What Is The Most Efficient Type Of Hot Water System?

If you're planning to install a new hot water system in your home, or if it's been a while since you had an upgrade, you might be wondering how you can maximise efficiency. With so many options available, it's not always easy to know which hot water system will save you money in the long run.

Wonder no more - we've put together this handy blog with everything you need to know about the most efficient hot water systems on the market.

Before you purchase a hot water system, there are things you'll need to think about:

• Capacity of your tank
  
• Energy Star rating
  
• Costs of installation and operation
  
• Fuel type
  
• Household size and water usage

You'll also need to think about the type of hot water system you'll use. Let's explore the benefits of electric and gas systems.

Electric hot water systems are generally quite cheap to buy and install.

They're highly efficient and you can even pre-set them to reduce energy expenses.

If you opt for a continuous flow system, you'll benefit from instantaneous access to hot water whenever you need it. These systems tend to be cheaper to run than storage systems and can last for 20 years or more.

As prices of electricity do fluctuate throughout the day, operating costs can be high during peak tariff periods - you can reduce your expenses by increasing your unit's size and by linking up to off-peak electricity tariffs.

If you have solar panels in place, you could even consider pairing an electric hot water system with your solar panels to maximise energy efficiency.

Gas systems are cheaper than electrical when you think about their operating costs, especially as gas prices remain constant throughout the day.

You can choose a storage or continuous flow option which prioritises energy efficiency.

Compared to electrical systems, gas produces reduced greenhouse gas emissions and is more beneficial for the environment.

They also heat water quickly, so you won't need to wait to have access to hot water when it's needed.

Gas systems are available as continuous flow and storage tanks; while continuous flow systems deliver hot water whenever you need it, storage systems need ongoing maintenance to prevent corrosion.

Both electric and gas continuous flow systems are increasing in popularity throughout Australia. These systems deliver incredible energy savings and decreased operating costs many homeowners just can't pass up.

Ultimately, the type of system you choose will depend on the size of your home and your needs. Speaking to a professional hot water system supplier or installer will give you the best idea of what sort of system you'll benefit from most, and which aligns most closely with your requirements and your budget.