If you've decided to get a new water heater—either because yours just went out or you're tired of overpaying for utility bills—you should take a long, hard look at going tankless. Once a niche product with a fiercely loyal following, tankless water heaters now are the optimal choice for people who want to maximize efficiency in their home.
Here are just a few reasons you should consider a tankless water heater installation.
1. Lower Energy Bills
No question about it, one of the biggest advantages of going tankless in your next water heater installation is the cost savings. Depending on how much water your household uses on an everyday basis, you could save as much as 24–34% on your next bill. If you truly want to maximize your savings, you can even install an on-demand water heater at every station, and bump that efficiency up to possibly 50%. This will more than offset the initial cost of a tankless heater as opposed to a traditional tank, and could even positively impact your home's resale value.
2. Longer Lifespan
Traditional hot water heaters last anywhere from 10–15 years if it's regular maintenance is performed. A tankless water heater can last up to 20 years (or even more) but does require maintenance every six months or so to keep them operating at peak efficiency. Still, it's a small price to pay to have something installed that will last that long, since most of your other appliances will fail long before your tankless water heater does.
3. More Hot Water
If you've ever experienced the frustration of someone in your house using up all the hot water and having to wait possibly hours for it to refill, you know one of the other advantages to having a tankless heater: more regular hot water. Traditional tanks have a limited amount of hot water that they fill up in a reservoir and then dispense it as needed throughout the house. Once it's gone, it has to refill and reheat. Tankless heaters don't have that problem. They heat water as it's being used, which means you can run it for a much longer period of time than a tank water heater.
It's no wonder why so many water heater installations that are tankless go into large family homes: When one person takes a long, hot shower, the others aren't left out in the cold. Contact water heater installation companies to learn more.