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• They normally cost between $400 and $800. (Not including installation).
• Your electric hot water system might be mostly responsible for your electricity costs. Verify sure you are on the optimum electricity plan for your need.
• Can be put indoors or outdoors; normally requires a 125 160L tank for a continuous rate system or a 250 315L tank for off peak for a four person home.
• Off peak electricity systems are far less expensive to operate, but they require a larger tank because the water heated overnight must last you all day. Also, not all residences can access electricity during off peak hours.
• There are also electric instantaneous water heaters, however they normally only have enough power to heat water for one outlet (one tap or shower)
• If it's a straightforward replacement for an existing system, installation shouldn't take longer than two or three hours.
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• An electrically heated storage tank system is typically the most expensive to operate, even if it is on a continuous (whole day) rate, despite being very inexpensive to buy and install.
Electric Hot Water System

Gas is a fossil fuel, therefore efforts to minimise carbon emissions will likely make gas a less desirable alternative in the future. This is an important factor to keep in mind. Although it is now less expensive than grid electricity, if you have solar panels, your own solar generated electricity is far more affordable. Although the long term outlook for gas prices is uncertain, it is anticipated that gas costs will rise over time.
• Have a star rating for energy efficiency.
Gas Hot Water System
• Typically, they cost between $900 and $2,000 (not including installation).
• A tank of between 135 and 170 liters is required for a family of four. Another choice is an instantaneous system Information on continuous flow systems versus storage tanks is provided below.
• Can be installed indoors with a flue but is typically installed outdoors owing to venting constraints.
• Some have a pilot light, which burns a tiny amount of gas continuously. Although electric ignition is more cost effective, you risk losing your hot water supply during a blackout.
• If you have the connection, natural gas is a good alternative. Gas hot water systems are able to heat water as needed and can be more cost effective than electricity (unless you have solar panels).
Natural gas can be replaced with liquid petroleum gas (LPG) bottles, but the operating expenses will be much higher.
• If it's a straightforward replacement for an existing system, installation shouldn't take longer than two or three hours.


• Installation is reasonably pricey and time consuming. In order to plan the installation, the installer will need to inspect your home, but the actual installation should often take a day or less. A system that is wisely chosen will save money in the long term because of its low operating expenses. See our solar hot water system parts buying guide for more details. Government subsidies and other incentives can help offset the purchase cost. They cost from $400 to $8000. (Not including installation). Hot Water System
• Contains a storage tank and solar collecting panels. A normal four person home requires between a 300 and 360 liter tank and four square metres of solar collector surface (two panels). To accommodate for days with less sunlight, you need a big tank (or more hot showers than usual). • Your panels can be less effective and you'll need a bigger collection area if they can't be positioned in the appropriate spot.
Solar
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• In order to maintain the water's heat on days with less sunshine, the storage tank typically incorporates an electric or gas booster element.
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• The compressor on the unit can be noisy, similar to the outdoor unit of an air conditioner, so you can't install them too close to a neighboring home.
• Government rebates and other incentives can help cover the purchase price
• A significantly more effective type of electric storage tank system that heats the water tank using heat extracted from the air, much like a refrigerator or air conditioner.
• If the installation is a straightforward replacement for an existing heat pump or electric storage hot water system, it shouldn't take longer than two or three hours.
Units are often integrated (tank and compressor combined), but they can also be divided (separate tank and compressor).
• For a four-person family, you'll normally need a 270-315L tank.
Rheem Heat Pump are an excellent choice if you have solar panels on your house because you can use your own "free" electricity to power the hot water system.
• They tend to function best in warm and temperate regions, but there are models designed to function well in cold climates as well, and most systems have a booster element for days of cold weather or high water usage.
• They cost between $3000 and $4000. (Not including installation).
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Heat Pump Hot Water System
• They must be positioned in an area with good ventilation, usually outside.
