These are some things to think about when deciding whether Tankless Water Heaters are the best choice for your home or business.

Essential Benefits of a Tankless Water Heater

  • Federal tax rebates of $300 are available for most tankless water heaters
  • They will never run out hot water.
  • They can last up to 10 years longer that traditional water heaters.
  • They are more efficient and don’t lose any heat standing by.
  • Tankless water heaters take up less space, and can be mounted on walls or outside.
  • You can install smaller units under cabinets or in a cupboard, which is closer to the intended use.
  • They require only enough power to heat water at the right temperature.
  • Water heating bills can be slashed by as much as 20%
  • Electric cars don’t emit greenhouse gases.
  • The majority of units can be operated remotely and have up to 4 settings.
  • A ruptured tank will not cause flooding.

Main Drawbacks to a Tankless Water Heater

  • They can cost as much as three times the price of a tank water heater.
  • The hot water production is divided among all household fixtures.
  • To provide enough fuel, you may have to install a larger natural gas pipeline.
  • Ventilating propane and gas units requires expensive stainless-steel tubing.
  • An additional circuit may be required for electric models.
  • The greenhouse gases produced by units powered by gas are known as ‘gas-powered’.
  • An annual service is required for gas units.
  • Electric models consume a lot of electricity.
  • To activate the heat exchanger, they need to flow at a minimum of.5 GPM.
  • Water waste is increased by the time it takes to heat your water.

Further Considerations

  • Your home’s energy bill is approximately 20 percent for water heating.
  • An entire-house electric model can be purchased for $500-$700
  • The cost of a whole-house gas system is between $1,000 and $2,000
  • Although natural gas is currently less expensive than electricity, it is expected to rise in price over the next few years.
  • A 35-gallon standard bathtub can hold, while soaking tubs can hold between 45 and 80 gallons.