Top 3 Reasons to Install a Tankless Water Heater

If your current water heater has reached the end of its useful lifespan, you may be considering not just replacing it, but also upgrading to a tankless water heater. There are a number of reasons why tankless water heaters are a better choice, including that they heat water faster than traditional units.

That’s right- with a tankless water heater, you get hot water on command! No more waiting for the tank to heat up! If instant hot water throughout your entire house sounds like something you could get behind, then check out these other compelling reasons why switching to a tankless water heater is the way to go:

1. They conserve water
2. They save you money
3. They take up less space

Read on to hear a little more about each of these benefits of tankless water heaters.

They Conserve Water

Many people don’t know this, but we are currently experiencing what scientists are calling a global water crisis.

That means that humans are using up water faster than nature can replenish it. It is an issue that all humans contribute to, and one that all humans can help to resolve.

How can you help with the water conservation effort? One simple way is by switching to a more eco-friendly water heater!

Tankless water heaters are more energy efficient, meaning that they can heat the same amount of water (and sometimes more) as traditional units, while using less energy.

Since they only heat water when it’s needed, they also don’t waste an entire tank of water if it isn’t used in time, the way storage tank units do.

They Save You Money

Due to the energy efficiency of tankless water heating systems, they are also known to help lower your monthly energy bill.

Your actual energy usage, as well as your water heater costs in general, depends on whether you are using a gas powered water heater or an electric one. According to the US Department of Energy, tankless water heaters that run on gas can save homeowners upwards of $100 per year on their energy bill.

Electrically powered tankless water heaters can save as much as $44 per year. While the initial cost of a tankless unit can be as high as $5,000 for the unit and the installation, tankless water heaters are expected to last anywhere between 20 to 30 years, which is double the lifespan of a traditional water heater. That means that aside from your annual energy savings, you’ll be able to go twice as long without having to replace your water heater.

They Take up Less Space Than Conventional Water Heaters

The final reason to switch to a tankless water heater is to get yourself a little more floor space in your home!

Whether your water heater is located in your garage or basement, or in a utility closet, getting rid of that bulky water storage tank can free up space for other things!

Research is always important when deciding to install a major appliance like a tankless water heater. Find the right tankless system for you, and call Bud’s Plumbing & Repair Service! Our plumbing contractors want to help you get the best tankless water heater installed in your Evansville home. Just call (812) 618-9638!