As a homeowner, you should consider replacing your old water heating system with a tankless water heater unit. It might cost you a significant amount of money for the installation, but the investment will be worth it. Some of the top reasons to make the switch are highlighted below.
To Reduce Energy Bills
Reducing energy costs is probably the main reason why most homeowners opt to replace their old water heaters with tankless units. With a tankless unit, water is heated as and when needed. There is no storage of hot water, which might need reheating from time to time. The savings that you make with the switch will cover the cost of installation over time.
For Endless Supply of Hot Water
The on-demand water heaters can provide hot water for as long as the energy source remains available. That means that you can use hot water for as long as you want, without having to wait for the water to heat up. With the traditional tank water heaters, hot water can run out when it is needed the most. It also takes a significant amount of time to heat the water in the tank to desired temperature levels.
Takes Less Space
The tankless water heaters are so much smaller compared to the traditional heaters. The absence of a tank means that you can utilize the space in your home so much better. The tankless water heaters can even be mounted on the walls, which further saves on the floor space.
Longer Lifespan
Averagely, the tankless water heaters are more durable compared to the traditional ones. They can serve you well for more than 20 years, while conventional heaters serve for about 10 to 15 years. The long term savings based on that alone can be substantial. In addition to that, the cost of maintenance is a lot lower for tankless water heaters. The units also come with warranties that should give you peace of mind.
Increases Home Value
Installing a tankless water heater in your home increases the home’s value instantly. If you intend to sell the house, it will improve the appeal of the home and fetch a better price as well. The realtors can use it as a marketing point when showing the prospective buyers the house by merely mentioning how the monthly power bills will be lower.