Save Money On Your Utility Bills With A Tankless Water Heater

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When it comes to choosing a water heater, you have the option of choosing between a traditional water heater with tanks and a modern tankless water heater. Both these appliances have their own advantages. However, a tankless water heater offers many advantages over a traditional water heater and this is the reason, tankless water heaters have become popular with homeowners.

tankless gas heater

On demand hot water heater brings hot water anytime you want

A tankless hot water heater does not store water and heats up the running water. This is the reason, it is also known as an on-demand water heater. It heats the water directly. When you switch on the shower, the pipe supplies cold water to the water heater and in the water heater, an electric element or a gas burner heats up the water which is then delivered to the shower. You do not need to worry about running out of hot water with a tankless water heater which is the case with a regular water heater. However, one important thing you need to keep in mind is the low flow rate of the tankless water heater. One of the solutions to this is the installation of multiple tankless heaters.

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Tankless gas water heater has a longer service life

If you compare regular heaters and gas powered tankless heaters, you will find that tankless heaters have a life expectancy of more than 20 years whereas your regular water heaters are expected to last anywhere from 10 to 15 years. As far as the initial installation cost is concerned, the tankless water heaters are likely to cost more. You will pay more for the actual heater as well as for the installation. However, the energy usage of a tankless heater is lower as compared to a regular heater. Many research studies have been conducted to study the energy use of a tankless water system as compared to a regular hot water system. These research studies have found that the tankless heaters are likely to be around 30% more energy-efficient as compared to the regular heaters. The energy savings can be multiplied by installing multiple tankless heaters.

You may get cheap price especially for using costs on tankless heaters

It is estimated that an average family pays anywhere from $ 400-$ 600 each year for hot water. If you use a tankless water heater, it is possible to shave off around $ 100 annually from your utility bills. In short, a tankless water will pay for itself in just a few years and then, you will keep on saving money each year. The only thing you need to do is to make sure it is serviced regularly and there are absolutely no problems with it.

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Tankless water heater can be more energy effcient

Overall, it has been established that a tankless gas water heater is much more energy-efficient as compared to a regular water heater. The installation costs are higher and the actual water heater also costs a bit more than your regular gas water heater but the difference in cost can be easily recovered in just a few years. However, it is also important to buy only a good brand as there are many no-name brands available in the market at a cheaper price. These no-name brands are not reliable and you might have to spend a lot more money on maintenance and repairs in the long run.