A tankless water heater is a good addition to your home, but it is not for everyone. How do you know if it is right for you?
The Pro’s and Cons of Tankless Water HeatersA water heater uses up a lot of your home’s electricity. Between doing laundry, hot baths and showers, and cooking, using your home’s hot water can add up, as this article from Consumer Reports shows. Heating water accounts for up to 30 percent of the average home’s energy budget. Some makers of gas-fired tankless water heaters claim their products can cut your energy costs up to half over regular storage heaters. So is it time to switch? Probably not. Gas tankless water heaters, which use high-powered burners to quickly heat water as it runs through a heat exchanger, were 22 percent more energy efficient on average than the gas-fired storage-tank models in our tests. That translates into a savings of around $70 to $80 per year, based on 2008 national energy costs. But because they cost much more than storage water heaters, it can take up to 22 years to break even—longer than the 20-year life of many models. Moreover, our online poll of 1,200 readers revealed wide variations in installation costs, energy savings, and satisfaction. READ MORE
Why Would I Want a Tankless Water Heater
While you do save a bit of money on your electric bill, know that some tankless water heaters are far more expensive than a regular unit, and they also need regular servicing by a plumber to clear out calcium and other deposits. However, one thing that is very clearly a savings is the amount of space they take up. Since they’re mounted up fairly high on a wall, and only take up a couple of feet of space. In Florida, where the patio home is the norm, anything to save space is welcome.
Buying a new heater requires you to think about your budget and space concerns. So if you need space and require a lot of hot water, then a tankless water heater is for you.
PUR Plumbing Inc.
7139 Mitchell Blvd.
New Port Richey, FL. 34655