Tankless Hot Water Heaters: Are They Worth It?

Arya

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Hot water is essential for everyday living. There are a variety of options to choose from when trying to figure out how you want to provide your home with hot water. Most homes are equipped with the standard water heater that supplies water from a large tank. But tankless hot water heaters have gained a lot of attention for the benefits they offer.

They Are Energy Efficient

Every homeowner wants to save money anywhere they can. Traditional water heaters have to constantly heat water stored in a reservoir, so it is ready to use. Since tankless water heaters only supply hot water as it is needed, they only use energy when it is required. This leads to a pretty significant reduction in energy consumption. Anytime you reduce your energy consumption, you will benefit as you also see savings in your utility bills. In time, you can save hundreds by using hot water on demand, rather than paying to keep idle water warm until you are ready to use it.

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You Can Enjoy An Extended Lifespan

Replacing major appliances is never at the top of anyone’s to-do list. You can expect a tankless water heater to last 10 years longer than most traditional water heaters. With proper maintenance, the tankless version can last 20 years. These are great options for people who are building homes and installing brand new units. If you are replacing an old water heater and plan to live in your home for a minimum of 10 years, a tankless water heater is a great option for both longevity and resale.

They Continually Produce Hot Water

Since there is no tank to store and warm water, the tankless water heater has to heat water when you need it. How does this work? Water runs over the heating elements inside the unit. The heating elements quickly heat up the water, then disperse it to wherever the water is needed. You never have to wonder if you are at risk of draining the tank, then have to wait for it to fill again. And, if you go on vacation, you won’t have a tank full of water wasted.

Considerably Smaller Space Savers

One thing we can often find ourselves short on is space. With some household items that are awkward and bulky, staying organized can become a challenge. The good news is, tankless hot water heaters can really help solve this problem. While traditional water heaters can measure up to 60 in high and 24 in wide, tankless versions are much smaller, and mounted on the wall. You can instal them above your washing machine, or in the corner of your laundry room. This frees up space for other storage solutions you may need to keep your home running smoothly.

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It’s The Safer Option

Traditional water heaters come with their own set of safety risks. Since the water tank is continually heating, they are prone to overheating and breaking down. In some instances, traditional hot water heaters have been known to explode. With no tank of water to deal with, the tankless counterpart has a significantly lower risk of overheating or explosion. Also, since they do not store water, they are far less likely to experience leaks and cause water damage. Traditional versions are much more prone to water leaks. Depending on where the unit is installed in your home, a leaking hot water heater can cause significant damage. If it is installed on the second floor of your home, you are at risk of the ceiling caving in under the weight of the unit.

Important Considerations

While tankless hot water heaters have a lot of benefits, there are some things you should consider before committing to installing one in your home. There is a much higher upfront cost associated with a tankless hot water heater. Over time, you have potential to recoup your investment with both the energy savings and the extended lifespan. You can discuss your family’s water usage needs with a plumber in Mission, BC. Professionals experienced in tankless hot water heater installations will help you decide what is right for your home. If you don’t select the right model, you may discover it isn’t dispersing the hot water effectively. Since most tankless water heaters run on gas, you will also need a ventilation system. So, this will need to be taken into consideration during installation.

Installing a water heater is a big decision. When figuring out what’s right for you, keep your family’s needs in mind and your future goals. Tankless water heaters are an investment that provide peace of mind, convenience, and continuous comfort.

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