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Are Tankless Water Heaters Worth It?

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When it comes to creating an energy-efficient home, tankless water heaters are among the newer tools available to homeowners. To meet your hot water requirements, these heaters are designed to heat water instantly, with the help of powerful electric heaters or gas burners. Traditional water heaters normally have to keep heating and re-heating water in a tank to keep it warm until it is needed; resulting in unnecessary energy wastage.

Overall, tankless water heaters are considered to be up to 22 percent more efficient than their traditional counterparts; owing to their unique water heating process. Read on below to learn more about the main reasons why you should consider making the switch to a tankless water heater.

Instant Hot Water

As previously mentioned, tankless heaters normally heat water instantly. This means that they can be used to provide users with a continuous stream of hot water instantly; after flushing out any cold water in the system. Most importantly, these heaters give you a continuous/unlimited supply of hot water, unlike the traditional heaters, which are limited by the capacity of the hot water storage tank in use.

Extended Lifespan

In comparison to traditional water heaters, the tankless variety offers extended service to users. Tankless heaters are built using high-quality and durable materials. As such they are known to last twice as long as their traditional counterparts – which must be replaced after every ten years, in most cases.

Lower Monthly Costs

Simply put, tankless water heaters consume less energy over time, than their traditional rivals. According to figures published by Consumer Reports, these water heaters are around 22 percent more efficient than traditional heaters. While this figure may not be huge, it is worth noting that the cost savings made can add up to significant amounts over longer periods – like say, a year.

Space Savings

If you live in a smaller home where space comes at a premium, you can save a lot of space by choosing a tankless heater. Since their design does not include a massive water storage tank, these heaters can be installed on a wall; thus, freeing up a lot of space.

Special Financing and Tax Breaks

A 10 percent tax credit on the cost of acquiring and installing tankless water heaters is offered by the federal government, as of December 2016. This helps reduce offset the high initial cost of these heaters.

Conclusion

If you are thinking about having a tankless water heating system installed in your Ashland, MA home, contact S.A.A.B Plumbing and Heating today to talk to an experienced plumbing and heating professional or schedule an installation service. We provide Free estimates for new installation work and we also provide annual tune-ups on both gas and oil heating equipment.

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