10/15/2026
We purchased our house 3 years ago with a 7 year old electric water heater. The mandatory yellow sticker says that average electric costs would total $555/ year based on a going rate of $.12/ KWH. Average rate now is about $.19/ KWH.
So, that increases our usage costs to about $73 a month. That is a big chunk of our energy bill and we need to change that.
We're considering a Navien gas powered instant water heater.
Have any of you done this? What advice would you have? Indoor or outdoor installation? Condensing unit vs Standard?