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Choosing between an electric water heater vs. a gas water heater comes down to personal preference. Overall, electric heaters are more energy efficient than their gas competitors. They’re also quieter to operate, take up less room, and don’t come with a risk of gas leaks. 

The downside is that electric water heaters cost more to operate than gas. They might also struggle to heat water fast enough for households that use large amounts of hot water. Lastly, a power outage could cause your electric water heater to stop working, whereas gas water heaters may still function.

Traditional gas or electric water heaters last an average of six to 11 years. However, with excellent maintenance, they can last up to 15 years. Heat pump water heaters, on the other hand, last an average of between 12 and 15 years and potentially longer with proper maintenance. In both cases, your home's water quality can be a determining factor regarding the lifespan of your water heater.

The lifespan of a water heater depends on its type, usage, and maintenance schedule. Traditional tank-style water heaters typically last between 8 and 12 years, though the range can be as wide as 6 to 15 years. Within this category, gas models often last 8-12 years, while electric models may last 10-15 years. In contrast, tankless water heaters have a significantly longer lifespan, often lasting up to 20 years or more. Factors like heavy usage, hard water, and sediment buildup can shorten a unit's life. To extend its lifespan, it is crucial to perform regular maintenance, such as flushing the tank annually and scheduling professional inspections. If your unit is over a decade old and shows signs of rust, leaks, strange noises, or inconsistent heating, it is likely time for a replacement.

If you want instant hot water and to reduce water waste while improving convenience, a hot water recirculating system is worth it, especially if you find your hot water heater is not hot enough. These systems can save thousands of gallons of water each year so you don't have to wait for hot water at faucets and showers. The upfront investment can be high, especially for systems requiring additional plumbing, but the long-term savings on water bills and added comfort make them a worthwhile upgrade.