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Electric water heaters also take longer to bring up the temperature of cold water than do gas-powered water heaters, according to ConsumerEnergyCenter.org, natural gas is significantly less expensive on an annual basis than both propane gas and electricity for the purpose of powering water heaters. If you already have gas lines it may be financially beneficial to run a gas line to the water heater. Residents in rural locations not having natural gas lines may opt to use propane for heating water as it is usually less expensive than electricity.
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