When your old water heater is kicking the bucket, you have two main options to replace it with. These include the traditional tanked water heater and the newer tankless water heater. The latter is getting a lot of buzz in the residential sector, which could have you wondering if it’s the ideal choice for your home.
What’s a Tankless Water Heater?
Most people are familiar with traditional tanked water heaters that have a large storage tank that houses hot water. To keep your water hot, these tanks must constantly monitor the water’s temperature and turn on their heating elements when the water drops below your desired temperature setting.
A tankless water heater doesn’t need any sort of storage tank to hold your water. Rather, when you turn on the hot side of your faucet, this water heater will kick on and start heating the water traveling through your water line. This is why it’s commonly referred to as an on-demand water heater.
Much More Energy Efficient
When you learn about how these two different types of hot water heaters operate, it becomes overly clear that one is much more efficient than the other. The tankless water heater runs much less often than the tanked-style water heater. This translates to lower energy bills for your home. This is a great reason to consider upgrading from your outdated tanked-style water heater to the newer, more efficient tankless water heater.
Space Saving Design
When you visually compare both water heater styles, one thing is obvious. The tanked water heaters are much bigger and bulkier than the tankless models. Without the need for a storage tank, the tankless models are just small rectangular boxes that easily get mounted on your wall. There’s no need to waste space in your living area to accommodate this newer style of water heater.
Tax Credit Eligibility
Because tankless water heaters are so energy efficient, many of them have the ENERGY STAR certification. By purchasing this type of system with this certification, you can become eligible to receive a tax incentive from the federal government. You may even find that you’re eligible for various rebates from local utilities and your state government. All these entities are rewarding homeowners who switch to using more energy-efficient appliances in their homes.
Longer Lifespan
A big benefit of the tankless water heater is that it has a lifespan that’s pretty much double that of a traditional tanked water heater. This is because there’s no storage tank that’s susceptible to corroding from the inside out. With a longer lifespan, you can enjoy more peace of mind from your new water heater.
Integrates With Different Fuel Options
The beauty of tankless water heaters is that they can be designed to use a variety of different fuels. This helps to allow you to further optimize your energy usage with this appliance. Tankless water heaters can use natural gas, propane, or electricity to function. Natural gas will be the cheapest input fuel while electricity will be the most expensive.
Endless Hot Water
One of the more notable benefits of investing in a tankless water heater is that it provides you with an endless amount of hot water. You’ll no longer have to deal with the effects of your old water heater running out of hot water. If your tankless water heater has the right gallon-per-minute capacity, you can enjoy an endless supply of hot water for things like taking a long shower.
More Eco-Friendly
These days, it’s common for homeowners to want to do their part in being more eco-friendly with their homes. A tankless water heater can be a great investment as it will lead to less energy consumption due to the way that it operates. This will reduce your carbon footprint. Additionally, with its much longer lifespan and smaller design, it will produce less waste after it reaches the end of its usable lifespan.
Expert Tankless Water Heater Service
Yellow Submarine Plumbing & Rooter offers expert tankless water heater service for the Nanaimo area. We can assist with all your drain cleaning, leak detection, pipe repair and replacement, water heater, and boiler repair needs. Our other services include backflow testing, plumbing protection devices, faucet installation, septic tank, poly B replacement, sewer jetting, sewer repair, toilet installation, and water filtration. Simply give us a call today to book your next service consultation with one of our plumbing professionals.
