Tankless water heaters are a relatively new product that many homeowners don’t know about. Sometimes called an instant water heater, they don’t use a tank to store hot water. Rather, tankless water heaters warm water as it is used. But what are the advantages and disadvantages of this?
Tankless water heaters are much more energy-efficient than traditional water heaters because it only heats water when you need it. This process is faster and much more efficient than keeping a tank hot at all times in anticipation of use, as a traditional water heater does.
Keep in mind the importance of calculating the correct maximum usage with your installation professionals to avoid problems. Because tankless water heaters use more energy in a short period of time, the system could become “output challenged” if too much stress is put on it.
One disadvantage of getting a tankless water heater is the higher upfront cost. They are more expensive to purchase than regular water heaters, and they often cost more on installation if retrofitting is required. However, the money you will save on monthly energy bills with a tankless water heater pays for the initial installation costs.
How long, exactly, will your tankless water heater pay for itself through lower energy bills? While a traditional water heater succumbs to wear and tear within 10 years, tankless water heaters last much longer. In some cases, a tankless system can last twice as long as its traditional counterpart, supplying you with lower energy costs for longer.
One of the best benefits of a tankless water heater is its ability to supply you with virtually unlimited hot water. A common problem with traditional water heaters is that it takes time for the tank to replenish its hot water. If you’ve ever been the last in the family to shower, you’ll probably agree that the hot water is worth the wait.
However, a tankless water heater is powerful enough to supply hot water instantaneously to whoever needs it, even allowing multiple showers at one time. With a tankless system, you can be sure that hot water will always be available at a moment’s notice.
For more information or to schedule a tankless water heater installation, contact Parker & Sons Plumbing today!