Key Advantages Of Tankless Water Heaters
Have you ever thought about replacing your traditional hot water tank and getting a tankless water heater installed at your house? Although on-demand or instantaneous water heating systems might seem like a strange concept that sounds like it couldn’t work as well as a tank does, you might be surprised at the number of benefits that it provides to homeowners and why it can potentially be one of the best investments you can make for your home.
Your hot water heater is one of the highest energy consuming appliances in your entire house and costs you hundreds or even thousands of dollars per year in energy bills. A conventional hot water tank wastes lots of energy keeping water hot even when you aren’t using it. Fortunately, this is not the case with tankless hot water heaters. First let’s discuss how they work and then go over the key advantages of tankless water heaters.
Tankless water heaters, which are also called instantaneous or demand-type water heaters, only provide hot water when it is needed. Standby energy losses are not produced the way they are with a storage water heater with a tank, which can help to save you money.
How A Tankless Water Heater Works
Water is heated directly without using a storage tank. When the hot water tap gets turned on, it sends cold water through a pipe to the unit. Then the water is heated by either an electric element or gas burner. This results in a continuous hot water supply being delivered to the user. It isn’t necessary to wait for the storage tank on the water heater to fill up with hot water.
Tankless water heater typically will deliver around 2-5 gallons of hot water per minute. Higher flow rates are produced by gas-powered tankless water heaters compared to electric ones. For large households, two tankless water heaters or more can be installed and connected to supply sufficient amounts of hot water simultaneously.
The following are some of the key advantages to selecting a tankless water heater for your house. In many situations they can be the best type of water heater to invest in for you home.
1. Use Less Energy
One of the major advantages to choosing a tankless water heater is the reduced amount of energy it uses. In some situations, the energy savings can reach close to 50 percent compared to a regular tank water heater. This is because conventional hot water tanks storing water experience what is referred to as “standby” losses, where heat evaporates through the sides or flue of the tank. Tankless heater do not leak the way a tank can, which also can help to reduce maintenance costs and expenses associated with drips.
2. Takes Up Less Space
Another advantage provided by a tankless water heater is that it uses less floor space compared to a tank water heater. That is due to the fact that a tankless water heater gets mounted to a wall and a large reservoir is not needed. This results in them taking up much less room compared to a tank heater. For small homes without a lot of extra space, going with a tankless solution can free up some very valuable space.
3. Provides Instant Hot Water
Another major advantage is the convenience of being provided with hot water instantly. You do not have to worry about running out of hot water when taking a shower or having to wait for the tank to fill up before having enough hot water to use. So there is no to little lag time involved when you want to use hot water.
4. Potential Tax Rebate
A nice tax incentive is offered by the federal government for installing a tankless water heater. You may be eligible for a tax credit when completing your tax return with the IRS. This may vary from one year to the next depending on what the current tax laws are and the varying efficiencies of different tankless hot water heaters. Consult with your tax professional to see who much of a tax credit you are eligible for.
5. Longer Lifespan
On average a tankless water heater will last longer than one with a tank. Since large quantities of water do not have to heated constantly it significantly reduce the amount of potential oxidation and stress placed on the heater’s components. A tankless water heater, on average, will last twice as long at least compared to a tank water heater. Many tankless units will last for 20 years or more.
6. Cleaner Water
With a traditional tank water heater, scale and rust can build up within the tank, which is where the hot water is stored that you use for consumption, bathing and washing. With a tankless water heater you will be provided with cleaner, fresher water.
The water temperature is precisely controlled by a tankless water heater. Therefore, it is much less likely that there will be dangerous temperature spikes and levels that occur. Another safety advantage comes from the fact that there is reduced exposure to toxic dissolved metal, which have a tendency to accumulate in a conventional hot water tank.
8. Low Flood Risk
One major risk to having a tank water heater in your home is the potential for serious flood if the tank bursts. A leaking tank may produce large amounts of water that may potentially cause major damage.
However, since a tankless water heater does not have a tank, this danger is not present. Although a tankless water heater can still potentially leak, so that there is still some risk of water damage, not having a tank considerably reduces this danger.
As you can see there are significant advantages to tankless water heaters, which make them a great investment for many homes. They do tend to cost more than a tank water heater and do not produce hot water in as high of quantity, but overall they can be one of the best investments you can make for your home.
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