If you are thinking about buying a new water heater, you should know about the pros and cons of tankless water heaters before buying the device.
What are tankless water heaters?
Tankless water heaters are increasingly becoming popular in the United States. The heater warms up the water directly, without using a storage tank like conventional water heaters.
Once the tap is turned on, cold water goes into the tankless water heater, which heats the water as it flows through the tap.
Tankless water heaters: Are they a good fit for your home?
Installing a tankless water heater results in many benefits. You can able to avail federal tax rebates of up to $200 when you install gas tankless heaters. Apart from that, you will also benefit in the form of lower energy bills.
In addition, you can expect to save around $100 or more in a year in water bills depending on the water usage. Tankless units heat water only when the tap is turned on. There is no need to heat water in the storage tank that means less wastage of water. This results in reduced energy bills.
Another advantage of tankless water heater is that they provide instant hot water. There is no need to wait for the warm water to come out of the tap. Also, since the water heater is compact, it does not take up any real estate space.
The tankless water heaters also have longer life span. Conventional storage tank heaters have a lifespan of about 10 years. In contrast, the tankless water heater can last for up to 20 years. So, in the long run, you will save more due to less need for a replacement of the water heating device. This is one of the most important things to consider when weighing the pros and cons of tankless water heaters.
When it comes to disadvantage, the biggest con is that it serves only one faucet at a time. You can install multiple units to overcome the problem but that will be costly. Also, you may also have to add another gas line in case of gas water heaters. The tankless water heater may also require expensive stainless steel tubing. These costs will further increase the cost of the tankless water heater.
Keep in mind that the tankless water heaters require a minimum flow rate of 0.5 GPM. The device will not be able to heat the water in case of low water pressure.
The bottom line
You need to weigh-in all the pros and cons before making a decision to buy the tankless water heater. Make sure that you contact a professional to install the water heater. Installing a water heater is not a DIY task and requires expert level skills.
Call Wagner for more on the pros and cons of tankless water heaters
If you want to get in touch with experienced and licensed technicians in the area of Albuquerque and Santa Fe, New Mexico, you can contact with confidence Wagner Mechanical. We offer installation services of both conventional and tankless water heaters at an affordable price.