Tankless water heaters, also known as instantaneous or on-demand water heaters, offer several advantages over conventional tank-based water heaters. But are they worth the investment? If you’re undecided about investing in a tankless water heater, here are some reasons why they’re worth considering.
Traditional tank-style water heaters have a lifespan of roughly 10 years. On the other hand, tankless water heaters can last nearly twice as long. As a result, investing in a tankless water heater can save you money in the long run.
Lower Heating Bills
While tankless water heaters are more expensive than standard water heaters, they are more energy-efficient. Therefore, they can lower your heating costs and save you money in the long term.
Tankless water heaters occupy less space than traditional tank-style water heaters. They are incredibly compact, and they can be mounted just about anywhere, including attics, closets, basements, and crawlspaces. If the space in your home is limited, a tankless heater may be suitable for your home.
Apart from having a long lifespan, tankless water heaters also have longer warranties. Therefore, if the heater malfunctions, you won’t have to pay out-of-pocket for repairs or a replacement.
Instant Hot Water Supply
Macon, GA can get relatively chilly during the winter, with temperatures reaching lows of 35 degrees Fahrenheit. You don’t want to wait for ages for water to heat during cold months. With a tankless heater, you won’t have to wait. Tankless water heaters can provide you with instant hot water since they work by running cold water through gas burners or electric coils, heating water instantly.
Special Tax Breaks
The U.S. federal government advocates for the use of energy-efficient appliances. As a result, many energy-efficient appliances are usually eligible for federal tax breaks. Tankless water heaters are one of these appliances. Since 2016, tankless water heaters have been eligible for a 10% federal tax break on the total cost of purchasing and installing them, making them less costly.
Eliminate Standby Loss
Conventional water heaters heat water once it has cooled, even when hot water isn’t required. As a result, they consume considerably more energy, leading to higher heating costs. On the other hand, tankless heaters only heat water when needed, helping to prevent “standby loss.”
Suitable for Smaller Homes
Tankless heaters are ideal for small homes with a few family members and minimal hot water requirements. If you have a small home with less than three family members, a tankless heater should provide sufficient hot water for everyone to take a bath, do laundry, and wash dishes.
While it’s uncommon, conventional tank-based water heaters can explode if the pressure inside them builds up to dangerous levels. Conversely, tankless water heaters have zero chance of exploding since they don’t have a tank.
While the initial cost of buying and installing a tankless water heater may be high, a tankless model could save you money in the long term. If you’re convinced a tankless heater is suitable for you, contact A-1 Plumbing for water heater installation. We’ve served residents of Macon, GA for over three decades, and our plumbers are licensed and certified to tackle any plumbing job.