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How a Tankless Water Heater Can Save You Money

tankless-water-heaters

Homeowners are always looking for ways to make their homes more efficient to save on energy costs and contribute to a greener lifestyle. While many methods used to increase energy efficiency are more practical to employ during the building phase, there are always ways owners of older Raleigh homes can make their homes more efficient. One option is to switch from a traditional water heater to a tankless water heater.

The first reason most homeowners consider a tankless water heater is usually to save costs on energy expenses. While it’s true that installing a tankless water heater can be expensive upfront, it operates much more efficiently than a traditional heater by only heating water on demand, instead of keeping a tank of water at a consistent temperature all day long. With a tankless water heater, you don’t waste money or energy heating water that needs to be maintained at a constant temperature.

Tankless water heater owners enjoy a system that has more longevity than a traditional water heater. Tankless water heaters can last 20 years, while typical water heaters usually have a lifespan of about 10 years. Owners of tankless water heaters also don’t have to worry about flooding from a leaky heater, saving them the stress associated with damage from such an event.

Tankless water heaters have a very small footprint, allowing them to be placed nearly anywhere in the home. Tradtional water heaters are usually quite cumbersome and are often located far away from the rooms that use heated water. Tankless water heaters can be installed in tight spaces near the fixtures that use hot water, which is great news for homeowners in small homes who want hot water delivered quickly.