Blog Post

Tankless Water Heaters: Save Money and Increase Home Efficiency

  • By Admin
  • 20 Feb, 2019
Tankless Water Heater

Updating your home to improve efficiency can reduce the day-to-day costs you have to worry about. A lot of areas of most homes can use improvement, but one area that can make a big difference is the water heater. Whether you use gas or electric to heat your water, the cost of keeping it warm has the most significant impact on your monthly bill.

You should consider the benefits of updating to a tankless water heater. This upgrade could save you money as well as increase home efficiency.

Hot Water and Cost

Heating water for your home with a highly efficient water heater will help lower your utility costs, but once that water is hot, you need to keep it that way so when you turn on the tap, you get hot water. Most water heaters will store hot water in the tank and use a thermostat to monitor the temperature. The water heater then must turn the heating elements on and off to keep the water at the set temperature. This constant on and off cycle of the heating elements or the burner in a gas system is what increases the cost of hot water. A tankless water heater eliminates the need to keep hot water hot, which can decrease your utility costs.

Although, the biggest deterrent to switching to a tankless system for many people is the initial cost. Tankless water heaters can run for several thousand dollars, depending on the type, model, and size. But the cost saving is long-term, and the month-to-month energy bill can reflect small savings right away.

Tankless Water Heaters

A tankless water heater has the advantage of not needing to keep the water hot all day when no one is home. The system works on demand. In other words, you turn the hot water tap on and the water heater heats the water as you need it. It is never on unless you need hot water, so it saves electricity or gas, which saves money in the long run.

The tankless systems come in many different types and styles. If you are considering one, a professional can suggest what type of system will do what you need. Talk to your plumber about the options for your home.

Space Saving Heaters

Beyond the energy savings of the tankless water heater, installing a tankless system can save you space in your home. The tankless heaters are much smaller and open up the space formerly occupied with the hot water tank. A tankless water heater may be the best option for a small home that does not have a lot of room; whereas, in the past, a small space meant using a smaller tank, which is far less efficient.

Life Expectancy of Tankless Water Heaters

The typical life expectancy of a tankless water heater is around 20 years, far longer than the standard tank water heaters. The tankless heaters have less to go wrong and no tank to rust and leak. Combine that with the limited running time of the tankless heater, and you have a system that is far less likely to wear out or break down in a few years.

Flow Rates for Larger Homes

The flow rate on most tankless heaters is between 2.5 and 5 gallons of water per minute. In some cases, that is not enough to keep up with more than one fixture in the home ,so showering and washing dishes at the same time might not be possible. If you have a large house, you may benefit from having several smaller heaters installed in each bathroom and one in the kitchen. The smaller units are a little cheaper and would feed only the fixtures in the area.

Several smaller heaters can offer you more flexibility and still offer a lower operating cost. Because the unit is smaller and used less, it may save you more money.

At Rooter Express, we offer installation and service of tankless water heaters and can help you decide if these systems are right for you. Give us a call today, and we will come to look at your current plumbing to determine if your home will support a new system and give you an estimate for installation.

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