You may have heard that tankless water heaters can increase the energy efficiency of your home. Unlike standard water heaters, which constantly heat and reheat water to keep it at a stable temperature, tankless models heat water instantly by using electric coils or high-powered gas burners. This way, they can save energy by heating water only when you need it.
But is it time for you to upgrade to a tankless water heater? Here are some of the pros and cons:
- Unlimited hot water: You’ll never run out of hot water mid-shower again.
- Take up less space: No need to lose floor space to a water tank. A tankless water heater can be mounted on a wall.
- Reduced energy cost: According to Consumer Reports, tankless water heaters are 22 percent more efficient on average, which will save you money over the long run.
- Longer lifespan: Most tankless water heaters come with a 12 to 15-year warranty, compared to the 6 to 12-year warranty offered on standard water heaters.
- Higher up-front cost: Tankless water heaters can cost twice as much as traditional models. They’re also more complicated to install, which means higher installation fees.
- Limited water delivery: If you have a smaller water heater, only one person can take a shower at a time.
- Vulnerable to hard water: You’ll need to conduct regular maintenance to ensure that your tankless water heater isn’t damaged or destroyed by hard water.
Installing a tankless water heater is just one way to make your home more energy efficient. At Center Grove Real Estate Inspections, we offer an infrared imaging service that can identify insulation gaps and other common sources of energy loss. To learn more, feel free to give us a call or contact us online today!