Is Tankless Water Heater an Energy and Money-Saving Option?
Is Tankless Water Heater an Energy and Money-Saving Option?August 11 / 2019
Did you know water heaters make up nearly 17 percent of your home’s electrical usage? This percentage is more than other household appliances. So, if you are looking to save money on your electric bill, tankless water heaters are energy and cost-saving option.
Traditional Water HeatersTraditional water heaters have a large tank that holds 30 to 50 gallons of water. The amount of water stored in the tank depends on the size of the home and the number of faucets present. These are more expensive electric models compared to tankless water heaters. Traditional water heaters have a very short life span and are bulky and hard to put in place.
What is a Tankless Water Heater?Unlike traditional water heaters, a tankless water heater generates hot water only when it is needed. The water entering the heating unit is heated using a gas burner, when the hot water tap is turned on. These water heaters can produce two to five gallons of hot water per minute. If you have a greater demand for hot water, you can connect two to three tankless water heaters in parallel to meet the demand. If your tankless water heater comes with a dedicated thermostat, you can easily control the temperature of the water produced.
Is Tankless Water Heater an Energy-Efficient Option?According to the US Department of Energy, if your home uses less than 41 gallons of hot water each day, then a tankless water heater can be 24-34 percent more energy efficient than a conventional storage tank? If your home uses 86 gallons per day, a tankless water heater can be 8-14 percent more energy-efficient. The initial cost for the installation of tankless water heater is expensive, but it is proven to have a longer operating life of more than 20 years and of course saves homeowners money on their energy bill. One of the important factors that lower your energy bills is changing the water heater and the way hot water is produced. Other factors that can cause a difference to your energy bill includes,
- Fixing leaks
- Washing clothes in cold water
- Using low flow toilets
- Purchasing energy-efficient appliances
Advantages of Installing Tankless Water
- Longer lifespan
- Minimize flooding risk
- Less space for installation
- Instant hot water
- Control or maintain the temperature
- High energy saving