Need a new water heater for your home? Installing a water heating unit in your home for the first time, or replacing an existing one is a big financial decision. If you have questions that linger in your mind, it's a good idea to get them answered before taking the plunge.

Take a look at answers to some FAQs that homeowners send out to hot water service plumbers.

Traditional vs. Tankless Water Heater – Which Is Better?

There is a wide selection of water heaters available in the market today, but all fall into two main categories – traditional, which feature tanks, and tankless water heating systems.

Traditional water heaters feature a tank used for storing hot water, while tankless models provide hot water on demand. Because each option has unique features, pros, and cons, neither is better than the other.

The right type of water heater for your home will depend on the size of your household, and its hot water consumption pattern.

Aren't Water Heaters Big Energy Users?

Traditional water heaters are notorious energy hogs but most newer models are made to deliver increased levels of energy efficiency.

If you can fork out on a higher quality water heater that runs on the latest technology, you'll stand in good stead for the future. Quality systems usually come with premium prices, but they can save lots of money that would otherwise have been spent paying for higher monthly energy expenses. 

How Long Will It Take to Install a Water Heater?

There is no specific time frame for the completion of a hot water system installation job. This is because unexpected issues may arise on the job. Generally, however, an experienced hot water system installer can install your new water heater in one day, charging you an hourly rate.

How Much Will It the Installation Cost?

Each job is different and each plumber is at liberty to charge a price that they deem to be fit for the job. Hence, the cost of hot water heater installation varies by job and by company. It's a good idea to get quotes from a few plumbers that you're considering hiring for the sake of comparison.

Choose the plumber that offers quality service at a competitive price.

With the many different types of water heaters out there, choosing the correct water heating system for your home can be a confusing thing. The above information can help you make informed decisions about what type of water heater to choose. For more information, consider consulting a hot water installation specialist near you.