Should You Invest in a Tankless Water Heater?
The traditional, tank-style water heater is still the standard in most homes. These models store dozens of gallons of water and keep it hot at all times so it’s ready whenever you need it. For many families, though, a tankless water heater may be a better option.
Unlike traditional water heaters, tankless models heat water on demand only when it’s needed. There are several benefits to investing in a tankless water heater, but they aren’t right for everyone. Should you upgrade to a tankless water heater? Keep reading to find out!
Is Tankless Right for You?
Tankless Water Heater Benefits
One of the main perks of upgrading to a tankless water heater is the energy savings. Traditional water heaters store water and keep it warm at all times. Because the water inside is always cooling, it constantly needs to be reheated. Since a tankless water heater only heats water when it’s needed, there’s no need for it to run 24 hours a day, 7 days a week. This means that tankless water heaters are much more energy efficient and cost less to operate.
Some of the other benefits of tankless water heaters include:
- Tankless water heaters last longer. With proper maintenance, one can last up to 20 years.
- Because of the potential energy savings, tankless water heaters increase your home’s value. If you sell, you could get more than if you have a traditional water heater.
- Tankless water heaters are small and take up much less space in your home.
Tankless Water Heater Drawbacks
Tankless water heaters are good for many families, but they aren’t for everyone. They can save you a considerable amount of money in the long run, but the upfront investment is significant. Installing a tankless water heater is also more expensive than traditional water heater installation because the job must be done by a professional.
If you have a large family and have multiple people taking showers at the same time in the morning, a tankless water heater may not be able to keep up with demand. Though tankless models come in many sizes with varying capacities, the greater the capacity, the higher the cost. You may also experience a slight increase in water waste with a tankless water heater because it takes longer for warm water to reach your faucet.
Tankless Water Heater in Salt Lake City
If you’re considering upgrading to a tankless water heater in Salt Lake City or the surrounding areas, consult with the plumbing and water heater installation experts at Neerings Plumbing & Heating. We will help you decide whether a tankless water heater is right for your home and if so, we’ll help you choose the right one. To learn more about tankless water heaters, contact us today by calling 801-467-3951.