A Tankless Job: the Future of Water Heating?

A Tankless Job: the Future of Water Heating?
  • Opening Intro -

    It’s no question that all of us are constantly looking for ways to save a few dollars.

    We’re always on the lookout for sales, coupons, giveaways and other discounts that deliver a bigger bang for our buck.

-------------------------------------

This obsession with saving manifests itself in several different ways. For some, it is as simple as chewing gum a half a piece at a time; for others, it can mean purchasing energy-efficient products like an electric car, or installing solar panels.

One way people try to save money is by making the switch to a tankless water heater. This efficient alternative to traditional water heaters has been rapidly gaining popularity, but the question remains: is going tankless really the future of water heating, or is it just a fad? Let’s take a look at some of the pros and cons, and you can decide for yourself.

Pro: Cuts down on Energy Costs

The biggest selling point of tankless water heaters is their energy-efficient nature. This is based on the idea that, unlike traditional water heaters, which require more energy to heat several gallons of water at a time, tankless water heaters instantly heat only the water that passes through their systems—the water you’re using at the moment. This effectively sends a constant stream of hot water to your showerhead, dishwasher, and even your new faucets.

Depending on the frequency of use, the savings can range anywhere between $70 and $200+ each year!

Con: Costs More to Install

The drawback to going tankless is the huge upfront installation cost. Because this system is relatively new, many homes require costly updates to accommodate it: new ventilation, new gas pipes, etc. When all is said and done, these costs can be as high as $1200 just to install the new system, as opposed to only $300 to $400 dollars for a new traditional heater.

Pro: Saves Space

Tankless heaters also save space. Because they don’t house several gallons of water, they are much smaller than traditional heaters. On average, they’re about the size of a carry-on suitcase, and can be easily mounted to any wall inside or out. This clears up much needed floor space that traditional heaters normally occupy, giving you more room for that natural stone tile you picked up in Toronto last month.

Con: Requires More Maintenance

Because this technology is so new, it is a bit more high-maintenance than its predecessor. Given that you’re receiving a constant flow of hot water whenever it’s in use, there is a greater risk of scale and lime buildup, which can decrease your heater’s efficiency. Experts agree that a tankless heater should be serviced at least once a year by a professional technician (which can set you back around $300 or more).

Pro: Lasts Longer

Your average tank water heater has a shelf life of about 10 years at the most. Tankless water heaters are good for nearly 20 years. In fact, many manufacturers are so confident in tankless technology, that they attach a lifetime warranty to their product. 

Con: Can be Inconsistent

While your tankless heater may function for up to two decades, whether it does so consistently is another question. If old water is leftover in your water pipes, you’ll likely get a shot of cold water in between streams of hot water. Tankless heaters also require a bit of time to warm the water, so if you’re only using a fixture for a short time (as with shaving), you may need to wait a little for the water to heat up.

Moreover, given that tankless heaters are powered by electricity instead of gas, you’ll be on your own in the case of a power outage.

In conclusion, tankless water heating is an innovative technology that is designed to save money in energy costs. However, because it is so new, many design features need to be adjusted before the installation costs can go down. If you’re living in an older home that needs new everything, including Toronto installed windows and doors, going tankless will probably cost you more than just the price of the product, as your house will need massive updates in order to work with the new system.

A tankless system may not be right for everyone, but if you’re willing to absorb those upfront costs and make the switch, your bank account will tank you.

Michael David is a freelance journalist and blogger living in New York City. Michael loves writing about DIY projects, and garden-related topics.

Home Remodeling reference:

everything about home and heating

-------------------------------------------------------------------------------------------------------------

-------------------------------------------------------------------------------------------------------------

directory photos forms guide

Helpful article? Leave us a quick comment below.
And please share this article within your social networks.

facebook google+ pinterest
Categories: Heating and Cooling

About Author

LetsRenovate Admin

From the administrative staff at LetsRenovate.com. We hope you enjoy this article and the elements of the site. Please forward any suggestions or comments regarding the posting or other suggestions for improvement. We also operate other helpful guides in education, money, travel, and business. Visit our main site for address information. Thank you. Please share this site with friends and family.