5 Major Benefits of Tankless Water Heaters
The benefits of tankless systems extend beyond what the eye can see. Not only are they smaller in size, but their capabilities are limitless – literally! Our Neerings team has listed out the benefits of tankless water heaters so you can decide what’s right for you. Continue reading to find out what they are!
Energy Efficiency
One of the main advantages is the energy efficiency of tankless systems. By only heating water on demand, tankless systems can be up to 24-34% more efficient for homes that use less than 41 gallons of water per day. Not only will you be reducing your utility bills, but you will be minimizing your carbon footprint as well.
Lower Utility Bills
Yes, the initial upfront investment of a tankless system is more expensive than a traditional water heater. However, the efficiency, increased lifespan, and added home value outweigh the upfront cost. Overall, you can save up to $100 on annual utility bills by utilizing a tankless water heater that only heats water when necessary compared to a tank system that heats water 24/7.
Longer Lifespan
Tankless systems have an average lifespan of at least 20 years. If you do face a repair to your tankless system, you will have peace of mind knowing that many parts are easily replaceable, extending their lifespans even further. Although a homeowner looking to move may not value the investment in a tankless system, the efficient systems increase the overall resell value of your home by up to 4%.
Endless Hot Water
Tankless systems provide you and your family with an endless supply of hot water. Traditional water heaters run off of the supply of water physically stored in their tank, so when the tank runs out of its supply, so does your home. Typically, tankless systems provide 2-5 gallons of hot water per minute which means your family can enjoy daily tasks such as washing dishes, doing laundry, and bathing simultaneously!
Space Saving
The size of tankless systems can be quite appealing for some homeowners. If your current water heater takes up an entire storage closet you may be happy to know that you will have additional space in your home! If you are downsizing or remodeling, tankless systems are ideal due to their size. Many homeowners are elated to not have to remodel around an additional bulky home appliance.
Go for the GOLD and go tankless! If these benefits sound enticing to you, give our team a call at (801) 506-7856 to get $250 OFF a new tankless water heater. Our plumbers can install a new tankless water heater, replace your old one, maintain your current water heater, and provide expert water heater repair in the Salt Lake City area. The Neerings team is here to help you with all your home service needs!