TOLEDO, OH (Toledo News Now) - As of April 16, water heaters must comply with new Department of Energy efficiency standards, meaning in a little more than a week most hot water tanks will be off the market. The new ones are projected to save more energy, but will cost you more money.
Water heaters used in most homes won't seem that different and will get a modest boost in efficiency, but larger units of 55 gallons or more will need to shift to new technologies to achieve the efficiency gains. Doing so can cut utility bills by 25 to 50 percent depending on the technology used.
"The downsize of the water heater, if you have a 40 gallon you can go to a 30 gallon water heater, or if you have a 50 gallon water heater you can go to a 40. That will get the size close to what you had before, but the capacity goes down quite a bit," said Robert Shamy with Wojo's Heating and Air Conditioning.