Is a Tankless Water Heater Right for You?

When something new comes on the scene, it’s often met with a good bit of skepticism. This holds true for early-model automobiles, airplanes, televisions, smartphones, and a whole lot more.

It’s no surprise that much the same happened when the first tankless water heaters came on the scene. People and plumbers alike likely wondered how on earth you heat water without a storage tank. Well, tankless water heaters are here, and quite the popular choice for good reason. Read on as we explain why.

How Do Tankless Water Heaters Work?

If you’re not familiar with tankless water heaters, let us explain how they work. Cold water is heated inside a wall-mounted heat exchanger, but only when someone turns on a hot water faucet or appliance.  Which means no more wasted electricity to keep water heated inside a storage tank day and night, whether it’s needed or not.

Tankless Water Heater Benefits

With a tankless water heater, you also pick up some extra floor space once the big, bulky tank is gone. but that’s only the tip of the iceberg.

1.  1. Because a tankless system heats water only when it’s called for, a family of 4 can save approximately $175 a year on energy costs.
3.  2. Typical tank-style water heaters only last about 12 years, with warranties of 6 to 8 years. Tankless heaters can last up to 20 years and often come with a 10 to 15-year warranty. That translates to savings on repair and replacement costs, too.
5.  3. Have you ever been enjoying a hot, steamy shower, only to feel the sting of cold or thot water because someone else flushed a toiler, started a load of laundry, or started dishwasher? Not exactly pleasant, and potentially downright dangerous. With a tankless system, the hot water stays hot no matter what.
7.  4. Because it doesn’t require a lot of space, the system’s heat exchanger can be installed just about anywhere: on a basement wall, under a sink, inside a closet, and so on.

To learn more about tankless water heaters and discover if one is right for you, or for any plumbing need, contact Pann Home Services today.