Another advantage of tankless water heaters is their compact size. Unlike traditional water heaters, which require a large storage tank to hold hot water, tankless water heaters are much smaller and take up less space. This enables homeowners to free up valuable square footage that can be used for other purposes, which can be especially advantageous for homes with limited space.
Tankless water heaters are made to survive longer than conventional water heaters in addition to being more space-efficient and small. This is due to the fact that rust and leaks, which over time can seriously harm conventional water heaters, are less likely to occur with tankless water heaters. Homeowners who opt for tankless water heaters may be able to avoid the pricey maintenance and replacement costs linked to conventional water heaters.
When it comes to installation, it's crucial to choose the correct size tankless water heater for your household's demands. Based on the size of your home and your hot water usage habits, a professional installer can assist you in choosing the right size. Additionally, it's critical to confirm that the electrical or gas supply in your house can support a tankless water heater's demand.
In terms of maintenance, tankless water heaters require periodic flushing to eliminate mineral buildup, which can damage performance over time. Flushing can be accomplished with the aid of a specific flushing kit, which is frequently available from the manufacturer. It's also recommended to have your tankless water heater serviced annually by a professional.
Due to their energy efficiency and longer lifespan, tankless water heaters can result in long-term cost savings, even though their initial cost may be higher than that of a conventional tank-style water heater. A tankless water heater typically lasts 20 years, as opposed to a regular water heater's lifespan of 10-15 years, according to Energy.gov.
Additionally, government rebates and incentives for tankless water heaters may be available, which can help with the upfront cost. For instance, the federal government provides a tax credit of up to $300 when a qualifying tankless water heater is purchased. Local utility companies may also offer rebates for the purchase of energy-efficient appliances, including tankless water heaters.
All things considered, tankless water heaters are a practical substitute for conventional tank-style water heaters. They have a number of advantages, including longer life spans, compact size, and energy efficiency. Tankless water heaters can be an intelligent investment for homeowners seeking to lower their energy bills and lessen their environmental impact, even though their initial cost may be higher than that of a conventional water heater.