Traditional tank storage water heaters are standard across many households, and when properly installed, can get the job done reasonably well. While nothing is wrong with a traditional water heater, claims about tankless water heaters being more energy-efficient and saving money have caught your eye. You may have been wondering if the upgrade is worth it, and we’re here to tell you why getting a tankless water heater should be your home’s next investment.
Energy-Efficiency
Most traditional water heaters run off gas-powered systems that require a standing pilot light to warm up your water. The issue with pilot lights is that they need constant power, meaning when you are not using your hot water, your water heater is still using some form of energy.
Tankless water heaters do not require pilot light systems and heat water on demand. Note that your energy efficiency can vary between a gas-powered or electric-powered tankless water heater.
Storage
Any homeowner with a traditional water heater can attest that those water tanks can take quite a lot of space during the installation. Storage tank systems are pretty clunky and otherwise cumbersome compared to tankless water heaters that usually require a small wall space to be mounted. Albeit a small benefit, having more space for storage is always a good thing.
Saving Money
We need to address the elephant in the room, and that is how much money a tankless water heater can save. Tankless water heaters can save on your monthly energy bills, but how much you save is highly dependant on numerous variables such as the number of people in your home and even the age of your home.
Tankless water heaters have a better return on investment over time for homeowners that use much water. For smaller homes or single homeowners who live independently, a tankless water heater may not be as cost-efficient as sticking with a traditional water heater. Likewise, tankless water heaters are great for newer homes but can be a little more expensive to install in older homes, requiring some retrofitting.
Life Expectancy
With proper maintenance, your traditional water heater should last up to ten years but will need replacement. A tankless water heater can survive up to twenty years. The benefit of tankless systems is that you can replace the unit easily without worrying about retrofitting new fixtures, like when replacing a tank system.
At Dial Duron Service Co. choosing a water heater is a significant investment to make, and we know it can feel overwhelming. That’s why when you call us at (321) 341-3625 we’re here to help find the best water heater for your home.