Tankless water heaters, otherwise known as instantaneous hot water dispensers, have become increasingly popular with California homeowners for various reasons. The most widely recognized reason homeowners veer toward tank-less water heaters is because they are far more energy efficient than conventional water heaters. Countless residents living in Concord take the issue of energy conservation very seriously, but many may not know the extent of the benefits offered by tankless water heaters. To further your understanding about the variety of advantages associated with having a tankless water heater in your home, consider the following list of the top three perks of using a tankless water heater in your home.
1. Energy Efficiency
According to the U.S Department of Energy, homes using 41 gallons or less of hot water daily can be approximately 24%-34% more energy efficient in comparison to those using a traditional storage tank water heater. For homes that use a larger amount of hot water each a day, they can be up to 14% more energy efficient. If you install a tankless water heater at each water outlet in your home, you are likely to be 27%-50% more energy efficient overall. Energy conservation is not only great for the earth, but it will enhance the sustainability of the environment for many years to come.
2. Cost Effectiveness
Tankless water heaters not only help you conserve energy, they can also save you money. Even though the primary cost of a tankless water heater is more than a traditional storage water heater, tankless heaters have lower operating expenses, which can save you money on your utility bills. Tankless heaters also tend to last much longer than storage water heaters, with most types lasting more than 20 years. When compared to 10- to 15-year life-expectancy of storage water heaters, the initial higher cost of a tankless heater can easily be outweighed by the long-term savings associated with its use.
With a tank-less water heater, access to warm water is essentially unlimited. This means that there is no risk of running out of hot water when taking a shower, which is especially great for families who are forced to adhere to tight showering schedules and limit their bathing time due to the restrictions of storage tank water heaters.