Storage tank water heaters have been around for many decades already. The conventional water heater system was working well for most households until tankless water heating came along. Today, most property owners, both residential and commercial, have chosen to go tankless to satisfy their year-round water heating needs.
What is a tankless water heater?
According to the United States Department of Energy, tankless water heaters or demand-type water heaters provide hot water only as it is needed. They heat water directly using a burner or electric heating element. Today, a tankless water heater installation costs about $2,128 or between $1,095 and $3,168, including the unit and labor.
Here’s why you should make the switch to a tankless water heater:
It adds value to your home.
A house with a tankless water heater system will sell faster than one with a conventional tank water heater system. So, if you are going to invest in a new water heater installation today, be sure to choose a tankless unit. While the upfront cost can be high, installing a tankless water heater today will let you settle for a higher resale value of your home in the future.
It saves you money on heating costs.
One of the top benefits of tankless units is that they are energy-efficient. That means you can enjoy an unlimited supply of hot water without worrying about high energy bills at the end of the month. The DOE says that for homes that use 41 gallons of hot water daily, tankless water heaters can be 24 percent to 34 percent more energy-efficient than traditional water heaters.
It helps reduce the risk of flooding on your property.
With a large water tank sitting in your basement, you can’t deny the possibility of flooding in your home once the tank leaks or bursts. Consider this when deciding what type of water heater to install. Water damage can be very costly, so you’ll want to go with the safer option—a tankless water heater.
It can last 10 years longer than a storage-tank water heater.
Experts say that a tankless water heater can last 20 years, while a storage-tank water heater can only last for about 10 to 15 years. If you are looking for long-term water heating benefits, you’ll know right away which option to go with. With easily replaceable parts, you can even extend the service life of your tankless unit for a few more years.
Call your trusted local plumber today
To handle a new plumbing installation or emergency plumbing repair in your residential property, only hire a licensed and skilled plumber in your local area. Avoid troubleshooting plumbing problems on your own as it can be highly dangerous for you and your system. Take advantage of 24/7 plumbing services in your area today! Book a service now!
