Propane Vs Electric Water Heater
Efficiency propane fuel cost and your in home energy usage all factor into your cost savings.
Propane vs electric water heater. An electric heat pump produces heat below the temperature of your body while a propane gas furnace keeps the air at a temperature of approximately 140 degrees fahrenheit operating in short intervals so that it doesn t boost operating costs. Gas water heaters learn some of the pros and cons of each fuel source and find out about newer more efficient types of water heaters that could save you. Most homeowners save between 150 200 a year with a propane water heater versus an electric one but the cost of a new propane water heater could offset the savings for the first couple of years. If you are already equipped with an electric water heater it might not make sense to convert to propane.
The cost to operate a propane water heater vs an electric water heater is a marginal difference. Propane water heaters is more energy efficient than electric water heaters. According to the u s. A heat pump water heater can t live in a closet anyway it needs to communicate with a large volume of air.
However if you purchase high quality equipment the cost savings of switching to a propane water heater will eventually win out. In addition over time propane water heaters can cost one third less to operate and recover water twice as quickly as electric water heaters. With a propane heating system in recent years has cost far less than heating with an electric system. You can heat your water tank in less time using propane water heater rather than an electric water heater.
Propane water heaters generally offer much higher recovery efficiency than electric water heaters. Propane water heaters can save you roughly 70 80 per year compared to electric water heaters. Propane is cheaper than electric. Newer propane tankless water heaters can get efficiencies of up to 98 while electric tankless water heaters operate at the same efficiency.
That means that a propane heater needs to store less hot water in order to keep up with demand. A tanked propane water heater cost is slightly higher than a standard tanked electric water heater. Propane water heaters are more efficient but electric water heaters closely compare in efficiency. Choosing a new appliance.
A standard electric tank has very low standby losses compared to even the best condensing propane water heaters and is probably your best bet. But propane gas is cheaper than electricity which means you save more money annually by choosing a propane tankless water heater. The upfront cost of a standard tanked electric water heater is likely to cost approximately 500 whereas a standard tanked propane water heater may cost you around 700. The levelised 20 year cost of rooftop solar is cheaper than your retail electric rate.