With today’s rising energy costs we are all becoming more thrifty, finding ways to save money and re-invest in our homes. One way to achieve this is to switch from your usual model of water heater to a tankless water heater.
Switching from a tank based heated system to tankless water heater is a very beneficial change which will save you a lot of money over time. You can use your tankless water heater anywhere in your home. This type of system is on demand and it takes only minutes to get your water hot; unlike electric ones that can take a while to heat up the entire tank of water.
There are many benefits to using this kind of system. You don’t have to worry about your water heater burning out when you are away from home for an extended amount of time. You have a continuous supply of hot water, no more sudden cold showers or discretion as to when you use your water heater. You will save a lot of money on your electric bill. If you are searching for a way to save some money in your home, the bottom line is that your water heating cost will lessen with a tankless heater.
There are two main types of systems to choose from – electric and gas tankless water heaters. Both of them have their advantages and disadvantages, and choosing between the two inevitably comes down to personal preference.
The cost of fuel is a major factor in the decision of choosing the kind of water heater you’ll need. It’s true that gas prices vary widely throughout the region where you live, but if you live in an area where supplies of natural gas are plentiful, this factor is disregarded by the cost of the fuel itself and easily covered by savings you are making.
In the long run, having multiple systems for your uses, whether gas or electric models, is good environmentally as well as financially. On top of that, you will never have to worry that you might run out of hot water. It is possible to work a tankless water heater system off of the energy source it uses and then you’ll have an uninterrupted supply.
The government will likely provide tax credits for ways to go green, tankless will be a lot more efficient because it does not continuously re-heat water. This lessens energy consumption, and of course in the long run is much more cost efficient.