If you’ve been considering replacing your water heater this season, you’ve no doubt heard of the relatively new tankless water heating systems. Instead of heating a tank of water, these systems heat water on demand via a system of super-heated coils. Though they are initially more expensive than traditional systems, they are a great way to reduce your overall household energy usage as well as lower your energy bills. However, using less energy and saving money are just two of the many reasons to make the switch to a tankless system.
Benefits of Choosing a Tankless Water Heater
1. Energy savings. Because you don’t have to heat the water in a tank 24/7, even when you’re at work or asleep, you’ll use less natural gas or electricity, which helps to reduce your household’s carbon footprint.
2. Space savings. Tankless water heaters are about the size of a suitcase and hang on the wall. That’s a lot less space than the traditional water tank.
3. Lower utility bills. Of course, using less energy translates into lower utility bills. According to the U.S. Environmental Protection Agency, the average household can save $100 per year by making the switch from a traditional water heating system to a tankless system.
4. Continuous hot water. Since a tankless water heating system heats water on demand rather than accessing water in a holding tank, you’ll never run out of hot water, no matter how long your shower or how many people there are in your household.
5. Longer lifespan. Another major benefit of using a tankless water heating system is that such systems last considerably longer than traditional systems. The average lifespan of a tankless system is around 20 years; the average lifespan of a traditional system is around 8-12 years.
To learn more about adding a tankless water heater in your home and/or to find other ways to save money on your home energy bills, contact us today!