One of the best purchases you can make for your home is an efficient water heater.  We recommend the GE Geospring Hot Water Heat Pump.  It takes heat right out of the air!  The best part is that it will lower your electric bill by $200-$300 a year.

With a 50 gallon stainless steel tank and a 10 year warranty, it should pay for itself in savings within 5 years.