Tankless Water Heaters | Never run out of hot water again!
If your water heater tank just called it quits, then you have probably been searching for a replacement tank. During your search you see a tankless water heater! How is that even possible you ask? Should I consider this tankless water heater as a viable replacement option?
So what exactly is a tankless water heater?
It is just as it sounds! A water heater with no tank! The small appliance houses strategically designed coils. When the hot water tap is engaged, the cold water runs directly to the tankless assembly. The unit then instantly heats the water with natural gas, propane or electric heating. This function is great because you have a consistent and never ending flow of hot water to multiple points of use!
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What are the benefits of a tankless water heater?
The obvious benefit to a tankless water heater is the constant supply of hot water. But there are actually a few others that really make this appliance a game changer.
-Tankless water heaters use much less space than traditional water heaters.
-They last significantly longer than traditional tanks
-Reduce your homes energy consumption
Save space with a tankless water heater
At some point, you have probably thought to yourself: “I really could use that extra storage closet, but the water heater tank is taking up so much room in it.” That is exactly why the tankless water heater is such a great investment. You will no longer have to waste that space with a large tank. The tankless water heater is significantly smaller, about the size of a small suitcase. You can install the assembly on walls or even outdoors. If you only need a small unit for a particular point of use, then you can install it underneath a cabinet. Now you can utilize that storage closet more efficiently.
Tankless water heaters save money in the long run
While you are shopping around for your new water heater, you probably notice the cost difference between the traditional water heater and the tankless water heater. Yes, the initial cost of the tankless may be a larger investment, but you have to remember that this option will save you money in the long run. The tankless heater, on average, is built to last twice as long as a tradition water heater. If a problem does arise with a tankless heater, you can simply replace the broken part. There is no need to replace the entire system. With the traditional water heater, you would need to replace the entire system if something breaks.
The tankless water heater is also designed to run more efficiently; it only operates when hot water is needed. Traditional tanks use energy whenever it needs to fill the tank with hot water, even if hot water is not needed. Research shows a tankless water heater reduces energy consumption by up to 40% when compared to a traditional water heater tank. So overtime, the tankless will pay for itself and end up saving you money on your utility bill.
There are many factors to consider when deciding if the tankless water heater is going to be an investment worth making. Weigh the pros against the cons and the startup costs vs long term savings. Shop around and ask your local home improvement specialist to go over any specific questions you may have.