There are so many reasons that tankless water heaters have become so popular in recent years. Homeowners have realized that they can save a lot of money by moving away from tank-based water heaters, and investing in smaller and more energy-efficient, tankless water hearts.
One thing that is surprising to homeowners is that tankless water heaters actually have a longer working lifespan than traditional, tank-based water heaters. They also have much lower operating costs than older, tank-based heaters.
Today, we are going to be taking a look at 5 signs why a tankless water heater is the right choice for you.
- Your Tank-based Water Heater is Getting Old
The majority of tank-based water heaters have a viable lifespan of 10 or 15 years. Unfortunately, many of them only have warranties that cover them for a half or a third of that time.
When your water heater gets older, it becomes increasingly less efficient. Parts of your water heater can get clogged. Long-term use can lead to a build-up of grime and corrosion, which leads to poorer heating performance, higher heating costs and expensive repairs.
After your warranty runs out, you should be having an expert inspect your water heater every year. They will be able to check your heater for corrosion, leaks, other issues and normal wear and tear that can reduce the efficiency and lifespan of your water heater.
If you know that your water heater is getting old and wearing out, you should explore replacing it with a tankless heater. Tank-based water heaters can be expensive to repair and replace, and this might be the perfect time to replace your old heater with a new tankless water heater.
- Tankless Heaters can Lower Your Energy Bill
Water heaters consume a lot of electricity. In fact, your water heater may contribute to 18% or more of your total monthly energy consumption.
One way that you can significantly reduce your monthly electric bill is by investing in a tankless water heater. Tankless water heaters are far more energy-efficient than traditional tank-based water heaters.
Think about your current water heater. Tank-based water heaters are large, holding anywhere from 30 to 60 gallons of water at a time. It heats your water and holds it in that insulated tank so you can have hot water, on-demand. This means you are spending a lot of money to heat your water, even when you aren’t using it.
The difference in energy efficiency between tank-based heaters and tankless heaters is in the design. Tankless heaters provide you hot water that is truly on-demand. Your water runs through the tankless system, which utilizes a series of heating elements to heat your water to the desired temperature. This means you aren’t going to be paying to constantly keep your water warm, like you would with traditional tank systems.
- You Always Run Out of Hot Water
Another issue with tank-based models is running out of hot water in your tank. When you use up all of your heated water doing the dishes, taking a shower or bath, or doing your laundry, it can take forever to get hot water again.
Tankless water heaters don’t use a tank. That means they aren’t limited to holding 30-60 gallons of hot water at a time. Tankless water heaters generate hot water based on gallons per minute, meaning they can continuously heat water at this given rate. Most tankless heaters can heat water to the desired temperature at a rate of two to five gallons per minute.
- You Use Hot Water at Different Times of the Day
Tankless water heaters have a lot of advantages, but they tend to fall short if your entire household is using hot water at the same time. If this sounds like your home, you’ll probably want a tank-based water heater that can hold many gallons of hot water, so there is enough to go around. That way you can have plenty of water on hand if you need to cook or wash dishes, do laundry or have multiple people using faucet showers, at the same time.
However, if you and your family spread your hot water usage throughout the day, a tankless water heater would be great for you.
- A Greater Initial Investment for Long-term Savings
Tankless water heaters are significantly more expensive than tank-based models. Tankless water heaters can cost double or triple the amount that tank-based models do, after installation costs are factored in.
Keep in mind that you are going to be making a greater initial investment, for lifelong savings. Tankless water heaters have longer lifespans than tank-based heaters. They also have much longer warranties and a simple design that requires much less maintenance than tank-based heaters.
If you are planning on staying in your current home for the long haul, tankless water heaters can save you thousands of dollars in heating costs over the long run.
If you have been considering investing in a tankless water heater but aren’t sure if it's the right choice for you, Visit WWC Supply today.