There are several types of Water Heaters available, including tankless, solar, and heat pump models. Tankless water heaters, for example, provide hot water on demand and are more energy-efficient than traditional tank models. If your current water heater is nearing the end of its lifespan, consider exploring these options to find one that best suits your household’s needs. Additionally, insulating your water heater and pipes can help reduce heat loss and save energy.