Water heaters are in every home in the United States, but only a small number of homes have a tankless water heater. Tankless water heaters are not new to the market, but since they are not widely advertised most homeowners rely on older models to heat water used in the home. Tankless water heaters can be an energy efficient addition to any home and can save the homeowner money on utility costs over time. With a standard, tank-style water heater energy is used round the clock to constantly heat water inside the tank regardless of use.
With a tankless water heater, water is only heated when it’s needed. This saves money by reducing energy costs. A typical family can save about $100 a year on gas and electric bills by switching to a tankless water heater. Tankless water heaters are a nonstop hot water source. Since only the water being used it heated there is no tank of hot water to empty and turn cold. Unlike bulky, tank-style water heaters, tankless water heaters save a ton of space. There is no large tank to find closet or garage space for. The small tankless style heater fits neatly into small spaces saving precious square footage for other uses. Tankless water heaters also last much longer than their tank-style counterparts.
Many tank style heaters start to leak after a few years and can easily overheat causing injury or damage to property. Water damage or repairs end up costing hundreds of dollars with the possibility of the water heater needing to be replaced altogether. Depending on where the tank-style heater was originally placed will also determine how costly the repair bill will be. Tankless water heaters, on the other hand, do not actually hold water so they don’t leak. They also have a life expectancy of 20 years. They are less likely to malfunction, which means less damage to property and no costly repairs or replacement.
Thinking about replacing your water heater with a new tankless water heater? Give us a call today at 718-748-1254!
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