Homeowners might not put much thought into what type of water heater to install in their home. Perhaps they might just pick out whatever size they think is most beneficial for their family, and with the help of a general contractor, have it installed. Of course how large or small a water heater is will be a crucial component in deciding what to buy. There are other considerations to make though, such as if it is a tankless water heater or the traditional kind. But what reasons would today?s homeowner have to purchase a tankless water heater? Here are three compelling factors that should be taken into account.
A Tankless Water Heater is More Efficient in the Long Run
The size of the household will play an important factor in this, but it has been proven that a tankless water heater is efficient somewhere between 24%-34% if the home uses around 40 gallons or less of hot water a day. Smaller households can save money if they are using this amount of lower when it comes to daily hot water. Depending on the number of showers taken, as well as how often dishwashers are run, and if the washing machine is set on hot, this can benefit more homes than one might realize. Tankless water heaters are another way that homeowners can save a great deal of money. By being conscious of water usage and then investing in the correct water heater, a lot of waste can be cut down.
Tankless Water Heaters Only Produce Water When It Is Needed
By deciding to purchase a tankless water heater and have contractors install it, the homeowner is ensuring that water is only being produced when it is needed. That means there is less water and less waste being created. Also, if something goes wrong and the water heater needs to be changed out, or the homeowner needs plumbing services performed on it, there is no draining to be done. This is because with tankless water heaters, there is no buildup of unused water waiting around in a reservoir. This can make plumbing services easier. Also, since the water is being made hot only when required, homeowners spend less on their utility bills, because they are not heating up water simply to have it sit around in a tank for use later. It has been shown that having to heat up water consistently can account for 30% of the average home?s budget when used for energy. Going tankless is just another reason to help save on both the energy and finance end.
Tankless Water Heaters Last Longer and Take Up Less Space Than Most Homeowners Realize
On average, tankless water heaters last roughly about 20 years before needing to be replaced. In contrast, the average regular water heater lasts about 10-15 years. Since homeowners are able to get more out of a product that is designed to last almost twice as long, investing in a tankless heater can save money over the long run just in replacement fees alone. There is another benefit to the decision to purchase a tankless water heater when it comes to the issue of space. Since traditional water heaters take up a great deal of space, they often have to be stored in a utility closet, downstairs, or in a similar set up. Tankless heaters are much smaller, since they do not have to hold water that has already been heated up. This can give homeowners back a great deal of space, without worrying about space for the water heater, as well as allowing room for general contractors to work on it.
There are many different reasons why it is helpful to purchase a tankless water heater and how it is helpful for households looking to save money. If homes are not using a great deal of hot water, that alone is a helpful point when purchasing a tankless water heater. Homes that do not need a lot of hot water can benefit from the on-demand usage of a tankless water heater, and those who do not want to sacrifice space will find it efficient as well.