Need to buy a new water heater and wondering if you should opt for a tankless one? While these innovative hot water heaters are not for everyone, theY are the best choice for many families. If any of these statements apply to you, that is a sign you should buy a tankless hot water heater:
1. You can afford to spend extra money on a tankless heater
Tankless hot water heaters cost more than their water-holding counterparts, and if you only have enough cash or credit on hand to buy a conventional water heater, it may be impossible for you to get a tankless heater.
However, if you really want a tankless heater, consider borrowing funds from a family member or friend and repaying them with the money you save on your energy bill each month.
2. You want to save money on your energy bills
Tankless water heaters heat water on demand as you need it. They do not store water and waste energy by keeping it hot while it is in the tank.
If your objective is to lower your monthly bill, than a tankless heater may be the right answer for you. However, the amount you can save varies dramatically depending on how much water you use.
3. You use a relatively small amount of water
If you use 41 gallons of water per day or less, a tankless water heater is likely to be 24 to 34 percent more efficient than a conventional water heater for you.
However, if you use double that amount of water or more, your savings are going to be only between 8 and 14 percent per day.
In addition to saving less, if you use a lot of water, you also may end up overburdening your tankless hot water heater. In most cases, these hot water heaters can only heat a certain amount of water at a time, and that can make it impossible to handle multiple requests for hot water.
For example, if you have a conventional hot water heater and you want to take a shower while the dishwasher is running, you can as long as your tank is full of hot water. In contrast, if you have a tankless hot water heater that only produces 2 to 4 gallons of hot water per minute, it cannot handle both of those demands at the same time.
However, while someone who uses less water can more easily fit a tankless water heater into their lives, that doesn't mean that using a lot of water necessarily prohibits you from getting a tankless hot water heater.
If you don't think a tankless heater can keep up with your demands for water, you can change how you engage with your hot water, or you can invest in multiple tankless heaters. Some homeowners install a dedicated tankless heater to take care of each shower stall or to focus exclusively on the washing machine, for example.
5. You are concerned about sustainability
When most people think of the environmental advantages of switching to a tankless heater, they focus on the amount of energy saved heating and storing the water. However, that is not the only environmental advantage.
Tankless water heaters, in most cases, last almost twice as long as their water-holding counterparts. That means when you invest in a tankless heater, you will ultimately send less waste to the landfills. This is true both because the tankless heater lasts longer and because it is smaller and more compact.
6. You want extra storage space
If you live in a small home, a tankless water heater can create a lot of extra space for you. Instead of using a closet to store a water heater with a tank, you can remove that and install your small tankless heater in a small spot or even inside your walls. Then, you can turn your old water heater closet into a linen closet or a place to store your shoes. For more information, see a website such as http://www.firstclassplumbinginc.com.