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WebApr 11, 2024 · The downside to an electric heater is that if the power goes out, so does the hot water. Electric water heaters feature an EF rating of 0.90%–0.95% and an average life span of 8–12 years. Gas Water Heaters. Gas heaters are more expensive to purchase at around $700 for a 50-gallon tank. However, the operational cost is less than an electric ... WebRheem® Marathon® 50 Gallon Lifetime Electric Water Heater $1271.81 You Save: $157.19 with Mail-In Rebate Add To Cart Richmond® Wi-Fi Hybrid Electric-Heat Pump Water Heater With Leakguard™ $2046.11 You Save: $252.89 with Mail-In Rebate Add To Cart Richmond® Encore® XR90 29 Gallon 12-Year 60,000 BTU Tank Natural Gas … WebDec 3, 2024 · Best Budget-Friendly Water Heater (Electric) At $419, the Rheem Performance 40-Gallon Electric Water Heater is shockingly wallet-friendly. The 40-gallon tank makes it a good fit for smaller families or … flights to boston from houston tx