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Jan 29

Tankless Water Heaters: Are They Worth the Money?

tankless water heaterThey are referred to as the on-demand water heaters for a reason; Tankless water heaters are some of the most preferred point-of-use and whole house water heating options today.

Like many homeowners today, you probably want to take a hot shower in the morning before you leave for work or just rinse your hands using warm water from your kitchen faucet. Well, tankless water heaters allow you to do this in an energy-efficient manner.

Some of best tankless water heaters are known to have comparatively high upfront costs. This leaves many homeowners wondering, are these units really worth the price? Discussed below are some of the aspects that justify the pricing of these units.

Energy Efficiency and Money Saving

While the upfront and installation costs of the leading tankless water heaters may be comparatively high, they will save you money in the long run. As compared to conventional water heaters, these units can save you up to 30 percent of the energy used to heat water in your home. As a result, a tankless water heater will help you save some money on your monthly energy bills.

Additionally, tankless water heaters do not break down as often as the conventional water heaters do as they grow older. This being the case, you won’t spend as much money on repairs and replacement on these tankless units, as you would if you had a traditional water heater installed in your home.

Extended Durability

Reputable brands in the industry are known to produce units that can last for as long as 25 years. With proper and timely maintenance, you will not need to have your heater replaced for the next 25 years. If you were to install the conventional water heaters, you will be required to replace it after 10 to 15 years, which can be really expensive. It is for this reason that tankless water heaters by the leading manufactures come with longer warranty periods.

Consistent Water Temperatures and Pressure

With time, the piping in the conventional water heating systems will develop flaws, hence become less efficient. Additionally, hot water tends to lose a considerable amount of heat when stored in tanks for some time. This is why you will experience water temperature fluctuations from time to time with these conventional water heaters.

As opposed to the conventional water heaters, tankless models do not store any hot water. Instead, they provide hot water when needed. This being the case, no heat will be lost from stored water. Additionally, the tankless unit may be moved closer to the faucets and showers to minimize heat loss from the piping. As a result, a tankless water heater will always give you consistent water temperature at the right pressure.

Saves on Space

Most tankless water heaters feature a compact design. Additionally, they do not come with a storage tank. Since the traditional water heaters come with hot water storage tanks, they require additional space for the 40 to 60 gallon storage tank. With tankless units, this is not a requirement. If you are tight on space in your home, a good tankless water heater will come in handy.

Replacing a traditional water heater with a modern tankless unit will free up some space in your basement. This is particularly beneficial for apartment buildings or the comparatively more congested residential areas. If space is premium, it is advisable to invest in a tankless water heater right away.

Eco-Friendliness

In addition to making their homes more energy efficient, homeowners today are being urged to upgrade their homes in order to curb greenhouse gas emissions. This being the case, you should consider investing in home appliances and systems that do not pollute the environment. Most tankless water heater models, even the ones that run on gas and fossil fuels, are known to be eco-friendly.

Even if you have a good tank water heater installed in your home, you should consider getting a point-of-use tankless unit. This will reduce the standby heat loss associated with the tank water heaters. As such, the tanked water heater will not need to burn additional fuel to compensate for the lost heat. This will, in turn, reduce environmental pollution by the system.

Again, having appliances that are efficient on energy in your home, including a good tankless water heater, can earn your home a LEED certification. As such, you should consider installing a tankless water heater when renovating your home or building a new one.

Come to think of it, the lifetime of a tankless water heater may be compared to that of two conventional water heaters. Rather than having to buy two or even three conventional hot water heater replacements within a period of 25 years, you can save money by buying a good tankless water heater. As you have learned throughout this article, a tankless water heater has a lot of benefits to offer, which justifies its price.

1 comment

  1. Stef Gibson

    This is such a great information thanks for sharing….

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