Most homeowners don’t plan ahead when it comes to replacing their water heater. Until it breaks down then we start looking at our options. In recent years tankless water heaters have increased in popularity. Tankless water heaters are also known as an instantaneous, continuous flow, or on-demand water heaters. The best purchases are well planned, especially if it’s a large expense. If your water heater is approaching ten years old then it’s time to start talking about purchasing a new one. While most homeowners know that tankless water heaters exist, they wouldn’t think of buying one. The fact is, a storage tank heater is all we’ve ever known, and we wouldn’t dare step outside that box. Now, let’s step outside the box and consider a tankless water heater for your next purchase.
Natural Gas Tankless Water Heaters Are The Most Efficient
Tankless water heaters are called tankless for the apparent reason, they don’t have a storage tank. They are also known as an instantaneous, continuous flow or on-demand water heaters for the simple reason that water is heated and sent to your tap or shower instantaneously. That means less time is spent watching the water go down the drain while waiting for hot water to hit the showerhead or faucet. Tankless water heaters come in natural gas, propane, and electric, but natural gas is the most energy-efficient of the three.
Your Tankless Water Heater Can Pay For Itself Over Time
Heating your water is considered the second-largest monthly expense in your home, accounting for 14% to 18% of the utility bills. Additionally, $400 to $600 is what it costs to heat water annually. A tankless water heater can significantly reduce that cost. One of the cons of purchasing and installing a tankless heater is the cost, usually about double that of a storage heater. The claim is that the energy savings alone can pay for the heater over its lifespan. But that’s only part of the picture, according to Zillow’s home listing analysis. They discovered that homes with tankless water heaters sold for 4% more than their expected value. Additionally, the houses also sold 43 days faster than expected. They are, without question, a good investment in your home.
Life Expectancy Is 20 Years Plus
The life expectancy of a tankless water heater is 20+ years compared to a storage tank heater, which has a life expectancy of 10 to 15 years. Depending on how much hot water your home uses, the average household can save at least $100 per year in energy costs. You can also see reduced water costs because you’re no longer waiting for water to heat. Another feature is that it takes up a fraction of the space versus conventional heaters.
Benefits Of Owning A Tankless Water Heater
- They are 8% to 34% more energy-efficient than storage heaters.
- The life expectancy of a tankless heater is 20+ years.
- Water is instantaneously heated when needed, saving energy.
- The energy savings can pay for the heater over its lifespan.
- It uses a minimal amount of room for installation.
- It is recommended by the EPA as the best choice.
- Homes are sold for 4% more and 43 % faster.
Hundreds Of Top-Notch Reviews Under Our Belt
At Big B’s Plumbing, we have a tankless water heater specialist standing by, ready to empower you to make an educated decision on the type of water heater that’s right for you and your family. We’re an A+ rated company with the Better Business Bureau with hundreds of top-notch reviews under our belt. Call today and get the value and service you deserve.