According to the Detroit Free Press new water heaters are going to cost you more but the government says it will save you money in the long run.
The federal government mandate to implement new energy-efficient water heaters goes into effect April 16, 2015. These new hot water heaters are designed to be more efficient. They will cost more to produce which will cost you more in the short term but the energy efficiency should save you money in the long term.
This energy savings will help reduce your carbon footprint and cost less to heat your water.
New water heaters will cost between 100 and $200 more than the older traditional models. This is roughly a 20% increase depending on the type and model.
Contractors are buying up all the older less expensive models and within 2 to 3 months supplies should be gone so if you are thinking about replacing your water heater the time is now before supplies run out.