Looking toward your water may be able to save you some money on your monthly electric bill. The average family in Ontario, CA will take multiple showers per day, run multiple loads of laundry, and wash at least a full load of dishes – all actions that keep your hot water heater working hard. All in all, your hot water heater will contribute around 17% on average to your monthly electric bill, and that’s more than all of your home’s other household appliances combined.
A tankless water heater may be just the energy-saving solution you’ve been looking for, but these may not be the best choice for convenience for all families. A tankless water heater is a type of on-demand water heater, generating hot water only when needed, rather than storing it in a tank.
Determining If A Tankless Water Heater Is The Right Fit For Your Home in Ontario, CA
The best way to determine if a tankless water heater is right for your home is to simply examine your water bill. For homes that use less than 41 gallons of hot water per day, a tankless heater will be 24-34% more energy efficient than a conventional heater with a storage tank. For homes that use up to around 86 gallons of hot water per day, a tankless unit will be 8 to 14% more energy efficient. As the amount of hot water goes up, the amount of energy efficiency compared to a storage tank version goes down.
The initial installation cost of a tankless hot water heater system will be somewhat higher than that with a traditional storage tank, but they’re likely to last longer. With more than 20 years over the shelf life of a conventional water tank system, along with potential energy savings, this initial higher installation cost is made up for rather quickly.
The Benefits Of A Tankless System
There are many assorted benefits of a tankless hot water heater system. Some of these specific benefits include:
- Longer lifespan – The average tankless hot water heater system will last around 20 years longer than a conventional system before requiring replacement.
- Reduced flooding risk – A conventional system places a full tank of water somewhere in your home, whether in the kitchen, a closet, a basement, a bathroom, or anywhere. This puts the tank at risk for leaking and flooding, where a tankless system doesn’t hold any water in reserve.
- Reduced space needed – A big issue with conventional systems is the space needed for it. Essentially, in order to have a hot water tank, you’ll need to put it somewhere. A tankless system is much smaller, and requires much less space.
- Water temperature consistency – Tankless hot water heater systems tend to provide a more consistent water temperature compared to conventional systems.
- On-demand hot water – On-demand hot water means that not only is hot water instant, but it’s also not going to run out before your hair is fully rinsed in the shower.
Energy saving – Tankless systems save energy by heating water as its used, rather than keeping a tank of hot water on reserve.