Tankless water heater systems are growing in popularity. Many homeowners, much like yourself, are doing their research. These tankless systems, also known as on-demand or instantaneous water heaters, provide hot water only when you need it most. There is no energy loss like with a storage tank water heater, meaning you’ll save money. When you activate a faucet, you expect hot water quickly. And you’ll get it – a tankless model delivers.
How It Works
A tankless hot water heater allows direct access to hot water without the use of a bulky storage tank. When you turn on the tap, cold water moves directly through the pipe into the tankless unit. Then, either a gas burner or electric element heats the cold water. The result is a constant supply of hot water sent through the pipes of your home. You never have to wait for the supply to restock, because a tankless model does not use a storage tank. However, the output limits the flow rate.
Generally, a tankless water heater offers a rate of 2–5 gallons per minute. Sometimes, a large unit is not enough to supply hot water to the entire house. This is especially the case when you have multiple hot water sources working at once, such as a shower, washing machine, or dishwasher.
Advantages of a Tankless Water Heater
If your home uses 41 gallons or less of hot water per day, then a tankless water heater will save you 24–34% per month. It is more energy-efficient overall. For a home that uses over 86 gallons per day, you’ll save around 8–14% per month. These percentages directly translate to monthly savings for your home.
Other key benefits include:
Fewer operating costs, thanks to being more energy-efficient
Better for the environment
Extended lifespan when compared to a storage water heater
Increased property values, if you ever choose to sell your home
Less space required
Reduced risk of water damage
Cons of Tankless Water Heaters
Of course, you’re a consumer. You need to look at both the pros and cons of tankless hot water heaters. The pros sound wonderful, right? However, look at the cons as well to make a more informed decision:
The initial installation is often expensive
Models with electric controls fail to work during power outages
Limited supply of hot water available for multiple appliances
Slight delays in hot water flow
Is a Tankless Water Heater Right for You?
Well, now you’ve had an opportunity to look at both the benefits and drawbacks of a tankless hot water heater system. You’re able to make a more informed purchase. A tankless model is a potentially wonderful investment, but it’s not the right option for every homeowner.
If you have the money to invest in a tankless model, then absolutely, go ahead and install a tankless water heater. But if not, then consider waiting for a time. However, know that the energy efficiency will save you money in the long-run.
Schedule expert tankless water heater services with Emergency Plumbing & Solar. Give us a call at (808) 468-7897 Oahu, (808) 793-5158 Hawaii Island today!