Water heaters are what provide your home with hot water. It’s what you have to thank for your hot shower, the water you wash your hands with, and the water you use to cook and clean. Essentially, it does a lot. According to the U.S. Department of Energy, water heater tanks typically hold 80 gallons of water for a household of 3-4 people. However, if you have a tankless water heater, hot water is generated on demand. There is no tank to hold all of the hot water, rather the water is heated when needed and then pushed through the pipes to your faucet or showerhead. If you’re considering making the switch because it’s time for a new water heater, here are three benefits as to why a tankless water heater is the way to go.
Water heaters are known for taking up precious storage space inside closets and basements. An 80 gallon tank can easily measure over five feet in height and about two feet in diameter. It’s no small machine! While water heaters are necessary, it’s not something to lose storage space over. A tankless water heater will save you storage space because it is able to be mounted on the wall (giving you back floor space) and an electric unit will be roughly 10 in. tall by 7 in. wide. A gas unit will generally be slightly larger, measuring 30 in. by 20 in. but this size still trumps in comparison to a traditional water heater.
Tankless water heaters are known for being more environmentally friendly because they are energy efficient. A regular unit will continue to make and store hot water, regardless if there is no one demanding hot water in the moment. That is how they are designed. However, tankless units are not continually producing hot water. They operate by heating up water on demand, so these units help conserve energy. It’s estimated that homes with tankless water heaters are 24-34% more energy efficient than homes with traditional units.
Because these units are more energy efficient, they are also more cost effective in the long run. Yes, tankless water heaters are an investment. They are not typically budget friendly from an initial purchase perspective, yet the benefits of the purchase will be evident over time. Homes with tankless water heaters save an average of $100 per year, but the savings don’t stop there. Tankless units also have a longer life span, ranging 5-10 years longer than a traditional unit. Because of this, a homeowner will have to replace a tankless water heater less than a traditional water heater which helps save money.
We understand purchasing a water heater is a big investment. Consider having one of our professionals come out to check your property and determine if a tankless water heater is the right choice for your household. Call PlumbV today at 919-932-8890.