Pros and Cons of a Tankless Water Heater
One of the most desired home improvement upgrades for homeowners in the Marietta area is installing a tankless water heater. Some people consider a tankless water heater after their traditional water heater fails, while others are simply ready to upgrade and begin saving on utility costs. For those who are thinking about purchasing and installing a tankless water heater, the following pros and cons are offered to assist in the decision-making process.
Substantial Energy Savings
Whether you are looking to reduce your energy costs or simply leave a smaller carbon footprint, a tankless water heater is sure to deliver. Statistics compiled by the U.S. Department of Energy suggest that the average homeowner can save around $64 per year on energy expenses by putting in a tankless water heater. Other estimates assert that a tankless water heater can reduce energy bills by 20 percent each month. The savings increase when you consider the fact that today’s tankless water heaters will last for as many as 20 years, while traditional storage tank water heaters have a useful lifespan of only around ten years.
Hot Water, When You Need It
One benefit of a tankless water heater is the ability to have hot water on demand, regardless of recent usage. No more waiting for hot water after someone takes a shower. With a tankless water heater, hot water is available at any time, as needed. That can be a welcome change for households with children or many residents.
Reduced Risk of Flooding and Water Damage
With a traditional storage tank water heater, a large volume of water is heated and stored for later use. If the storage tank or any of the fittings fail, water can leak into the home. In some cases, a catastrophic tank fail can dump gallons of water onto the floor, leading to extensive water damage and a risk of mildew and mold. Putting in a tankless water heater reduces the risk of flooding by eliminating the tank of standing water.
Higher Initial Cost
There is no getting around the fact that a tankless water heater will have a higher initial cost than a traditional water heater. Some units can cost up to three times as much as a storage tank option. In addition to the cost of the unit, there may be accessories that are needed for installation.
Professional Installation Encouraged
While it may be possible to install a tankless water heater on your own, it is highly inadvisable. These units require different power resources than tank heaters, and the installation must be appropriate for your home’s electrical system. It is also important to select the right size when choosing a new tankless water heater. This is a home renovations project where it makes sense to have a professional handle the job, to avoid costly errors and ensure that the upgrade has the greatest possible positive impact.
For those in the Marietta area who are considering upgrading to a tankless water heater, the team at Quality Craftsmen is here to help. We offer a full 5-year warranty on all of our work, and we also have a commitment to recycling materials whenever possible. Feel free to contact us today to learn more, or with any questions or concerns.