Tankless water heating has come a long way since they were invented by Edwin Ruud in 1913. Modern tankless water heaters are the size of a suitcase that use computer boards and sensors to tell the unit when hot water is needed, as well as what temperature the water should be. No longer big bulky cast iron cylinders weighing over 300 lbs!
Modern tankless water heaters are a strong alternative to a floor-eating and energy-wasting storage tank model. Whether you’re looking for a smaller heater or simply need something for a remote location, here the top 5 reasons to consider a tankless water heater over a traditional model:
1.) Energy Savings: Tankless water heaters can reach up to a 98% efficiency rate.
2.) Endless Supply of Hot Water: Because there’s no storage tank to wait for, you’ll enjoy an endless supply of hot water that your tankless heater provides on demand.
3.) Longer Life, Better Warranties: The average storage tank water heater lasts 12 years, while a tankless model can operate for 20 years or more.
4.) Return on Initial Investment: The average cost of a tankless water heater is between $3,000 and $5,000 for full installation. Over the course of the 20-year life of the appliance, however, you can expect to save up to $7,000.
5.) Great for Home Resale: Tankless water heaters increase the resale value of your home because they’re viewed as a modern convenience and have such a long lifespan.
Between saving money by no longer having to repair a traditional water heater, as well as keeping energy costs low, you will surely get the money back on what you paid for a tankless heater plus you'll be able to enjoy on-demand hot water. Tankless water heaters also offer many more benefits over the traditional storage variety including:
- More Space
- Peace of Mind
- Great for Home Resale
- No Sediment or Odors
- Consitency in Temperature of Water
- No Flooding
Download this free Ebook to learn everything you should know about tankless water heaters. You'll get insider tips from the industry experts.