Building new house in Chch so winter power usage can get fairly high and hot water cylinder is the major power hog.
Also, trying not to go too over board as this might be our home for about 4-6 years and then probably will move to Nelson or somewhere warmer for work so this house we may be forced to rent it out depending on the market or sell.
Options currently that we are toying with:
1. Heatpump hot water cylinder (expensive-ish but most efficient apparently and will be outdoor, so added bonus of saving indoor storage space)
2. Panel type ones (not solar because apparently solar is heavily outdated now but new panel type: cons will be super expensive)
3. Traditional HWC - cheaper install cost but more expensive to run. Best option if we decide to move in the short term.
Might be worth posting on Geekzone too