According to the U.S. Department of Energy, an average household spends up to $600 per year heating its water. If you want to save more money, consider switching to tankless water heaters.
Also called on-demand or instant water heaters, tankless water heaters only heat the water when there’s a demand for it. No shower on, no water is being heated. If you turn on the tap, cold water will travel through the pipes to the tankless heater, and the water is heated by either a gas burner or an electric element. Because there’s no standby heat loss, you save more energy and money with the tankless water heater.
A regular water heater can last 10 to 15 years when properly maintained. A tankless water heater, on the other hand, can last 20 years or more. While the tank-type heater costs less, you get to save more money in the long run with the tankless water heater since no water is heated until it’s needed. With the tank-type, the water is constantly heated even when not in use.
Tankless water heaters are a lot smaller than conventional water heaters. You can easily mount them on your bathroom wall. If you live in a small home, the extra space is a benefit. They also require less maintenance than a regular water heater.
Switch to tankless water heaters if your old water heater is old and no longer efficient. Contact Paul the Plumber to help you professionally install your new unit.