Electric water heaters are the most prevalent type of water heater. When it comes to initial costs, an electric water heater is probably the cheapest alternative. Because these water heaters do not need any new in-home equipment, installation is both easier and faster. Use an electric water heater wisely. The heater will warm water with the majority of the energy it gets, rendering it more energy-efficient. These are, of course, more environmentally friendly. These heaters are less harmful to the environment since they are energy-efficient and may be powered by renewable energy sources.