Need a New Water Heater? Here’s What to Consider
Is your water heater reaching the end of its lifespan? Or are you looking to upgrade to a more energy-efficient water heating system? Choosing the best water heater for your home is an important decision that can impact your comfort, energy bills, and overall convenience.
To help you make the right choice, here are four key questions to ask before buying a new water heater:

If you’re running a busy household, the last thing you want is to run out of hot water.
This is actually a common problem, and you may have been thinking about replacing or
upgrading your existing equipment to a more energy-efficient model.
There are a lot of options out there, and it can all be a little confusing. Ultimately
you want the best possible solution for your family, and that’s where Reliance can help.
When you begin to look for a new water heating solution, there are a few
things that you’ll need to consider to help ensure that it will meet all of your needs.
If your home is heated by electricity,
there’s a good chance your water heater will need to be electric too.
Electric tanks are also a good option when it may be too complicated, or impossible,
to run natural gas or propane lines into your home, or to install the necessary venting.
Natural gas water heaters will cost more than electric models
at the outset, but they usually offer savings in the long run. Depending on local energy prices,
natural gas can be one of the most economical ways to heat your home’s water.
Propane gas water heaters may also be your only alternative for a gas heater if you
live in a rural area without natural gas lines. Understanding just how much hot water your family
normally uses is an important step in determining the size and type of heater you may require.
You’ll need to consider the number of people in your household,
the type and number of water-consuming appliances in your home, as well as your family’s lifestyle.
A water heater that is too small will not be able to keep up with the demand, which could
decrease your unit’s life expectancy and leave you without hot water when you most need it.
Traditional storage tank water heaters are still the most common type
and have been around for generations. They’re affordable and easy to use,
as they simply heat the water and store it in an insulated tank until it’s needed.
A typical household tank would hold 40 to 60 gallons. The efficiency of these units can vary
depending on the model and the fuel source – so be sure to ask about Energy Star® certified models.
Tankless systems, on the other hand, heat water on-demand using a heat exchanger,
which is fueled by either natural gas or propane. The heat is activated automatically,
as soon as you turn on a hot water tap or if one of your appliances requires it – and
because tankless systems are smaller, more efficient, there are some clear advantages.
They are durable, long-lasting appliances that conveniently allow for replacement parts.
Your family will enjoy an endless stream of hot water, whenever they need it.
They’re a great space-saving option.
They can also help to reduce utility costs since the system
isn’t using energy to maintain the temperature of stored water.
And because they are more energy-efficient, they’re a better choice for the environment.
A new water heater is an important investment for your family’s comfort – and while buying
can make sense for some homeowners, many Canadians prefer the peace-of-mind
and flexibility that comes with renting their water heater from Reliance.
You’ll get ongoing 24/7 live support
No charge for repairs
Service as soon as same-day, including weekends and holidays
And all for one affordable, monthly payment.
To book your FREE in-home consultation today, Call on Reliance™.
1. What’s Your Home’s Fuel Source?
Most water heaters run on electricity, natural gas, or propane. Each option has its benefits, and the best choice depends on your home’s setup and energy costs.
Electric Water Heaters
- Ideal for homes that don’t have access to natural gas.
- A good option when installing gas venting isn’t possible.
- Typically have lower upfront costs but may have higher long-term energy expenses.
Natural Gas Water Heaters
- Often more cost-effective in the long run due to lower gas prices.
- Heats water faster than electric models.
- Requires proper venting for safe operation.
Propane Water Heaters
- Offers the same efficiency and performance as natural gas.
- Burns cleaner than other fossil fuels, making it a more eco-friendly option.
- Ideal for homes that rely on propane for heating.
2. Should You Choose a Tank or Tankless Water Heater?
Water heating technology has evolved, and homeowners now have two main options: traditional tank water heaters and energy-efficient tankless models.
Tank Water Heaters
- Store a set amount of hot water in an insulated tank.
- Lower upfront costs compared to tankless models.
- Available in various sizes to match your household’s hot water demand.
- ENERGY STAR® certified models offer increased efficiency and savings.
Tankless Water Heaters
- Heat water on demand without storing it in a tank.
- More energy-efficient since they only heat water when needed.
- Compact, wall-mounted design saves space—great for small basements.
- Typically longer lifespan than traditional tank models.
3. How Much Hot Water Does Your Family Use?
To ensure your home always has enough hot water, it’s essential to choose the right-sized water heater. A unit that’s too small may struggle to keep up with demand, leading to cold showers and a shorter lifespan for your water heater.
Consider these factors when determining your hot water needs:
✔️ Household size – More people mean higher water usage.
✔️ Appliances – Dishwashers, washing machines, and multiple bathrooms all impact demand.
✔️ Lifestyle habits – Long showers or frequent hot water use require a larger capacity.
Not sure which size is right for your home? A Reliance Home Comfort Advisor can help you find the best water heater based on your family’s needs.
4. Should You Rent or Buy a Water Heater?
A new water heater is an important investment in your home’s comfort. While purchasing outright may be a good option for some homeowners, many Canadians prefer the hassle-free convenience of renting from Reliance®.
Benefits of Renting a Water Heater with Reliance:
✅ 24/7/365 live phone customer support
✅ No charge for repairs or maintenance
✅ As soon as same-day service, including weekends and holidays
✅ Affordable monthly payments with no large upfront cost
Get Knowledgeable Help Choosing the Best Water Heater for Your Home
Still have questions? Whether you’re looking for an energy-efficient tankless water heater, a reliable natural gas model, or guidance on water heater rental vs. purchase, Reliance is here to help.
Call on Reliance™ to speak with a Home Comfort Advisor and find the perfect water heater for your family!