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Pros and Cons of Switching to a Tankless Water Heater

Water heaters are an essential part of our homes, providing us with the convenience of hot water at the touch of a button. Tankless water heaters have become one of the most common ways for homeowners to save money on energy and water bills. So it’s a surprise that so many people are still finding it difficult to consider switching to a tankless water heater. 

Recommended reading: Importance of Tankless water heater

How Does a Tankless Water Heater Work?

 

Tankless water systems provide hot water by heating water when someone turns on a hot water faucet. Instead of a tank, it is a wall-mounted system that heats and delivers water to the faucets throughout your home on demand.   

Is a Tankless Water Heater Worth The Cost?

Although the initial cost of purchasing and installing tankless water might be a little costly, the long-term benefits far outweigh the initial costs. From the amount of money you’ll save on your energy bills to how easier it is to maintain compared to a traditional water heater, you’ll be wondering why you didn’t make the switch earlier. 

Pros of Switching to a Tankless Water Heater

Signs that you should consider switching to a tankless water heater

You are probably wondering if it’s the right time to switch to a tankless water heater. Here are some signs that it’s time for you to switch to a tankless water heater:

1. Your current water heater is old

If your water heater is older than ten years, it is probably nearing the end of its useful life. Tankless water heaters typically have a lifespan of 20 years or more, so switching to a tankless water heater now can save you money in the long run.

2. You’re having problems with your current water heater

If your water heater is leaking, making strange noises, or not heating water properly, it’s time to replace it. Tankless water heaters are more reliable and require less maintenance than traditional tank water heaters.

3. You’re constantly running out of hot water

If you have a large family or entertain often, you may find that you’re constantly running out of hot water. Tankless water heaters can provide endless hot water, so you’ll never have to worry about running out again.

4. You want to reduce the cost of your energy bills.

Tankless water heaters are much more energy-efficient than traditional tank water heaters. This means that you can save money on your energy bills by switching to a tankless water heater.

5. You want to reduce your environmental impact.

Tankless water heaters are more energy-efficient and have a longer lifespan than traditional tank water heaters. This means that switching to a tankless water heater can help you reduce your environmental impact.

If you’re experiencing any of these signs, it’s time to consider switching to a tankless water heater.

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Pros of Switching to a tankless water heater

Switching to a tankless water heater can offer several long-term benefits, including:

1. Significant Energy Savings

Traditional tank heaters heat stored water continuously, resulting in higher energy consumption. In contrast, a tankless heater can be 24-34% more energy efficient than conventional storage tank water heaters for homes that use 41 gallons or less of hot water daily, as per the U.S. Department of Energy. So switching to a tankless water heater will save you a lot more money.

2. Lower utility bills

According to the U.S. Department of Energy, tankless water heaters can save you up to 30% on your energy bills. This means that if you currently pay $100 per month for your water heater, you could save up to $30 per month by switching to a tankless water heater. Over a year, this would save you $360. Although this amount will vary depending on a number of factors like the size of your home, the climate you live in, and your hot water usage habits, However, even if you only save 10% on your energy bills, the savings can add up over time.

3. Take Up Less Space

Tankless water heaters are compact and can be mounted on a wall, both indoors and outdoors. This is a stark difference from the bulky traditional tank heaters, which require a significant amount of space. Especially for homes with space constraints, switching to a tankless heater can free up valuable square footage.

4. Longer-lasting

On average, traditional tank water heaters last about 10–15 years. Tankless water heaters, on the other hand, can have a lifespan of 20 years or more if maintained properly. This means fewer replacements and reduced waste in the long run.

5. No Possibility of Home Getting Wet

One of the significant risks with traditional water heaters is the potential for the tank to leak or burst, causing water damage to your home. With a tankless system, this risk is eliminated, as there’s no storage tank to fail.

6. Increase Home Value

With the growing emphasis on energy efficiency and modern home amenities, having a tankless water heater can be a valuable asset when selling your home. Buyers often see them as a premium feature, which can increase your home’s overall appeal and value.

Overall, switching to a tankless water heater can be a wise investment that can save you money and improve your quality of life in the long run.

Additionally, safeguarding your home from potential water damage is priceless. If you’re looking to modernize your home’s water heating system and reap the aforementioned benefits, making the switch to tankless might just be the way to go.

Vossler Plumbing provides reliable plumbing Solutions in Houston, TX

The plumbing experts at Vossler Plumbing are licensed and trained professionals with years of experience providing customers in Houston and surrounding areas with fast and reliable solutions they can trust. 

We make high-quality plumbing services available to everyone at an affordable price. If you are ready to upgrade your traditional water heater to a tankless system, call our specialists at 346-712-0050 or request your estimate right here.

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