There are many considerations in buying or renting a hot water tank. Over the years substantial savings can be made if your unit is energy efficient. All hot water tanks have an energy rating that is regulated by the Canadian Gas Association (CGA). The type of tank you choose may also depend on what resources you have available in your area, such as gas, electricity or oil. Other factors in your decision include the expenses involved, to buy or rent, installation, maintenance, repairs and the cost of operating each type of tank.
Gas Hot Water Tanks…Your local gas company will provide a new home with the first 100 ft. of outside gas line free, after this, it’s $32.00/m or if you do your own trenching, $5.00/m. Indoor gas lines and standard installation is free for a rental tank, if purchased, then a charge by the contractor applies. The contractor is also responsible for any installation of hot and cold water pipes. In addition to the gas line you will need a gas meter. The gas line is free up to 6 ft. from the front corner of your home. If you require the meter to be placed farther back than this, the same fee applies as the gas line. The service department, at no charge, will arrange for an inspection of your installation. When the temperature of the water in the tank drops, the thermostat sensor ignites the burner and heats the water. The pressure then moves the water to where it is needed.