When was the last time you considered replacing your home’s water heater or making your home more energy-efficient? It might be time for you to consider whether or not switching to a gas tankless water heater is right for you. For most families, a tankless water heater can supply an endless stream of hot water and help cut significant energy costs. Here are some variables to consider when deciding if a gas tankless water heater is right for you and your home:
Hot Water When You Want It
A traditional water heater needs to continuously keep the water that it stores in its tank hot whether it’s being used or not. This means that there is wasted energy being used to store hot water until you actually use it. Up to 30 percent of many home energy budgets go towards heating water. A gas tankless water heater provides the luxury of heating water on demand, which helps reduce the energy costs that come with a traditional water heater.
When Space Is an Issue
An upside to gas tankless water heaters is that they are about the size of a suitcase and can be mounted on any wall. Often, traditional water heaters are squeezed into tight spaces, which doesn’t give you much room to upgrade to one that offers additional capacity. This can be a problem especially if you have a growing family. Multiple tankless water heaters can be installed if one is not enough to handle your family’s hot water needs.
Less Risky than a Tank
An important variable to consider is that a gas tankless water heater poses less of a risk when it comes to leaks that can cause damage to your home. Let’s face it, most people don’t give their water heater any thought until they run out of hot water or they suddenly notice water damage. Or even worse, mold and mildew from leaks. If your traditional water heater is in your attic or a crawlspace, this can become a major problem. A tankless water heater will be a better choice when looking to prevent leaks.
Considering Your ROI
Homeowners are sometimes concerned about the higher upfront cost of installing a gas tankless water heater versus a traditional water heater. Yes, the initial cost might be higher, but the savings in energy costs help you get a return on your investment quickly. The other financial benefit to choosing a natural gas tankless heater is that you might be eligible for rebates or tax incentives for simply choosing a more energy-efficient water heater. Sounds like an investment to us.
Think it's time for your tankless water heater installation? Let Bill Fenwick be the ones to help you make your home more energy-efficient. For more information on tankless water heaters or to schedule an installation, contact Bill Fenwick Plumbing today!