What’s this about? It’s your home’s water heater.
The most important thing about this deadline is to get informed, and that’s the purpose of this article -- to get you informed about your options, and decide if it makes sense to take action before the April 16th deadline.
So What’s This Really All About?
The National Appliance Energy Conservation Act (NAECA) is a Federal law requiring manufacturers to improve and meet certain energy conservation standards for residential water heaters. The first efficiency phase was met in 1990, the second in 2004 and the final stage goes into effect April 16, 2015.
What this means is that all water heater manufacturers must meet new standards in efficiencies. The good part is that these improvements are calculated to save an additional $63 billion in energy bill savings from 2015 to 2044 according to the Department of Energy. This will also avoid about 172 million metric tons of carbon dioxide emissions (the equivalent of 33.8 million cars annually).
The bad news is that next time you replace your water heater, you may have a bigger expense than before.
According to the water heater manufacturers, the new water heaters that meet these new standards will cost between 15% to 25% more than the current models. New models will be to 1-2” larger in diameter and/or taller. This means if your water heater is wedged between a wall and furnace OR in an unusual location, you may have to downsize to a smaller water heater, relocate the water heater to a different part of the house or switch to a tankless water heater.
Additionally, water heaters above 55 gallons will be units that have more complicated and expensive components. All of these changes can mean significant increases in installation costs for a new water heater.
The question homeowners should ask themselves is “Should I replace my water heater BEFORE the deadline?”
Unless you act QUICKLY!
So what are my options?
That really depends on the situation of your water heater itself. Here are three question to ask yourself:
1. Is my current water heater 10 years old or older?
2. Is my current water heater over 55 gallons?
3. Does the current location of my water heater prevent me from installing a replacement that is 1"-2” greater in diameter?
If you answered no to all of these questions, you may be just fine waiting. The new water heaters will save you money in energy costs down the road, but no use incurring costs sooner than you need to.
BUT, if you answered yes to one or more of these questions, you probably want to call and take advantage of our free inspection right away. There is no obligation to buy, and it could be the information you need to consider replacing now and saving thousands of dollars later.
Don’t delay. As soon as the current inventory of older models are sold, there are no other options than to upgrade.
Give us a call if we can help, 317-248-9668