What are the benefits of having a tankless water heater?

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The Benefits of Installing a Tankless Water Heater In Your Home

The most noticeable benefit of installing a tankless water heater is how much money it will save. A conventional water heater stores water in a large tank, which loses some of its heat while sitting there not in use. Tankless water heaters, on the other hand, produce hot water on demand, as much as you need but only when you need it. Most home owners find that they can reduce their utility bill by as much as 30%. This can add up to thousands of dollars in savings over the lifetime of a water heater.

Tankless water heaters also offer versatility and flexibility. They can be operated using electricity, natural gas and even propane. Tankless units are much smaller than conventional water heaters so require less room. This makes them perfect for smaller homes and condominiums where space is limited. Tankless water heaters can also be installed outside to save additional space.

The life span of a conventional hot water heater averages around 10 years. A tankless water heater will last twice as long as that, sometimes even longer since they are not susceptible to the corrosion issues that affect regular water heaters. They also typically require fewer repairs than their more common counterparts. Because conventional water heaters don’t really last that long, they typically wind up in the local landfill or dump where they take up a lot of space and are most definitely not biodegradable.

With a tankless water heater, you won’t have to worry about running out of hot water either. They can provide plenty of hot water for an entire home and will heat 5 gallons of water by 60 degrees F each and every minute. That’s enough hot water to supply two showers running at the same time.

Although a tankless water heater will typically cost more than a regular water heater, you will recoup that initial cost difference rather quickly with the money you save on your monthly utility bill. One last added benefit of a tankless water heater is that it will increase the value of your home, as it’s a very desirable feature.

Are you looking to install a new tankless water heater in your Virginia Beach home? Contact American Mechanical and get started today!