Benefits of Tankless Water Heaters
Property owners have their preferences for water heater systems for home use depending on their particular circumstances and experience in the use of water heaters.
The water heater is an essential part of a modern home. This indispensable equipment is installed in 100% of all the luxury real estate in Las Vegas that we have dealt with. As top luxury real estate agents in Las Vegas, we have seen the differences between tank-style and tankless water heaters as used by our clients and how the tankless option has easily become the more popular equipment in use today. Still, choosing the right water heater equipment to invest in for your particular need should be given serious consideration.
Benefits of Tankless Water Heaters
Let us understand the many benefits of tankless water heaters that make them the equipment of choice among homeowners. We summarize these benefits considering inputs from users and property management Las Vegas company.
Energy Efficiency
This is the main advantage of tankless water heaters. A traditional tank water heater heats water continuously. It expends energy around the clock to maintain the temperature of a 40-50 –gallon water supply to have a hot water supply when it’s needed. Tankless water heaters heat only as much water as needed when you need it.
Lower Utility Bills
Tankless water heaters do not experience standby heat loss from heat escaping the water tank and the constant reheating needed. They can be between 8% and 50% more energy-efficient than tank-style water heaters. This energy efficiency translates to lower utility bills, which will save you money depending on the amount of hot water you use over the long term.
Extended Life Span
On average, tankless water heaters last over 20 years while tanked water heaters last between 8 and 12 years.
Endless Hot Water
Tankless water heaters provide an endless supply of hot water as long as your water usage at any given time is below the allowable flow rate. Just take note that operating too many faucets, showers, or appliances at once and exceeding the flow rate capacity of your water heater, the water won’t be hot enough.
Even if you have limited space in your home, tankless water heaters shouldn’t pose a huge problem. The average tankless unit is only around 27 inches tall, 18 inches wide, 10 inches deep, and rectangular. Compare this with the average 40-50gallon tank-style heater that is 54-60 inches tall, 20-inches in diameter, and is shaped like a cylinder.
Lower Risk of Leaks, Less Maintenance
Tankless water heaters don’t have a tank and hence do not present a risk of leaks or flooding from mineral build-up from hard water that leads to corrosion and eventually leaks.
The most significant downside of tankless water heaters by far is the upfront cost of the unit and installation, which can be as high as three times compared to that of a tanked system.
To many homeowners, the many advantages of tankless water heaters over traditional tank-style water heaters make investing in a tankless system worth it long-term.