradual increase associated with newer technologies entering the market and older ones phasing out, this is going to be a significant leap forward with no time for people to acclimate.
This means that manufacturers will have to do whatever they can to meet the new federal requirements, even if it means building more complex and expensive water heaters. That extra cost is going to get passed on to the consumer, as is often the case with newer systems and technology. Even if older water heaters are still available, you likely won’t be able to find an HVAC technician to install them for you. Just like the low-flow toilets that are required in several states, these more efficient water heaters will be the only ones HVAC technicians are allowed to install.
What to do about it
So, what should you do if you have an older water heater? Well, if it is less than ten years old you probably don’t have to worry about it. No need to replace a water heater that is still fairly recent and isn’t having issues. If you were already considering installing a new water heater, however, you should have one installed as soon as possible. The water heaters on the market today are still likely a good step up in efficiency from the one you have, without being as expensive as the new ones that are about to hit the market. If you act fast enough, you can come out of this whole situation with a new water heater and more money in your pocket than if you had waited a couple of months.
If you are thinking about installing a new water heater, call Rentmeister Total Home Service. We provide water heater installation services throughout Salt Lake City.