Benefits of Installing a Tankless Water Heater in Your Home
It’s no secret that over time, technology improves and appliances and electronics advance with it. This holds true for tankless water heaters. In recent years, water heater manufacturers have made strides with tankless technology and it continues to benefit homeowners across the nation.
Top 10 Benefits of Tankless Water Heaters
- Great for resale: Though this might not be the first thing on your mind, tankless water heaters can significantly increase the value of your home as they are considered modern conveniences.
- Return on investment: The initial cost of a tankless water heater might scare you at first, but don’t shy away yet. Over the course of the 20-year life of the appliance, you can expect to save up to $1700 in energy costs alone. You will more than pay for the system in energy savings.
- Space savings: Tankless water heaters are only the size of a travel suitcase and can often be mounted on the wall to free up space in your home.
- Longer lifespan: A tankless system will last you a good 20 years as opposed to a conventional unit which will typically need replacing after 10.
- Energy efficiency: Hearing that a tank-type water heater is about 75% efficiency probably sounds pretty good – until you hear about tankless. Tankless systems will give you 95% efficiency, meaning 95% of its energy is used to heat your water. Less waste, more money saved!
- No sediment: Sediment builds up on the tank of your water heater so without on you have nothing to worry about. And no sediment means no cause for leaks or breakdowns.
- Endless hot water: One of the things homeowners like most about tankless is that they provide endless streams of hot water. No cold water sneaking in during a shower, and no waiting for the water to heat up.
- No leaks: The tank is the part of the water heater that cracks and ultimately leaks. So, again, without the tank you won’t experience any leaking.
- No flooding: Unless a pipe breaks, you won’t see any water pooling on the floor by the water heater because it has no tank that stores water.
- Consistent temperature: In a tankless, water passes over a heating element before it reaches the faucet. That element heats the water to the temperature you set on the thermostat so you can be confident that that you will get consistent hot water every time.