Why You Should Consider A Tankless Water Heater

Is a tankless water heater a worthwhile investment? There are a lot of things to consider if you’re thinking of replacing your traditional water heater, with the cost range and the installation. You must first weigh the advantages and disadvantages to determine if a tankless water heater is a right option for you and your family.

What is a Tankless Water Heater?

A traditional heater system stores the water in a large tank and is continually heated to maintain the water at a constant temperature. Traditional tank heaters basically use energy (standby heat loss) that keeps water hot even when not in use. With the elimination of the standby heat loss, the tankless water system is a more efficient way of heating water without wasting energy.

Tankless water system, which is also known as demand-type or instantaneous water heaters, provides constant access to hot water only when needed. Tankless systems will heat incoming water directly without the use of a storage tank.

Here are some factors why you should consider upgrading to a tankless water system:

Efficiency

The major advantage for the tankless water heater is its efficiency. Tankless systems are significantly cheaper to run by not needing a large amount of water that is constantly heated. Though the upfront cost will be more expensive compared to traditional heaters, in the long run, you will be saving more.

Lasts Longer

On average, traditional tanks have a lifespan of ten to thirteen years. The lifespan of a tankless water system will last much longer up to 20 years or over, which is preferable than traditional tanks because it will last much longer.

Less Space

A tankless water heater will take up significantly less space without the need of a large tank. So if you’re thinking of freeing up some space and saving up a few square feet at home, a tankless system is a way to go.  

Cost

Tankless water heaters will range from $800 and can reach to $1,500 for the higher efficiency models, while standard water heaters range only from $250-$600. Though tankless water heaters are more expensive than traditional ones, you just need to pay extra on a one-time basis, but in the long run, it can save you up to 60% of heating water energy which accounts for 30% of your monthly electric bill.

Comfort and Safety

If you’re frustrated from waiting for a rusty tank of standing water to heat up before the next family member can shower, consider going tankless. A tankless water system is more convenient because it will instantly heat water every time you need it.  In addition, with traditional hot water tank, if they’re not maintained properly can be hazardous.

If you have any questions and for more information on tankless water heaters, call Builders Heating & Cooling at (708) 375-5228. Our professional technicians will be glad to assist you all the way!