Traditional hot water heaters are the second highest energy using appliance in most homes. Here in the Northeast where winters are especially cold and utility rates tend to run higher than the rest of the country, a traditional unit can cost you $800 each year in energy costs. Why so much? These kinds of hot water heaters use a lot of energy to keep the water hot in the tank even when you’re not using it. With a busy winter holiday season and the onset of frigid temperatures, the need for hot water will naturally increase and so will your energy bill. Luckily there is a more energy efficient option available. Also known as on demand water heaters, tankless hot water heaters only heat water when needed. According to the U.S. Department of Energy, gas-powered tankless hot water heaters can save an impressive average of $108 in energy costs each year over their traditional counterparts, while electric tankless hot water heaters save an average of $44 per year. Though the initial cost and installation of tankless hot water heaters is higher than traditional units, many homeowners find the long term energy savings and benefits well worth it. Many gas-powered tankless hot water heaters qualify for federal tax rebates, which can help offset the initial investment. But tankless hot water heater benefits extend far beyond energy and cost savings.
No more cold showers
Cold showers are among the most annoying and embarrassing plumbing problems. With a tankless water heater, you’ll never have to worry about you or your guests running out of hot water no matter the length of the shower or how many are taken. No more coordinating or scheduling shower times! Some models have greater output than others, allowing you to comfortably shower, run the dishwasher, and do laundry simultaneously.
Over time a buildup of scale and rust can form on the inside of traditional hot water heaters. This is where the hot water you use for cooking and bathing is stored. Without a tank, tankless hot water heaters present no opportunity for this to happen, allowing you to enjoy fresher, cleaner water.
Tankless hot water heaters are mounted on the wall and can be placed almost anywhere in or outside your home, depending on the climate. This allows you to put your valuable closet and floor space to good use.
Most tankless water heaters have 10-15 year warranties and can have life expectancies of nearly 20 years, which is almost more than double that of tank water heaters. Here at Rick’s Plumbing, we’re dedicated to ensuring your home is as comfortable and safe as it can be. Call us today and our experienced plumbers can help you explore your water heating options! We offer a variety of plumbing services that will help you determine if a tankless hot water heater is right for your home.