Choosing a tankless water heater instead of a storage tank heater has many benefits, that can impact you not only financially, but also the environment that many of us strive to preserve on a daily basis.
Currently, the most popular energy-efficient option for water heating is a tankless water heater, also known as an on-demand system. Unlike a traditional tank that heats a reservoir of water 24 hours a day, a tankless unit activates only as needed. When there is a demand for heated water, cold water travels through the tankless unit, where a gas burner quickly heats it to the preset temperature.
Let's take a look at some of the most common benefits of owning a tankless water heater:
- You can shave as much as 20 percent from your water heating bill.
- Many tankless units come with some type of federal tax rebate.
- Electric models do not product greenhouse gases.
- They do not run out of hot water.
- They only need enough power to heat the amount of water necessary at any given moment
- They last between 5 to 10 years longer than your average tank heaters.
- Smaller units can be installed under cabinets or in a closet, closer to the point of use, depending on the model.
- They're more efficient with no standby heat loss.
- They take up less space and can even be installed on walls or outdoors, depending on the model of heater.
Please note that you will need routine maintenance performed on your tankless water heater, but your investment lasts longer, can save money on utilities and reduces your impact on the environment. Visit Energy.gov to learn more about water heaters and the benefits of going tankless.