4 Major Advantages of Investing in A Tankless Water Heater
People are
becoming more aware of the environment and how we can help protect it. Hence,
people are shifting to environment-friendly solutions for homes and offices.
Not only do they utilize fewer resources, but they can also save up on utility
bills. Investing in solar panels, for instance, saves up on electricity bills.
Hence, greener alternatives benefit us and the environment.
For heating
water in the house, tankless water heaters are a better alternative to
conventional water heaters. Such water heaters do not have a water tank that
stores hot water. Instead, it heats water only when you need it.
Typically, a
power source, such as electricity or gas, heats the water. In electric water
heaters, a heating element is present close to the hot water tap. Apart from
this, you can also install a tankless gas-fired water heater. The heating
element heats the cold water running through the pipes. So the cold water heats
up instantaneously. Gas-powered water heaters heat water at a faster rate than
electric-powered ones.
A tankless
water heater has many applications. You can install one in your home. Also, a tankless water heater for RV
is available in the market. Since they do not take much space, they are ideal
for installation in an RV. In addition to this, if you have a separate bathroom
far away from the main tank, a tankless water heater provides hot water there.
Here are a few
advantages of investing in a tankless water heater:
1.
Prevent heat losses
In a
conventional water heater, the tank stores the hot water. The heating system
maintains the temperature of the hot water. However, due to heat losses, the
water cools down in the tank. The water heater must remain turned on to keep
the water hot. Hence, it leads to an increase in gas bills.
That is not
the problem with a tankless water heater. With a gas tankless water heater,
however, if the pilot remains on, it wastes energy.
2.
Saving on utility bills
One of the
main advantages of using a tankless water heater is that it saves expenditure
on utility bills drastically. According to the US Department of Energy, a gas-fired tankless
water heater saves about $108, and an electric-powered tankless water heater
saves about $44 per year.
3.
Less space
Since there is
no storage tank required, a tankless water heater also takes up less space. On
average, such a type of water heater by Furrion, is about three feet tall and
1.5 feet wide.
4.
Unlimited supply
With a storage
water heater, the temperature of the water goes down as you use up the hot
water. But with a tankless water heater system, you get an endless supply of
hot water.
Conclusion
Despite these
advantages, there are a few limitations of tankless water heaters. If you
require hot water in several areas, at the same time, the water doesn’t heat up
quickly. Hence, you have to install an additional water heater. Also, they cost
more than three times more than a tank water heater system. Despite this, it is
a good investment.