Typical storage water tanks have you paying thousands in energy and water bills. The tanks need 40-50 gallons of water which must be heated 24/7 to provide a household with hot water whenever needed. If you’ve been looking for a more energy-friendly way of providing hot water to your home, it’s time you replaced your storage tank with a tankless water heater. It’s cost-effective, eco-friendly, and helps you save much on energy bills.
A tankless water heater only supplies hot water when needed. Therefore, you don’t have to heat 40-50 gallons of water; you only heat water as and when required. Water gets heated up while flowing through the heater into the plumbing system. It also means you don’t need a larger water reserve as in conventional water heaters, which saves on water bills and space. If you’re considering installing a tankless water heater in your household, here are some things worth noting.
Longer Heater Lifespan
According to Forbes, a water heater must be replaced every 10 years. You’re probably wondering if replacing your traditional heater with a tankless one will solve such problems. A tankless water heater lasts longer than a conventional one. With proper maintenance, the heaters last 12-30 years, nearly twice the useful life of a traditional water heater.
No Water Leaks
If your water tank had you fixing so many leaks over its useful life, a tankless water heater saves you from this problem. It doesn’t need a storage tank that develops leaks over time. According to Forbes, water leaks, among other problems like age, high energy bills, and frequent breakdowns, are the top reasons homeowners replace water heaters.
Huge Savings on Water and Energy Bills
You enjoy significant savings in water and energy bills because the water heats up as and when required. Research shows tankless water heaters save 27-50% in fuel costs. Moreover, you don’t have to wait 15-25 seconds for the water to get hot. Tankless water heaters produce about two to five gallons of hot water every minute because they don’t need to heat large volumes of water.
Adding Resale Value
Potential home buyers are more likely to consider a home with a tankless water heater than one with a traditional water heater. Their energy and water efficiency are incredibly appealing to anyone looking to save on utility bills. Also, buyers see it as a worthwhile investment because it doesn’t need to be replaced soon. Additionally, if the water heater has a warranty, it’s an extra benefit. Typically, tankless water heaters have warranties of 12-15 years. The buyer will likely enjoy the benefits if the homeowner sells the home before the warranty expires.
Tankless Water Heaters Don’t Explode
There’s a great misconception that tankless water heaters are prone to exploding. It couldn’t be further from the truth. Tankless water heaters, particularly electric ones, don’t have tanks that could overheat or experience dangerous pressure buildup.
Traditional water heaters are more susceptible to fires and explosions while heating large volumes of water. In addition, modern tankless water heaters are equipped with safety mechanisms designed to release pressure when it’s too high. They can also shut off the appliance when it starts overheating. If you’re still worried about safety, you could look for a tankless water heater with stainless steel casing. The casing provides an extra layer of protection against explosions.
Supply of Clean, Fresh Water
Another critical factor is that a tankless water heating system delivers fresh, clean water 24/7. Since it doesn’t need a storage tank, you never have to worry about bacteria building up or getting rusty water, as in traditional water heaters.
These six points should help dispel doubts or fears about installing a tankless water heater in your home. You save on water and energy bills and increase your chances of getting a buyer when selling your home. More so, they are less likely to explode, unlike their counterparts. For more everyday hacks, check out our website.
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