The Pros of Tankless Water Heaters
Tankless water heaters (aka demand-type water heaters) — do they live up to the hype? Tankless water heaters can save energy, but at a higher initial cost (up to three times more than storage heaters) and need to be installed by a professional. The biggest advantages are that tankless water heaters eliminate the extra cost of keeping 40-50 gallons of water hot in a storage tank, so you waste less energy and save money.
How do they work?
Tankless water heaters heat water directly, without the use of a storage tank. When you turn on the hot water, cold water travels through a pipe into the unit and is heated instantly by a gas burner or an electric element. This is why tankless water heaters can deliver a constant supply of hot water, eliminating the need to wait for the storage tank to fill up.
- A tankless water heater uses up to 50 percent less energy.
- Installing one could save a typical household around $100 or more per year.
- They offer a continuous supply of hot water, which is ideal for bath and jacuzzi lovers.
- They’re more compact than a standard water heater and can mount on a wall.
There are additional upfront costs in installing the unit, but you will be happy with the cost savings and convenience that come with a tankless heater.
Still on the fence about a tankless water heater? We’d be happy to discuss options with you and install them for you when the time is right. Call Hope Plumbing (317) 641-4673 to talk to one of our professionals.
Sources:
http://www.familyhandyman.com/plumbing/water-heater/the-pros-and-cons-of-tankless-water-heaters/view-all
https://energy.gov/energysaver/tankless-or-demand-type-water-heaters
