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Electric Hot Water Costs

Hot water systems of leading brands in Sydney, like Rheem, Rinnai, Lux, Bosch, Zip, Vulcan etc. can easily last for 10 years or more depending on how well they have been maintained. However, when you are considering a replacement, you want to make the right choice in terms of energy-efficiency, capacity and electric hot water costs. All these aspects are important when you take in to account the system’s overall cost.

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Factors that Affect Electric Hot Water Costs

The most significant factors affecting electric hot water system installations and usage include:

  • Water Heater Capacity- Choose the right size as it will help save money on installation and operation
  • Brand, Model, & Type of Electric Water Heater- Electric hot water systems are available in storage and instantaneous or tankless models. They are typically the same cost as gas models, but the electric hot water costs to operate them would be a little higher as natural gas is priced lower.
  • Replacement- If you replace your electric storage heater unit with a similar one, you’ll pay minimal costs for the installation. We will just swap out the older unit, install the new one, attaching it to the plumbing system quickly
  • Delivery Costs- Higher capacity water heaters would be heavier and bulky and that will affect delivery costs.

Other Factors to Include In Electric Hot Water Costs

Apart from the cost of electric hot water replacement, you would also need to consider the unit’s operating costs. Many people opt for off peak power tariffs, as these can be up to 50% less than regular electricity pricing. If this is something you want to take advantage of, large capacity (400 litres, 315 litres and 250 litres), storage electric water heaters would be best suited to your needs.

We are here to help with all the information specifications and details about different types of electric hot water units, helping you make a better-informed decision. For information regarding electric hot water costs and our installation services, feel free to call the Elect First Sydney team this number 1300 401 529

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With ElecFirst you can be so sure of on-time service that we even promise that if we're late, we'll pay you*. It's your assurance of punctual, convenient electricians that work around your schedule

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