The invention provides a combination valve, a water heating system and a method for controlling the same. The combination valve comprises a valve seat, a water feeding valve and a selector valve. The water feeding valve and the selector valve are fixed onto the valve seat; a tap water inlet, a hot water outlet, a cold water outlet, a hot water inlet and a water inlet-outlet combination are formed in the valve seat, the tap water inlet is communicated with the cold water outlet, and the water inlet-outlet combination is connected with the tap water inlet by the water feeding valve; the selector valve comprises a first valve body and a second valve body, the first valve body and the second valve body are in mutual linkage control to be alternately turned on and off, the water inlet-outlet combination is connected with the hot water outlet by the first valve body, and the hot water inlet is connected with the hot water outlet by the second valve body. The combination valve, the water heating system and the method have the advantages that the combination valve is directly connected with tap water, an energy-consuming water heater and a solar water heater, water feeding can be controlled by the integrated valves of the combination valve, hot water sources can be selected by the integrated valves of the combination valve, accordingly, users can conveniently change the hot water sources, connecting pipelines can be simplified, and the water heaters can be conveniently mounted.