Deciding whether or not to install a tankless water heater is a home improvement question many homeowners consider when evaluating remodeling and renovation options. If you’re thinking about installing a tankless water heater, consider the benefits before taking on a new home repair or home makeover project.
One of the main arguments for getting rid of a water heater tank is cost. AmeriGas states that a “standard 50-gallon electric water heater will cost about $520 per year at 10.6 cents per Kilowatt hour. If you live in the northeast U.S., where electric rates are higher, it will cost you as much as $800 per year.” The problem is that these heaters use up most of that energy keeping water hot when you don’t need it. That squanders hundreds of dollars every year.
According to e-tankless.com, a tankless water heater will only heat the water on demand. In other words, it only operates when you need it. Because there is no storage of hot water, you’re not paying to keep it constantly hot.
Unlike standard hot water tanks, tankless water heaters never run out of hot water. They do all the heating instantly. You can use hot water all day, every day. You’ll never be stuck taking a cold shower because other family members used all the hot water. These are great reasons to consider a tankless water heater during your home improvement project.
To have your own tankless water heater installed in your home, contact a home improvement professional.