Over the past few years, the popularity of tankless water heaters has increased among homeowners, and there are several reasons why. One of the reasons is that tankless water heaters are considered to be more energy efficient than traditional hot water heaters. They only heat water as needed in comparison to traditional hot water heaters that continuously reheat the water that is stored in the tank. So, with that being said, is a tankless water heater the best option for your home?
Your Home Will Have Unlimited Hot Water
As previously mentioned, tankless water heaters warm water as it is needed, or on-demand. This means that your home will never run out of hot water. This is ideal for households that have many occupants or homes that require a lot of hot water use. For example, if you have a jacuzzi or spa in your home, it may be a good idea to install a tankless water heater.
Homeowners who are considering upgrading the size of their hot water tank may also benefit from the installation of a tankless water heater.
Regular water heaters are often compared based on several factors such as:
First hour rating
However, tankless water heaters are only compared based on one factor, and that is the flow rate. This means that as long as your home is using the hot water at a flow rate that is less than the maximum flow rate of the water heater, recovery is not an issue. It is also important to note that the first hour usage in tankless water heaters is unlimited.
Energy efficiency is the measurement of the transfer of heat from the source of the energy to the hot water. Currently, the efficiency for a regular gas hot water heater averages at 67%.
On the other hand, tankless water heaters typically operate at over 80% efficiency. In addition, these types of tanks save more energy because there is no stored water that has to be heated, cooled off and then reheated again on a consistent basis.
Also, keep in mind that over time a regular hot water heater will become even less efficient as sediment and other debris accumulate at the bottom of the tank. However, a tankless water heater will be able to maintain its level of efficiency over the long term.
Increased Resale Value
The installation of a tankless water heater is an investment that some homeowners may not be able to justify. However, installing a tankless water heater is considered an upgrade as the trend among many homebuyers is to have a ‘smart’ home. This means that an on-demand hot water system that is already installed in your home can dramatically increase your home’s resale value if you decide to place your home on the market.
These are just a few of the benefits of replacing your regular hot water heater with a tankless water heater. A reputable contractor will be able to work with you to find the tankless system that best meets your household’s hot water needs.