Do Tankless Water Heaters Really Save You Money?


Tankless water heaters have become a huge hit these days and many of them who have been using conventional water heaters with tank started switching to tankless types because of the many benefits that these models offer. Do tankless water heaters really match up to the kind of expectations that it has created? Are they a worthwhile investment?

There are many advantages that tankless water heaters come with and one amongst the major reason for people to prefer over tankless model is the amount of money they are able to save by making use of the tankless water heaters.

Do Tankless Water Heaters Really Save You Money?

#1 How Tankless Water Heaters can Save Your Money

#1 Energy efficient

It is a well-known fact that every house would require a certain amount of hot water to be used on a daily basis and it can be very well said that heating water takes up 30 percent energy consumption in a household. Tankless water heaters are designed to bring down energy consumption to a considerable extent. There are a lot of tankless water heater models available in the market. Some work using electricity and some work by making use of gas.

Tankless water heaters heat water instantly and it takes only a few seconds for the water to get inside the water heater and pass through the burner and you will get hot water ready to be used. This means there is no necessity to wait for the water to get heated. In case of traditional water heaters, you need to wait for the water to get inside the tank and then get heated. This is not only a long process but is going to consume a significant amount of power. By making use of tankless water heaters you can save a great deal of money.

#2 High Tech

Almost all tankless water heaters come with advanced technological features that enable you to save a lot of money. For instance, the auto temperature adjustment facility and auto shut off facility is going to bring down energy consumption. Tankless water heaters come with new and advanced features from time to time making it the best option for one and all.

#3 Lower Operating Costs

The operating costs are considerably low in the case of tankless water heaters. In traditional water heaters, it is going to take some time and a lot of energy for the heating process inside the tank. Also, in the case of traditional water heaters, you need to reheat the water after a particular period of time. This is going to cost a lot. The digital automatic temperature control helps to adjust the water temperature as per the requirements. In case, you stop taking hot water, the heater would automatically stop working, preventing energy usage.

#4 Durable and Reliable

One of the winning points when it comes to tankless water heaters is the fact that they are quite durable. Once you invest on a tankless water heater, you can be assured that it will stay perfect for regular usage for the next few years. The average lifespan of a tankless water heater is 13 years which is quite good when compared to traditional water heaters that come with tanks. In fact, traditional water heaters are known to become fault in just about 2 to 3 years from the time one starts to use it. The tank inside the traditional water heater is prone to damage easily and would erode quickly, leaving you with no option but to change the water heater.

Tankless water heaters turn out to be ideal for regular and prolonged usage. You can be assured about the safety and reliability factors once you buy the tankless models.

#5 How to bring down costs in Tankless Water Heaters?

Have you made up your mind to buy a tankless water heater now? Just wait and take note of few things before you jump into the process.

  • Though there are many brands of tankless water heaters available in the market these days, only a few of them turn out to be reliable. When it comes to buying tankless water heaters always go with top brand names. Rheem, Takagi, Rinnai and some more brands have created a mark in the tankless water heater space with its stupendous performance.
  • It is highly important that you carry out the installation process perfectly. It has a huge impact on cost and the durability factor of the tankless water heaters. If not installed properly, it would increase the operating cost and the unit will get damaged easily. So, ensure to take care of this aspect. Always go with tankless water heaters that offer warranty to the units sold.
  • You need to buy a tankless water heater unit as per the requirement of the household. If you buy a unit with lesser capacity than your requirements, it would cause unnecessary burden on the unit leading to damage. It would also hike the energy consumption. Keep in mind the capacity of tankless water heaters when you get one.

On the whole, it can be understood that tankless water heaters are definitely cost-effective and saves a considerable amount of money when compared to traditional water heaters.


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