Water heaters typically come in two varieties, tankless and traditional. A traditional water heater heats stored water in a large tank so that it is ready for usage. A tankless option heats water on-demand as water flows through various pipes to its final destination. Tired of running out of hot water? With tankless water heaters, unplanned ice cold showers are a thing of the past. Here’s what you need to know about these compact, ultra-efficient units, including choosing, installing, and living with a tankless water heater:
Cost
Traditional hot water heaters generally cost about half of what you would pay for a tankless variety. Additionally, tankless heaters might require additional remodeling and retrofitting if you are putting them into an existing home. This could include additional plumbing and electrical work, which will add to the higher up-front cost of the unit.
While tankless units might cost you up-front, they will save you money down the road. According to Energy.gov, Homes that use tankless water heaters might be up to 34% more energy efficient than traditional hot water heaters.
Space
Tankless hot water heaters are about the size of a computer bag, making them easy to install in a small space such as a utility closet. This makes a tankless heater ideal for modest homes or those lacking a lot of storage or basement areas.
Longevity
The lifespan of a traditional hot water heater is 8 to 12 years. However, with normal usage, a tankless model can last up to twenty years.
Home Value
While there is no conclusive evidence that a tankless heater will increase the value of your home, it is important to remember that energy efficiency is a key selling point for many homebuyers. So while you may not get more money for your home, it might tip the scale in your favor or decrease the number of days your home is on the market.
Homeowners always have something to do; there is rarely a moment of rest when it comes to upkeep your home’s appearance and its operating systems. But Donofrio Mechanicals wants to make your life easier, and take care of ensuring that your HVAC system is working correctly. We would be honored if we can cross that off your to-do list. Donofrio Mechanicals prides itself on providing exemplary customer services. Visit our website or call us at 855-296-8719 to learn more today! Like us on Facebook to stay up to date on the latest events, tips, and specials.