The Benefits of Tankless Water Heaters Over Traditional Water Heaters

When it comes to heating water in your home, you have two options: you could use a traditional water heater, complete with a bulky water storage tank that can take as long as 30 minutes to fill up and get hot.

The second option is to upgrade to a tankless water heater, and never have to wait for hot water again! That’s what I said- never wait for hot water again. Tankless water heaters are often referred to as instant or instantaneous hot water, because of the way they heat water in as little as a few seconds.

Interested in some of the other amazing benefits of installing a tankless water heater? Read on to learn about how tankless water heating systems help the environment, help your budget, and help your home organization!

They Are More Environmentally Friendly

One of the biggest advantages of a tankless water heater is its efficiency. Unlike traditional water heaters, tankless units don't waste water by heating an entire tank of water, just to throw it away if it isn't used before it gets cold.

Tankless water heaters heat only as much water as is being used. How? They heat water on-demand, rather than preemptively, making them more efficient. According to the United States Department of Energy, tankless water heaters can be as much as 24% to 34% more energy efficient than traditional units.

They Help Save You Money

Another highly appreciated advantage to tankless water heaters is the fact that they can also save you a ton of money on your energy bill.

Some experts say that switching to an electrically powered tankless water heater can save you as much as 10% to 15% per month on energy costs, with the savings from a gas powered tankless water heater being even higher!

That adds up to potential savings of over $100 per year! Now you may be thinking, “well, how much does a tankless water heater cost?” and that is a fair question, as tankless units require a higher investment than traditional storage tank water heaters.

Depending on the type of tankless system you’d like (gas or electric) the price of the unit with installation can cost as much as $1,000 or more. While that may seem steep, remember that most tankless water heaters are expected to last twice as long as traditional water heaters, so they need to be replaced half as often.

They Take up Less Space

When comparing a water heater that requires a tank and one that does not, it should be easy to understand why the tankless system is a better fit...literally.

Without the need for a big, bulky water storage tank, tankless water heaters can fit virtually anywhere in your home. They also free up more floor space in your utility closet, basement, garage, or back patio.

Wherever you currently have your water heater sitting, you can free up more storage space in your home when you switch to a tankless unit! As with any household appliance, it’s important to do your research before deciding on the best water heater for your home.

Once you’re satisfied making a decision, call Allens Plumbing to speak with a plumbing technician about tankless water heater installation! Give us a call today at (808) 877-6370 for service in Maui.