Is a Tankless Water Heater Right For You?

Is a Tankless Water Heater Right For You?

Are you doubtful whether the tankless water is suitable for you or not? Well, we’re here to help by showing you tankless water heater pros and cons. Tankless water heaters are different from standard water heaters. They don’t heat and reheat the water in the storage compartment to keep it hot. Instead, they generate instant hot water when you need it. All thanks to effective electric coils or gas burner systems.

Even though it requires more power to provide hot water on demand, it’s generally energy efficient. Unlike standard tank heaters, reheating the water repeatedly is unnecessary to keep it hot. You can minimize your energy bill with a tankless water heater. However, it’s still important to look into the pros and cons to know what you’re getting. Let’s start.

Pros

  • Instant Hot Water

Unlike a tank water heater, you can enjoy instant hot water with tankless water heaters. You don’t have to wait in line for the water to heat up before you use it. Also, it guarantees a constant hot water supply if you install a unit that fits your household.

While the standard tank can run out of hot water due to intense use at one time, this doesn’t. If anything, it can serve multiple household members efficiently. That said, at the primary level, you’ll get a hot water unit that delivers its promises without causing inconveniences.

  • Energy Efficient

According to the Energy Dept in the US, tankless water heaters are 24-34% more efficient than tank heaters. And that’s when you use about 40 gallons of water daily. However, if you double the amount of water consumption, the energy efficiency is still higher (about 8-14%). With enough units to cater to your household needs, 50% energy efficiency is not far-fetched with tankless heaters.

  • Space Saving

Since they heat water instantly, tankless water heaters don’t need a tank. As such, they tend to be compact and occupy less space than tank heaters. Therefore, it’s an excellent pick to conserve space in the storage area. Also, those with limited space for tank heaters can benefit from getting this appliance.

  • Money-Saving

Running a hot water system in the house isn’t cheap. And with the rising cost of gas and electricity rates, it can be hard to sustain it. However, having a tankless hot water system wouldn’t be a problem. Being an energy-efficient heater, the monthly rates are significantly lower than tank heaters.

  • Longer Lifespan

Among the top benefits of installing a tankless water system is its longer lifespan. If you get a standard tank model, it will serve you for about a decade. However, a tankless water heater lasts twice or half a decade longer.

Cons

  • Higher Initial Investment

Since they last longer than an average tank heater, they tend to be more expensive. Therefore, installing one is undoubtedly a significant investment. While you can find a standard tank heater for $500, the starting cost for an average tankless heater is double.

  • Limited Supply

While a standard tankless heater can guarantee a steady supply of hot water, there are times when it’s limited. It can simultaneously handle one person’s needs at a time instead of the entire household.

Getting Started

By comparing tankless water heater’s pros and cons, it is clear that they are energy efficient. Of course, it requires a considerable investment to secure it, but the monthly costs are small compared to tank heaters. If you’re confident that it’s what you want, you should invest in it.

For proper installation, contact Flamingo Plumbing & Backflow Services. We are your best bet with more than two decades of experience providing these services.