The benefits of tankless hot water heaters are many and it's only a matter of time before every home and business in North America will demand these little appliances.
Does the government know something you don't?
Even Uncle Sam acknowledges the many advantages of these energy-efficient appliances and encourages homeowners to purchase them. (Compliant households can earn a tax credit of 30% or $300 against the purchase and installation of a new unit. For many people this is enough of a reason to purchase a tankless hot water heater. Not to mention that they save water and electricity, can be installed right next to the bathroom and kitchen and don't require venting!
Go "Green" and gain cost savings
One of the biggest opportunities for improvement can be found in the bathroom or kitchen or wherever else hot water flows freely. This applies to businesses and homes a like. Just realize that whether the water is being heated for a restaurant dishwasher or the shower at home, money can be saved with tankless hot water heaters.
Let us tell you exactly how "on demand" hot water works and why it saves money:
o "On demand" hot water simply takes less time to heat and avoids stand-by heat loss the heat that is lost through the walls of the traditional tank water heaters.. You can save as much as $100-$300 a year for a typical family
o An "on demand" unit can last twice as long as the traditional water heater because they have an approximate 20-year life expectancy
• Allowing for more time to reap the benefits of your investment
o "On demand" only runs when heated water is required
• More $$$ is saved with the fuel efficiency
o The costs of natural gas, propane and electricity are continuing to increase
• Greater savings are seen with "on demand" hot water as the costs rise
Are you aware that as much as 30% home's energy is used to heat water?
Bottom line: The greater energy efficiency and lower operational costs make any of the tankless hot water heaters a smart choice for both budget-minded and green consumers alike.
Smaller units are space saving and require less energy.
These little space saving units are also power savers with some electric models operating at 99% efficiency, according to the US Department of Energy. (That might be why the Government gives an incentive to people to buy them and use them? A traditional storage tank heater has only a 58% efficiency rating. The tankless space-saving units work using less energy resources and a smaller footprint to complete their task.
Bonus benefits for homeowners and businesses include:
• Easily repairable
• Less space is required
• Hot water is endless
• New models have USB ports for future connection of energy smart grid systems
o Allows uploading new operating software and
o Downloading usage data for diagnostic purposes
So, let's think about this for a second...natural fuel resources continue to climb, and energy-efficient appliances are obviously one way to counter-act such rising expenses. While saving money, you also get an "endless and continuous supply" of hot water for you dishwasher, showers, hot tubs, and even the deep abyss of whirlpools. 'Kinda' makes it a no-brainer, don't you think?
Yes, the tankless water heaters do cost more than the normal water heaters because tankless water heaters are designed to supply hot water only when needed unlike normal ones.
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Tankless water heaters are available at most hardware/construction retail stores or online stores. Tankless water heater are much more expensive than regular water heaters.
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Tankless water heaters can be powered by electricity or propane. Electric tankless water heaters are more common, but propane tankless water heaters are popular in regions where natural gas is not available. Both types offer energy efficiency and the convenience of on-demand hot water.
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Tankless water heaters typically have a higher upfront cost compared to traditional tank water heaters. However, tankless water heaters are more energy-efficient and can result in lower long-term operating costs.
Tankless water heaters have been around about 30 years. I believe they may have first been used on European trains.
Tankless water heaters are produced by a wide range of manufacturers. The Rheem tankless water heater has a cost range from the mid fifteen hundreds to over two thousand dollars.
Yes, tankless water heaters can be installed outside of a building as long as they are designed for outdoor use and protected from the elements.
The main differences between an electric and propane tankless water heater are the energy source they use to heat water. Electric tankless water heaters use electricity, while propane tankless water heaters use propane gas. In terms of efficiency, electric tankless water heaters are generally more efficient for heating water in a household because they have a higher energy factor and lower operating costs compared to propane tankless water heaters.