It’s important to evaluate how your home heats water. Estimates show that approximately 30% of a home’s energy budget is consumed by heating water! Are you considering replacing the water heater in your home? Now is the time to consider whether you should replace it with a similar model or switching to a new tankless water heater!
Traditional water heaters are constantly heating water in the tank, whether or not it is being used. Tankless water heaters, by contrast, only heat water when hot water is needed. This is where the name “on demand” water heaters comes from. What’s the result of this difference? The less water there is to heat means less cost to you.
One important thing to consider with tankless water heaters is size. In this case, size matters! They are available in room or whole-house sizes. Other things to consider include:
- Location. Being in the northeast, your ground water is colder. This colder temperature may affect the speed and flow of the system.
- Fuel Type. You have a choice in electric or gas for available tankless water heater models. If you choose to go with electric, you’ll need to check for voltage and amperage requirements. If you decide to go with a gas model, you’ll need to consider venting options for the unit.
- Water Needs & Usage. Do you think you will be running the dishwasher while someone else is in the shower? You’ll need to take into account what your water needs are so that you calculate an accurate gallons-per-minute (GPM) rate. Also, don’t forget about water usage. Remember that a bathroom needs less water than a kitchen, a dishwasher needs less water than a shower, etc.
- Check out what rebates may be available to you! You may be eligible for incentives from your utility company or from state tax credits.
One last thing to consider regarding tankless water heaters is that a tankless system will cost a bit more up front but will save you money over time in operating costs. Tankless water heaters can be 24-34% more efficient than their traditional tank-style water heater counterparts.
For more information about going tankless, contact our office today!