which hot water heater is more economical electric or oil?
Posted on | December 6, 2011 | 1 Comment
I have a 13 year old hot water heater that runs from the oil furnace. I think it should be replaced but not sure if I should go with another oil fired one or an electric one. With the price of oil I am thinking the electric one would be better.. Could someone give me some feedback on it.
We don’t have natural gas here, unfortunately.
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December 6th, 2011 @ 10:17 am
You are right, the cost of oil is crazy but it takes a lot of electricity to run a hot water tank. Do you have a natural gas hook up? That is much more efficient. Even energy saving models can be costly.