At this point, we don't really know; we have to work out whatever it's going to cost for the EMC in our area to come in and remove the old gas water heater, run a new 220 line from the main (or just an extension from the one our dryer uses, since they're in the same "room" (read: *closet*!)) and the price of the new water heater. It won't be cheap, but we'll get a tax credit next year, and it should save us a good bit on regular expenses; that gas water heater is very old, very inefficient, and very slow, so we have to waste a lot of water just waiting for it to heat up! A new electric one might well cut our water costs nearly in half! And we'll be able to get the "levelized billing" from the gas co, since the only gas we'll be using will be for the furnace. Depending on how much the water heater effort runs, we'll be able to determine how nice a set of tires we can afford. We're in our EMC's Extremely Good Books, so if it's too much, they might finance it.
Andria