Save Money with a Tankless Water Heater

common water heater problems

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Traditional water heaters are designed to store water in tanks whereby the water is kept warm until it is required for use. Energy is therefore utilized in keeping the water in a heated state despite the fact that it is not for immediate use. On the other hand, tankless water heater models heat water while it is flowing through the device. This is what facilitates energy savings.

Theoretically, tankless water heaters provide a constant supply of hot water thus more efficient than their traditional models.

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Tankless water heaters

Tankless water heaters are also known as instantaneous water heaters or demand-type water heaters. They provide consumers with hot water but only as it is needed. They do not produce standby energy losses that are associated with storage water heaters. This goes a long way in saving money.

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How they work?

The best tankless water heater directly heat water without requiring a storage tank. Cold water travels via a pipe into a tankless water heater unit when a hot water tap is turned on. An electric element or gas can be used in heating the water. This is why the best tankless water heater is able to deliver consumers with a constant supply of hot water. Individuals do not have to wait for their storage tank to get filled with adequate hot water before they can use it. However, it should be noted that the output of a tankless water heater limits the flow rate.
Most tankless water heaters in the market today provide hot water at a typical rate of about 2–5 gallons per minute i.e. 7.6–15.2 liters. Furthermore, it should be noted that tankless water heaters that run on gas exhibit much higher flow rates compared to the ones that run on electric power.

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Energy savings

Tankless water heaters save money in several ways, the following are some of the notable ones: The initial capital cost of the best tankless water heater is considerably higher compared to conventional storage tank water heaters. However, tankless water heaters tend to last longer and will attract low energy as well as operating costs in the long run and this will offset the higher purchase price that is associated with it. In fact, most tankless water heaters have a long-life expectancy of about 2 decades. In addition, they are fitted with some easily replaceable parts that can provide them with the desired longevity. On the other hand, storage water heaters can only last for a period of about 10 to 15 years. Longevity is among the comparison aspects being mentioned on The Mama Needs. This is in regard to saving money with tankless water heater models.

Homes that utilize high volumes of hot water on a daily basis, say 41 gallons can greatly benefit from the best tankless water heater. This is because reliable sources indicate that it can attract 8%–14% more energy efficiency compared to their counterparts. This translates to about 27%–50% in energy savings. Large families that use a lot of hot water are likely to make more financial savings with the best tankless water heater than an individual who lives alone and utilizes significantly less water.

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Nonetheless, these energy savings are only possible if consumers will not use more hot water than they did before since it is available. This means that you should not take longer showers or even use several water-using appliances simultaneously.

Despite providing energy savings, tankless water heaters save space due to their compact design, are highly durable to provide a long service life and are environmentally friendly. This is mainly because there will be no rusty tanks to dispose in landfills that significantly degrade the environment. Purchasing and using tankless water heaters is also a step in the right direction in the campaign against environmental degradation.

Conclusion

Tankless water heaters are better than their traditional counterparts for several reasons i.e. lower energy bills, additional storage space and endless hot water. Visit The Mama Needs for more information on this subject. There are many benefits to tankless water heaters than just energy savings and homeowners are beginning to realize this fact. Invest in the best tankless water heater today and start enjoying low energy bills, a welcomed relief in such tough economic times where every dollar counts.

How Tankless Water Heaters Save You Money