Save Money and Gain Space with One Small Home Upgrade
A tankless water heater provides an endless supply of instant hot water. These days many people are interested in switching to a tankless water heater yet they are still a fairly unknown appliance. One of the main reasons that people are interested in switching is that a conventional water heater will continuously heat up water 24 hours a day. So the top reason you should switch to a tankless is that you will save money on your heating bill since a tankless water heater only heats the water as you use it.
Energy Savings and Operating Costs of a Tankless Heater
Most people want to know how much money they’re going to save by switching to tankless well the first thing you need to know is you’re going to be spending more money up front and you’ll be getting your savings a little later on. Demand water heaters usually cost more than traditional water heaters and they also cost more to install. However you should begin to see a savings on your energy bills almost immediately because you’re not going to be wasting money heating water that’s just sitting in a 40 gallon tank waiting for someone to use it. Even though hot water gas heaters are insulated over the course of the day they will lose their heat and the water will have to be constantly reheated this means that whether you need the hot water or not you will be burning propane or electricity to heat the tank of water over and over again.
Lifespan of a Tankless Hot Water Heater
A typical hot water heater with a tank last anywhere from 8 to 13 years while a tankless water heater is estimated to last up to 20 years. So if you’re planning on staying in your home for a while you’ll be saving the cost of replacing your conventional tank water heater. And if you’re planning on selling your home having a tankless water heater will be a plus for any potential buyers.
Space Savings Compared
Another advantage of installing an electric tankless water heater is the space savings. Conventional water heaters with a 40 or 50 gallon tank are usually about 5 feet tall in 2 feet wide this bulky tank can take up most of a utility closet or a good portion of your garage. The on-demand heaters generally hang on the wall and are about the size of a large laptop computer in width and height and probably less than 10 inches deep.
So as you can say there are many great reasons to consider switching from a conventional gas water heater to a new gas tankless water heater. The best reason of all is that after a long day at work no matter who has taken a shower, started the dishwasher, or run a load of laundry, there will still be piping hot water available for you to shower or soak in the tub.