You might have heard about tankless water heaters and what they can do. In case you don’t know, a tankless water heater produces hot water on demand without using a bulky storage tank. There are a lot of advantages to using a tankless water heater. If you’re building a new home or looking for ways to save money, a tankless water heater could be a good purchase for you. After all, the advantages from using a tankless water heater are considerable.
Savings:
A wise investor knows upfront costs are only half of the real price. A storage water heater is cheaper than a tankless water heater, but will cost you more in the long run. The US Department of Energy estimates the average family will save over $100 a year with a tankless water heater. Since a good tankless water heater can last twenty years or longer that exceeds $2000 in savings. If you have a larger family, you’ll save even more.
Continuous Hot Water:
If you have more than a few people living in the same house or a single teenage daughter, you’ve experienced a hot water shortage. Even a big tank water heater has a finite supply and when it’s gone, you can be out of hot water for some time. A tankless water heater heats on demand and never runs out.
Compact:
A storage water heater is big, since, after all, it has to put a couple dozen gallons of water somewhere. By contrast, a tankless water heater is compact and can be installed almost anywhere.
Environmentally Superior:
If you’re concerned about carbon emissions, then a tankless water heater is the machine for you. Since it only draws energy as needed, it typically uses less than a traditional water heater. That helps shrink your home’s carbon footprint without sacrificing comfort.