Are you tired of running out of hot water in the middle of your shower? Do you want to save money on your monthly energy bills? If so, it maybe worth it consider switching to a tankless water heater. Tankless water heaters are becoming increasingly popular due to their energy efficiency and endless hot water supply. However, before making the switch, it’s essential to understand the benefits and drawbacks of tankless water heaters.
What is a Tankless Water Heater?
A tankless water heater, also known as an on-demand water heater, is a water heating system that heats water only when needed. Unlike traditional water heaters, which store and constantly heat water in a large tank, tankless water heaters heat water as it flows through the unit.
How Does a Tankless Water Heater Work?
When you turn on the hot water tap, cold water enters the unit and passes over a heating element or a gas burner, which heats the water as it flows through. The hot water then flows out of the team and into your pipes. When you turn off the hot water tap, the unit stops heating water and goes into standby mode until you need hot water again.
Benefits of Tankless Water Heaters
- Energy efficiency: One of the most significant advantages of a tankless water heater is that it is much more energy-efficient than a traditional tank-style water heater. Tankless water heaters only heat water when needed, so they don’t need to keep a large tank of water heated all day. This can result in significant energy savings and lower utility bills over time.
- Endless hot water supply: With a tankless water heater, you can enjoy a constant hot water supply. Unlike a tank-style water heater, which can run out of hot water if used too quickly, a tankless water heater heats on demand. This means you can take a long shower, run the dishwasher, and do laundry simultaneously without worrying about running out of hot water.
- Space-saving: Tankless water heaters are much smaller and more compact than traditional tank-style water heaters. They can be mounted on the wall and take up much less space than a bulky tank-style water heater. This makes them ideal for smaller homes and apartments with a premium area.
- Longer lifespan: Tankless water heaters typically have a longer lifespan than traditional tank-style water heaters. They are less prone to rust and corrosion since the unit has no standing water. This means you can enjoy hot water for many years without worrying about the cost and hassle of replacing your water heater.
- Reduced risk of water damage: Traditional tank-style water heaters can be prone to leaks and other water damage issues. With a tankless water heater, you don’t have to worry about a burst tank or leaking water causing damage to your home. This can give you peace of mind and save money on potential repairs.
Switching to a tankless water heater is worth it if you value energy efficiency, a longer lifespan, space-saving, and high hot water demand. While the upfront cost may be higher, the long-term savings and benefits can make it a worthwhile investment.
What is the Cost of a Tankless Water Heater?
Depending on the size and performance requirements, electric tankless heaters can cost between $200 and $1,000.Tankless heaters are twice as expensive, costing anywhere from $500 to $2,000.
Installation Costs
These prices are higher than those of traditional tank heaters. However, tankless heater installation is a lot less costly. Installation of an on-demand heater is more complicated and thus more costly than installing a traditional tank heater. Professional installation will cost you at least $1,000, depending on the labor costs and complexity of your job.
Is It Worth the Initial Cost of a Tankless Edition?
Many people find the long-term savings of tankless heaters to be more than worth the initial cost. A tankless heater is up to 34% more efficient than a traditional water heater. Depending on the size and type of heater, this increase in efficiency could result in savings of up to $100 per year. Despite this, some buyers may hesitate about the initial investment in these on-demand water heaters.
How Long Do Tankless Water Heaters Last?
Tankless water heaters are the best in terms of durability, with an operational life span of at least 20 years. This is double the lifespan of most tank-heating rivals. Electric heaters are expected to last between 8-10 years. This is comparable to traditional tank water heaters.
Make it Right
You should ensure that you purchase a tankless water heater with a sufficient heating capability if you decide to go ahead and buy it. A heater that is too small will make your home feel cold and may affect your hot water flow. To ensure the best performance, it might be worth it to larger homes to switching to two tankless water heater.
Get a FREE Quote
Are you ready to upgrade to a more energy-efficient, space-saving water-heating solution? If so, consider switching to a tankless water heater with the help of Clog Kings. Our expert technicians can install a top-of-the-line tankless water heater in your home, providing endless hot water and long-term cost savings. Experience the benefits of a tankless water heater! Contact Clog Kings today to schedule your installation and start enjoying hot water on demand!
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