Whether taking a shower, washing your hands, or cooking, your water heater makes these everyday activities possible. As a homeowner trying to cut costs, you may want to save on bills as much as possible. Tankless water heaters heat water only when it’s needed, reducing wasted heat and energy.
If you’re thinking about replacing your current water heater, a tankless water heater could be the solution for you. Here are 4 benefits of tankless water heaters:
Energy Efficient
Compared to traditional water heaters, tankless water heaters save more energy. Tank-style water heaters experience what is known as standby energy loss. A burner heats the water and water is stored within the tank, waiting to be used. In other words, hot water stays in the tank whether it’s being used or not, which means that you could be wasting energy. This is especially true if you’re away from home while the traditional water heater is constantly firing up to reheat the water in its tank.
Space Saver
Tankless water heaters take up less space than traditional tank-style water heaters. Tankless water heaters have a compact design and can be mounted on a wall. So they are an ideal option for small spaces as they take up less room.
Endless Hot Water
Tankless water heaters offer a continuous supply of hot water. Most tankless water heaters can produce as much as 5 to 7 gallons of hot water per minute. This means that you would have more than enough hot water for multiple showers and for appliances to run simultaneously. Tankless water heaters simply never run out of water. With traditional, tank-style water heaters, when hot water runs out, it could take a long period of time for the tank to fill back up with hot water. Not to mention the high energy costs that come with storing hot water that may not be used.
Longer Life Expectancy
Tankless water heaters can last twice as long as conventional water heaters. They typically offer a longer warranty as well, so if anything goes wrong with your tankless water heater, you won’t have to pay for repairs or replacement. This can help homeowners save money in the long run. Warranties can last up to 20 years, which is the average lifespan of a tankless water heater.
Are you looking to install a tankless water heater to reduce energy costs? Contact FiveStar Plumbing and HVAC to get a quote about tankless water heater installation for your home.
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