Is A Tankless Water Heater More Efficient

Is A Tankless Water Heater More Efficient

In recent years, tankless water heaters have gained popularity as a space-saving replacement for the bulky conventional tank heaters used by many households and businesses. Tankless water heaters can last up to four times as long as their tanked counterparts while using significantly less space, less energy, never running out of hot water, and being more environmentally friendly.

If your water heater has reached the end of its useful life or you want to upgrade your water heating system, talk to a reliable plumber about your needs. They can explain the ins and outs of the many water heater options so you can make an informed choice.

What Is a Tankless Water Heater?

As they only heat water when needed, tankless water heaters are more efficient than their storage tank counterparts. Cold water goes through the tankless unit and is heated using gas or electricity to provide a continuous hot water supply until the tap is turned off. Due to this, they are also referred to as instantaneous or demand-type water heaters.

Benefits of Tankless Water Heaters

Tankless water heaters offer several advantages over conventional storage tank models, including:

Endless Hot Water Supply

A tankless heater uses burners to swiftly heat water through a conduit inside the unit, allowing an infinite supply of hot water to flow as needed to your kitchen faucets, shower, and washing machine.

Longer Life Span

The longevity of a tankless unit is a significant advantage. The usual warranty on a tank water heater is only six years, but a tankless water heater has a much longer guarantee of fifteen.

Energy Efficient

With daily usage of about 41 gallons, the U.S. Department of Energy estimates that a tankless water heater will save you 24% to 34% in energy costs compared to a storage-tank water heater. Even doubling that amount, they are still 8% to 14% more efficient. Installing a tankless water heater in every location where you need hot water can save you up to 50% on energy. This is a significant improvement over a storage-tank water heater.

Space Saver

Tankless water heaters also save up space in the home that a huge water holding tank would otherwise take up. They can also be installed in locations where a storage-tank water heater would not fit.

Saves Money

You’re saving money because you’re consuming less energy. A tankless water heater will really pay for itself in a matter of years, especially if you reside in an area with high energy expenses. It can definitely save you money in the long run by reducing your energy costs and increasing the efficiency of your home’s hot water system.

Final Thoughts

A tankless water heater is an excellent choice if you want to save money in the long run, increase your home’s energy efficiency, and are willing to make a significant financial commitment upfront. We at Gray Plumbing are proud to offer the best and most reliable tankless water heaters today. We’ll be happy to help you select the suitable model for your home and provide installation and repair services when needed.