Tankless water heaters have seen a huge boom in popularity in recent years, due to their energy efficiency, cost-effectiveness, longevity and accommodating size. Although the initial investment may seem intimidating, you are most likely losing money in the long run by not switching to a tankless hot water heater.
Tankless water heaters, also commonly called on-demand water heaters, are the new standard in water heaters. Is your home or business is still losing money by not using a tankless water heater? Find out just how making the switch can help restore your savings.
You’re Overpaying On Your Energy Bill. There’s no hiding the fact that traditional tank water heaters are not as efficient as tankless water heaters. The lack of efficiency comes from the 40 – 50 gallon tank of water needing to stay heated at all times, so it is constantly using energy. Tankless water heaters heat the water only as it is needed, or “on demand,” making them about 30% more energy efficient than traditional tank water heaters.
Traditional Water Heaters Have A Shorter Lifespan. While a conventional model lasts approximately 15 years, a tankless water heater has a lifespan of 20 years. So, while the initial investment might be somewhat higher, you’ll definitely get a good return and a product that lasts for years to come without the need for an early replacement.
The Tank Is Taking Up Space In Your Home. A traditional water heater is a large appliance that takes up approximately the same space as a fridge. An on-demand water heater is a better choice, as it’s approximately the same size as a desktop computer and can easily be mounted to a wall. This will free up several square feet of space in your home that you were previously unable to use.
Unnecessary Repairs Are Bound To Happen. If you’ve had a water heater leak in your basement, you can recall the frustration and cost associated with repairs. Because tankless heaters do not store water, you will never have to worry about leaks causing damage to your home.
Consult With A Plumber. While Energy Star estimates that the average family can save $100 per year by using a tankless water heater, every home is different. Give us a call at Payless Water Heaters! Our team of experts can answer any and all questions you may have about water heaters, tankless or otherwise and help you determine how much money you can expect to save by upgrading to a tankless hot water heater.
For 24/7 water heater repair from reliable, experienced professionals, contact Payless Water Heaters: (866) 615-4008. Because we specialize in water heaters, we routinely save our customers hundreds of dollars compared to traditional plumbers, and we never charge overtime fees. Read reviews from our many happy customers.