Are Tankless Water Heaters Worth Buying?

Switching to a tankless water heater provides many advantages over conventional water heaters. There are issues with a traditional water heater that are no longer a concern with a tankless model. Read over some of the benefits to see why switching to a tankless water heater will be a good option.

Save Money

Conventional water heaters need to use energy throughout the day to keep water constantly heated at a specified temperature. A tankless model will provide hot water when the tap is turned on. Heating water as it is needed will reduce energy use. This alone can lower a home’s energy bill by up to 40 percent.

Continuous Supply

Tankless water heaters are able to provide a continuous amount of hot water. This is not available from traditional water heaters because the unit will need to recharge when the tank is drained of hot water.

Multiple Use

Tankless units have a consistent flow of water. This means that multiple sources of water are able to be used. A homeowner can run their dishwasher, the washing machine, and take a shower without running out of hot water.

Space Savings

The lack of a tank means that space can be reclaimed in a closet or basement. Tankless water heaters in a home are typically mounted on a wall. The unit does not even need to be located close to water pipes.

Lifespan

A conventional water heater has a typical lifespan of 10 to 15 years. Tankless models will last up to 20 years or more before any real problems arise. Conventional models may need to be replaced twice if a leak or some other problem exists.

Green Solution

Many tankless units are being Energy Star Qualified. This means they are a great way for a homeowner to make their house more energy-efficient.

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