What are the Economic Benefits of a Tankless Water Heater?
There are certain points to consider when deciding the economic benefits of a tankless system, and a home or business’s water usage is primary in this decision. Homes or businesses with usage at approximately forty gallons or less can expect a tankless system to be a third more efficient than traditional systems. When usage is above forty gallons it is considered heavy use.
Homes and businesses with heavy usage that is double the normal usage of normal homes can expect a tankless system to be approximately ten to fifteen percent more efficient than tank hot water heater models. The most significant savings are achieved by installing tankless systems at every source of hot water in the home. When this installation method is used, the energy savings can be one quarter to fifty percent of the normal costs. These are significant savings especially for homes or businesses with heavy use. A single tankless heater can translate to approximately one hundred dollars annually.
The costs to initially install a tankless system are more expensive than tank models, but tank models only have a life of approximately twelve years. Tankless models are rated for twenty years. In addition, tankless models can be repaired versus replacement. Tankless manufacturers also offer replacement kits for certain parts that can be easily replaced by a handy homeowner or maintenance tech without the exorbitant price of hiring professional plumbers. However, in order to gain the complete efficiency that is rated for tankless systems, the systems must be initially installed by licensed professionals.
This is because the efficiency is dependent upon the proper installation. It is also important to research the particular brands that are available for quality and durability. The efficiency is dependent upon many things. However, the economic benefits are only one reason to upgrade the water heating system of the home. Because they last longer, tankless systems reduce the amount of water heating products that will eventually end up in landfills. Although there are models that use a pilot light to heat the water, tankless systems use significantly less fossil fuels than conventional tank models.
Get back control of your Greenwood home! Call Johnson Comfort at (317) 881-7738 for professional tankless water heater services.