Need A New Water Heater? 3 Reasons To Go Tankless

If you're tired of water that never gets hot enough or losing money every month because of an old,  inefficient hot water heater, it may be time to consider getting a new one. However, before you go out and purchase a more updated version of your old tank model, it's worth taking the time to consider that you might be better served by purchasing one of those tankless water heaters that you've heard about. There are reasons why tankless water heaters are a topic of conversation – they offer a lot of benefits over the traditional tank water heaters. Take a look at the ways that a tankless water heater can improve your home.

Space Saver

Depending on the layout of your home, your hot water heater's tank is probably taking up room in either your kitchen, your laundry room, or your basement. Can you think of anything else you could do with that space? Getting rid of a hot water heater tank in your kitchen might give you more cabinet or pantry space. In a laundry room, that space could be used for shelves or a folding table. In the basement there are many possibilities, depending upon how you use your basement.

A tankless water heater isn't completely unobtrusive, but it does take up considerably less room than a big tank that holds tens of gallons of water. Many are no bigger than a large book, like a dictionary,  and can be mounted on the wall for convenience. That means that switching to a tankless water heater will give you brand new space to work with in your house. If you've been feeling a little cramped lately, this may be a great choice for you.

Less Risk

One major problem with hot water heater tanks is that they can rupture when they get old and worn. If you've never experienced a ruptured hot water heater, just try to imagine the damage that 50 or 60 gallons of water could do to your home. If your hot water heater is in the basement, repairing the damage will be bad enough – it could damage the flooring, the electrical outlets, and anything you have stored down there. If your hot water heater is located in another area of the house, though, it can get even worse. You could end up having to replace carpeting, cabinets, furniture, and other valuables. You may also have to move out while the flood repair is going on. Tankless water heaters completely remove this risk.

Tankless heaters also offer health benefits. Have you ever stopped to think that the water in your hot water heater's tank spends a lot of time just sitting there stagnant? As hot water heaters age, they can develop rust inside the tank, which means that the rust is in the water you use to cook, shower, wash dishes, and clean clothes. There's also the possibility of bacteria forming in stagnant water. With a tankless water heater, you'll always know that the water you're using is fresh and clean.

Cash Savings

It's likely that you'll spend more money up front when you choose to buy a tankless water heater instead of a conventional tank water heater. However, it's important to think about long term costs as well as short term costs. Water heaters are fairly long-lasting appliances, and you may find that the long term savings of a tankless water heater are worth the higher initial costs.

According to government research, homes that use 41 gallons of water or less a day will see an energy savings of 24%–34% after installing a tankless water heater. If your family uses more water than that, your savings will be lower – more like 8% to 14% percent if you use around 86 gallons of hot water a day, which is still a significant savings. If you're looking to cut your energy bills further, you may want to consider installing multiple tankless hot water heaters – you can have one installed at each hot water outlet in your home if you like. This strategy can save you as much as 50% over what you paid to heat your hot water with a conventional tank water heater.

Take the time to calculate how much water your family uses and the benefit to you of reducing your energy bills long term before choosing a new hot water heater. Don't forget to take other considerations, like the cleanliness of your hot water, the flood risk, and the amount of space your water heater takes up into account as well. You may find that a tankless hot water heater is the perfect choice for your home. For more ideas, look at sites like