Tankless water heaters have claimed a growing share of the market in New Lenox, IL thanks to their space-saving design and ability to produce an unlimited stream of hot water on demand. If you’re building a new home or if you want to replace your old hot water tank, here are three reasons why tankless water heaters are a wise investment.
1. Smaller Energy Bills
A tankless system could lower your water heating bills by 8 to 14% or about $100 per year. According to the U.S. Department of Energy, the less water you use, the more you’ll save. If your household uses less than 41 gallons of hot water a day, your savings could be as high as 34% because these units don’t waste energy keeping water warm around the clock.
2. Easier Water Heater Repairs
Hot water storage tanks are difficult to repair, and if the liner cracks, you’re out of luck. On the other hand, tankless water heater repairs tend to be more cost-effective since the internal components are easily accessible. If the unit develops a problem, it won’t cause catastrophic water damage as a storage tank can.
3. Increased Longevity
Tankless water heaters last almost twice as long as hot water tanks since the internal parts aren’t continuously exposed to water and corrosive elements. For perspective, conventional models typically need replacement after eight to 12 years, but the life expectancy of tankless models exceeds 20 years, which can yield a huge return on investment.
Expert Plumbing Service
Tankless water heaters more than just financial benefits They’re ideal for apartments, condos, and homes where space is at a premium. These compact systems can help you reclaim your utility room, basement, or garage. To learn more about our selection of tankless water heaters or to schedule expert plumbing service, contact Bradbury Plumbing, Heating, Air, & Electrical.