Eight Benefits of Tankless Water Heaters

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It’s raining, the leaves are falling, and the temperature keeps dropping, which means fall is officially here and you might be using your water heater more than usual. Like any appliance though, your water heater requires a lot of maintenance, and it’s only built to last for so long. If your water heater is on its last leg, now’s a good time to consider investing in one of our tankless water heaters.

Why Tankless Water Heaters?

A water heater is a major appliance that’s built with a 20-30 lifespan, but it’s expensive and shouldn’t be bought in a rush. Buying a new water heater can be a daunting task, especially if you have a budget and you want something reliable. Tankless water heaters, however, can not only help to save you money on your utility bills, most come with a tax incentive, and because there is no tank, they take up less space with no risk of a tank explosion. If it’s time for a replacement, here are eight reasons why you should consider going tankless.

  • They’re energy efficient. A tankless water heater operates a little differently than your standard tank water heater. Since it doesn’t have a tank to fill with heated water, it only supplies the hot water whenever you turn on a faucet. Tank water heaters can end up wasting heated water if the entire tank isn’t used. A tankless water heater supplies heated water on demand and instantly, heating the water as it runs to your faucet.
  • You save money. Tankless water heaters use about 30-50% less energy than your standard tank water heaters, which means you can save up to 40% of your utility bills. You can also save money because there is no tank for wasting unused heated water.
  • Tax rebates. If you’re concerned about the cost of installing a tankless water heater, most units come with a federal tax rebate because they’re energy efficient. Some offer a federal tax rebate of up to $300, but it can depend on the water heater.
  • You never run out of hot water. Going tankless not only means having access to instant hot water but an unlimited supply of it. With a properly sized unit, your tankless water heater can continuously produce heated water, as much as 5-7 gallons of hot water per minute.
  • They take up less space. If you’re pressed for space, you can benefit from a tankless water heater. Instead of being mounted to the floor and taking up a considerable amount of space, a tankless water heater can go just about anywhere, even inside a closet.
  • They have a higher life expectancy. Most standard tank water heaters only last 10-15 years, but a tankless water heater has almost double the life expectancy with a lifespan of 20 years.
  • No more flooded basements. Not only does a tankless water heater save you money with its efficiency, but in repairs as well. Standard tank water heaters, if properly taken care of, can burst over time and flood your basement. The cost to repair that sort of water damage can be devastating, but with a tankless water heater, that’s one expense you never have to worry about.

What You Need to Know Before Going Tankless

Adding a tankless water heater to your home can be a huge benefit, but there are several factors to consider before buying one. Installing a tankless water heater comes at a hefty price and not all homes are designed for them. That’s why before you go ahead and buy a tankless water heater, it’s best to consult and collect quotes from a few contractors first. A new water heater is a big purchase, and you a water heater that is best suited for your home. To help you get started, here are a few things to consider first.

  • Tankless water heaters come in several different sizes, and it’s up to you to decide how much hot water your house will need. You can select something to provide enough hot water for one bathroom or your entire house.
  • Fuel type. Deciding what type of tankless water heater to get will really depend on your house and what type of fuel is available. Gas-fueled tankless water heaters need to be vented. Electric tankless water heaters need the proper voltage and circuit breaker to function correctly.
  • It’s also important to make sure you have the right amount of space available for a tankless water heater. These units have to be at least within 50 feet from a power source.
  • Like with any appliance, it’s crucial to ensure you have a reputable, licensed plumber or HVAC technician installing your new water heater. Often the installation is included when purchasing the unit, so take extra care in where you purchase your tankless water heater from.

Why Wait When You Can Save Money?

There are several perks to going tankless, and one of the best benefits is saving money. Utility bills can get expensive, especially during the fall and winter season. Replacing your old or outdated water heater with something more energy efficient, not only helps to keep the costs down, but it ensures a warm and cozy holiday season without having to wait for hot water. Don’t hesitate to give your home an upgrade it deserves, call a plumber today.

Call ProSolutions to schedule your tankless water heater installation today!

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