Your home’s energy efficiency rating signifies how effectively appliances work within your home. Higher-efficiency home comfort systems produce excellent results without overworking or using too much electricity.
Tankless hot water heaters offer significantly more energy efficiency than traditional models. These systems are 40% more efficient than natural gas water heaters and 55% more efficient than electric water heaters. Figures this large make a noticeable difference in your energy use.
With their significant energy savings, it’s no surprise that tankless water heaters reduce your monthly utility bills. Most tankless water heaters bring a homeowner’s annual energy expenses down by 35%—installing these systems could cut your yearly energy bill by a third!
Tankless water heaters require less maintenance than gas and electric models. Tanked heaters withstand standing water all day and are more likely to corrode and develop problems. Meanwhile, tankless hot water heaters save you money on maintenance visits from professionals.
Conventional water heaters usually last about 10 years. Because of their higher energy efficiency, lower maintenance needs, and smaller sizes, tankless hot water heaters can last up to 20 years. These systems can save you money on earlier replacements.
Large tanks can crowd large storage areas in a home, including your garage or basement. Since tankless water heaters eliminate the bulkiest feature of these systems, they take up far less space. Thus, you have more installation options when deciding where to place this feature within your home.
Because tankless water heaters require fewer electrical connections and structural supports, professionals can install them more quickly. While gas tankless water heaters require a natural gas hookup, most homes have the electrical requirements for electric models.
