A method of making a circular support base for a water heater in which a sheet of material having two ends is formed with corrugations such that the corrugations are progressively more pronounced towards one longitudinal edge thereby creating a generally circular shape out of the formerly straight sheet material, the two ends are connected to form an unbroken circular shape, the corrugated material is shaped to form a lip at an inner circumferential region, and the circular lip intersects with an outer circumferential region of the support base to form a circular trough for supporting and positioning a water tank of the water heater.