The Cost Savings of Switching to a Tankless Water Heater

Many homeowners assume that there’s only one way to get hot water in their homes. For decades, the water heater has been both a blessing and a curse for families across the nation. On the one hand, it provides an opportunity to have a hot shower in the morning or just before bed. But on the other, who hasn’t been forced into a cold shower because the heater’s run out? Luckily, there have been many advances since the advent of indoor plumbing, and it’s become possible to install a tankless water heater in your home. Therefore, you will never have to worry about running out of hot water again!

Admittedly, a tankless hot water system can have higher installation costs. But there are a variety of benefits that come with this system that can save you money.

A Tankless Water Heater Heats Water When You Need It

A tankless water heater system is often referred to as an “on-demand” system because it provides hot water only when it’s needed. By providing water on demand, you have the convenience of never running out of hot water and saving money in the long run.

With a traditional water heater system, your home’s heating system works to keep the water it’s holding at a constant temperature. This means that you’ll be paying to heat water you’re not using. Of course, that assumes that there’s any left.

You Aren’t Replacing It As Frequently

Generally speaking, traditional water heating systems have a useful lifespan of around 10 to 15 years, after which they need to be replaced. Replacing a water heater can be costly and create a massive logistical headache when scheduling the repairs.

With a tankless water heating system, you can expect your water heater to last between 20 and 25 years. This reduces the amount of money you need to spend on replacing your water heater. Plus, tankless systems are often easier to fix. This means that you can usually have a professional repair issues that instead of replacing it like a traditional water heater system.

You’re Helping Protect the Future

It may be hard to think of how your home’s water heater might be impacting the environment. But, the reality is that old, rusting water tanks are far less energy efficient than tankless systems.

Tankless systems can provide a virtually constant supply of hot water to your home when you need it. This means it requires far less energy to provide hot water for your needs. In addition to reducing your home’s overall energy consumption, it protects the environment by eliminating one more rusting tank in the local landfill.

To find out more about the benefits of installing a tankless water heater system in a Salt Lake City, UT, residence, call Whipple Service Champions today!