Tank Vs Tankless, Why Buy A Tankless Hot Water Heater?
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Before you jump in let’s have a look at the pros & cons between tank and tankless water heaters and why to buy a tankless water heater.
How much does the energy you use to heat your hot water cost you, is this predominetly keeping a full tank load of water up to a pre-defined temperature? No matter how good the tank’s jacket is, it will still cool during the day and the heating cycle will start again. Costly?… I would think so! A huge waste or a resource?… That’s a given!
Now, when do you use hot water? Morning and Evening then, your tank will be cooler and will turn on the heating cycle so you have hot water for later. Another problem with tank hot water is they can run out, major problem for larger families when everyone is getting ready in the morning.
This cycle could be costing you $50.00 or more per month simply maintaining the heat in a tank type water heater.
The increasing cost of energy means we have to alter the way we heat water, doesn’t matter if it is domestic or commercial, energy you don’t need to use still costs and in tight economic times, nobody can afford to waste money unnecessarily.
Tankless water heaters only use energy when hot water is being used and the savings in energy costs will pay for their installation within 3 – 7 years. The smaller the amount of hot water you use, the sooner you get back your outlay. If you are single and seldom have showers at home, your energy charges will reflect your occasional usage because tankless water heaters don’t store large volumes of hot water that has to be kept upto temperature.
A good quality tankless water heater will outlast a tank hot water system by many years. Most tankless water heaters will give you at least 20 years or more before they need replacing and this is often double what a tank heater provides, provided water quality is good and the systen is well looked after and serviced.
If you select the correct tankless heater for your situation, you will never run out of hot water. Some of the larger tankless water heaters can run multiple showers at one time, depending on the input temperature of the water, so they can be set up to provide hot water for even the grandest households.
If you are tight for space, tankless water heaters have significant advantages over large tank systems. They are wall mounted, not overly large, light weight, can be fitted both inside or outdoors and some can even be flush mounted between studs. With gas tankless water heaters, you can select for vertical or horizontal venting and most modern tankless heaters offer remote temperature control and plenty of safety features.
Tankless water heaters can be used in a wide variety of applications. They can be used in boats, mobile homes and RV’s, floor heating systems, for boosting solar heating in cloudy weather and when interlinked with additional tankless heaters, can provide sufficient on demand hot water for appartment buildings and large commercial situations, like restaurants and gyms.
When it comes to energy efficiency, the traditional tank water heaters are a poor 40% to 60% energy efficient, the remainder of the heating capacity is wasted to the surrounding environment via the vent of casing. Tankless water heaters are 80% – 95% for nat gas or tank propane and up to 99% efficient for electricity. You will also save up to 15%-20% on your energy bill with the tankless water heaters, simply because there is no stored water heat loss.
Tankless water heaters, when sized correctly, will serve your domestic hot water needs for a long time.
