Are you thinking about purchasing a new water heater, but you’re not sure whether you’re ready to switch from a conventional model to a tankless water heater? Then this article is for you. Because while some people prefer to stick with a conventional model since it’s what they know, the truth is that a tankless water heater (also known as an “on-demand,” “demand-type,” or “instantaneous” water heater) offers some significant benefits.
What Are Tankless Water Heater Benefits?
Tankless water heaters are becoming increasingly popular, and there are several great reasons for this:
- They’re highly energy efficient. Compared to a conventional storage tank water heater, a demand-type water heater is significantly more energy efficient because it doesn’t have to keep a large tank of water heated. For a household that consumes up to 41 gallons of hot water a day, it can be anywhere from 24 to 34 percent more energy efficient. For larger households that consume up to 86 gallons of hot water daily, the energy savings are between eight and 14 percent. Some people install a small water heater at each faucet, shower, or other hot water outlets to achieve energy savings of between 27 and 50 percent.
- You can achieve considerable cost savings. As we’ve seen, on-demand water heaters are more energy efficient—and since they consume less energy, they deliver considerable cost savings. Exactly how much cost savings you can achieve depends on how much water you consume and how many water heaters you install, but on average, a U.S. household can save a minimum of $100 per year. This adds up over the life of the appliance. If you install multiple demand-type water heaters, you’ll save considerably more.
- They provide more comfort. Do you hate cold showers? Well, with a tankless water heater, they’re a thing of the past! An on-demand water heater works by running the water over the heating element as soon as it’s “requested” at a point of use. This means that there’s an unlimited supply of hot water—unlike a conventional water heater, whose tank of hot water can run out.
- They last longer. When you invest in a new appliance, you want it to last as long as possible. When properly maintained, tankless water heaters have a lifespan of approximately 20 years—which is five years more than a regular storage tank water heater.
- They’re smaller and more convenient to install. Whereas conventional water heaters are large and require a lot of space, tankless water heaters are around the size of a desktop computer. That means you don’t need a lot of space to install them, which makes them perfect for condos, smaller homes without large basements, and even vacation cottages or mobile homes.
Make an informed choice
If the benefits of a tankless water heater appeal to you and you’re interested in having one installed, it’s advisable to discuss your options with a qualified plumber with expertise in tankless water heater installation. Before purchasing an appliance, ask him or her what brands are available, what the pros and cons are of each, and what’s the price tag. That way, you’ll be in a better position to make an informed choice and invest in a tankless water heater that will provide you with hot water and savings for years to come.
Call the professionals at Radiant Plumbing & Air Conditioning to schedule your plumbing service today!