How can tankless water heaters help reduce your monthly bills?

How can tankless water heaters help reduce your monthly bills?

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Are you looking to update your home to more energy efficient appliances? Tankless water heaters might be an option worth looking into. The tankless water heaters heat water on demand instead of the typical storage water tank. This enables you to only use the energy to heat the water you are using.

If you are looking into a tankless water heater you will notice the cost is slightly higher than a standard storage water heater. So is the energy savings worth the extra price? Tankless heaters usually cost a couple hundred dollars more but for a family who uses less than 41 gallons of water a day, the tankless water heater can be up to 34% more energy efficient than the standard water heater. For homes that use a little more water a day the energy saving can be up to 50%. This can be a savings of up to $100 a year. The tankless water heater will pay for itself in just a few years.

Another fact to take into consideration when looking into purchasing a tankless water heater is that they have a life expectancy of up to 20 years. A standard water heater's life expectancy is only 10-15 years. So not only will you be saving money every year with a tankless water heater, you will also have more years to enjoy the savings.

The fact that the tankless water heaters instantly heat the water as it is used also cuts down on water usage. By not having to wait for your water to run hot you are able to not waste water. So not only are you saving on your power bill but also on your water bill.

If you are looking at trying to save on your household bills or are just trying to be more environmentally friendly, you need to look into a tankless water heater. These heaters save on both power and water. By doing this you are helping both the environment and your pocketbook.

Get back control of your Austin home! Call S&D Plumbing for professional tankless water heater services.

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