Changing your water heater to either electric or gas tankless hot water heaters is a beneficial upgrade for all homes. These units consume less energy, can reduce utility bills, last longer, provide endless hot water, save space, and require less maintenance. This guide outlines the multiple benefits of converting from a traditional water heater to a tankless model.
Energy Efficient
Traditional tank water heaters heat water continuously whereas electric or gas tankless hot water heaters heat only the amount of water required when it is needed. Therefore, by heating water on-demand, tankless models can reduce energy consumption by up to 34 percent when compared to traditional units.
Reduction in Utility Bills
Given that tankless models consume less energy, your utility bills will decrease. ENERGY STAR assesses that the average U.S. household can save hundreds of dollars each year by changing to a tankless unit. Tankless models conserve up to 34 percent of energy when compared to traditional tank units while still providing hot water to all points in your home, including the laundry room, bathroom, and kitchen.
Long Life Span
Electric or gas tankless water heaters typically last five to 10 years longer than their traditional cousins. With regular preventative maintenance, tankless models can last up to 20 years with regular use.
Endless Hot Water
Households relying on traditional tank heaters could run out of hot water because the home’s supply is stored within the tank. However, the heating technology within tankless models only heat the water when necessary and for as long as needed, offering endless hot water.
Save Space
Traditional units hold up to 60 gallons of water and have dimensions around 60 inches in height by 24 inches in width. On the other hand, tankless heaters are much smaller and typically mounted on the wall, so they consume significantly less space. The average size is 28 inches in height by 20 inches in width.
Less Maintenance
For homeowners, hearing that a major appliance requires less maintenance is like music to your ears. Traditional water tanks require maintenance every 6-12 months. However, tankless units require little upkeep and can even function for four to five years without maintenance.