Today’s tankless water heater systems typically run on electricity, which is often the most affordable option for many homeowners. If you’re keen on upgrading your water heating system, there’s no better option than to install a tankless water heater. Just like with a gas-powered model, electric systems save you copious amounts of money on your monthly energy bills and provide the entire family with hot water at a moment’s notice.
Choosing the Right Tankless Water Heater
Whether you’re living alone or in a small home with a growing family, there are tankless water heater models suited to any application. Sifting through the numerous models available in home improvement stores, from your local plumbing company, or online requires extensive research and patience.
You could simplify your search by examining the top sellers, highest overall quality, or most affordable. These are wonderful factors to consider, however, you also want to consider the size of your home. Not just any tankless water heater will do. Purchase an overly large model, and you’re wasting money; too small, on the other hand, and you won’t receive enough hot water for every application in your home.
Recommend Tankless Systems
The two most common types of tankless water heater systems are electric and gas. More homeowners opt for electric to cut down on their fuel costs. However, electric comes with its own price tags to consider, too. Which is best suited for your needs is up to you.
- Electric – With an electric model, homeowners can expect around 24% to 34% higher energy efficiency when compared to a conventional tank water heater.
- Gas – Gas-powered tankless water heaters typically have a higher flow rate than an electronic model. They will waste energy with a continuously burning pilot light, however, so your monthly cost may be slightly higher.