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Buying a new water heater to replace a failing one is more complex than simply selecting the one that fits into your budget. There are several considerations that you should make when choosing a new water heater. To help ensure you get a water heater that fits your needs, here are some tips to use.  

Check the Energy Efficiency

There are several types of water heaters, and each one has varying levels of energy efficiency. If you fail to take into consideration the efficiency of your new water heater, your energy costs could increase. Your water heater accounts for a large share of your energy usage each month, so it imperative that you take the time to compare the efficiency of various water heaters.  

For instance, a tankless water heater is considered to be one of the most energy efficient types of water heaters available on the market. If a tankless is not in your budget, you can still find a traditional water heater with good efficiency. Pay attention to the energy label on the water heaters to compare the efficiency ratings.  

Pay Attention to the First-Hour Rating

The first-hour rating, or FHR, refers to the amount of hot water a water heater can produce within a hour. The rating takes into account the available hot water with a full tank. There are a couple of factors that influence the first-hour rating, including the tank size and the heat source used to warm the water.  

Before shopping for the water heater, take the time to determine your household's peak water usage time. If your household uses an estimated 30 gallons of water heater during that time, you need to find a water heater that fits your needs. As with the energy efficiency rating, you can find the first-hour rating on the label affixed to the water heater.  

Look for a Water Heater That Fits Your Space

One of the final factors you need to take into consideration is the space that you have to fit the water heater. Regardless of the size of heater you want, you might have to settle for a smaller one if you do not have the room. Before downsizing your water heater, explore your options with your installer.  

For instance, some homeowners have opted for a tankless water heater because it takes up less room. Your installer likely has recommendations to help ensure you get the water heater that is needed for your home. For more information, you can check out the site.