Tankless Water Heater Advantages
- Instant Hot Water: When you turn the hot water tap on, you immediately receive a stream of hot water after the cold water that has been resting in your pipes gets flushed out.
- Longer lifespan: Broadly speaking, tankless devices can last up to 20 years with regular maintenance, compared to the 10-year lifespan of a standard, high-quality water heater.
- Reduced costs: Tankless water heaters are much more expensive to install initially, but because of their superior energy efficiency, they end up costing less over time. As a result, you continue to save money over time, more than making up for your slightly higher initial investment expenditures.
- Less space: Less room is needed since tankless units are more compact than conventional, large storage ones. This frees up room in your home for storage, which is a desirable benefit for compact homes in particular.
- Potential tax benefits: Due to the tankless water heater's high energy efficiency, tax rebates may be available in some regions. When you purchase and install a tankless unit, the federal government furthermore grants a 10% tax credit.
- No "Standby Loss": Standby loss is the energy loss incurred in maintaining the temperature of the water in a storage unit. Because the water is warmed as it is used, you avoid paying this expense.
- A consistent stream of hot water: as long as individuals use hot water consecutively rather than all at once. This way, you aren't relying on a supply of hot water that will ultimately run out.
- Pick between gas or electric models: Depending on your local infrastructure, you can pick between models that are fueled by electricity or by natural gas. This enables you to save money since you avoid having to pay for pricey gas line rerouting.
- Longer warranties: Tankless units have warranties that frequently last as long as that of the water heater because they have a longer expected life.
Tankless Water Heater's Drawbacks
- Temperature Irregularities: When several outlets are turned on simultaneously, tankless water heaters may exhibit temperature irregularities. Just make sure everyone takes turns and that you manage the timing.
- Water Supply: Although they do offer a continuous stream, tankless devices do not have an endless supply of hot water. When multiple people are attempting to use hot water simultaneously, you may have a low supply, as mentioned above.
- Investment Up Front: As was said in the pros, the tankless water heater installation will cost more money initially. If you think it could be difficult to come up with $1,000 in cash plus labor charges, you might want to take this into account. Although you will eventually recoup your investment, if cash flow (or access to financing) is an issue, this unit might not be the best choice.
A tankless water heater might be the best option for you if you have a limited area, a small household, or want to enjoy a consistent supply of hot water. For additional details on the advantages of a tankless water heater, contact Order a Plumber Inc. on Long Island right away.