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Is It Time to Invest in a Tankless Water Heater?

Washing Machine
Does your home need a tankless water heater? Because tankless heaters are more energy efficient and reliable, many homes have now use them instead of conventional water heaters. However, whether or not switching to a tankless heater is the ideal solution for you really depends on your home, your family, and your water usage. If you are thinking of switching over to a tankless heater, you might want to consider the following.

Do You Use Hot Water Frequently Throughout the Day?

Because tankless water heaters heat water on demand, they are most useful when your family uses hot water throughout the day. Showers, sinks, dishwashers, and washing machines will all use hot water. With a conventional water heater, you may periodically run out of hot water and have to wait until the entire tank has been reheated.

If you find yourself regularly running out of hot water throughout the day, you might want to consider switching to a tankless water heater, as it will be better able to keep up with the demand. You may want to look at your home's water usage throughout the day to identify your water habits.

Does Your Family Use a Lot of Hot Water at Once?

A tankless water heater operates without a tank because it heats the water as it flows through. If a lot of water is used at exactly the same time, it is possible that a tankless heater won't be able to keep up with the flow — though it's also possible that a higher flow tankless water heater can be purchased.

A conventional heater may be able to keep up with this demand all at once, but it is also important to note that this amount of demand is likely to deplete the tank quickly. Consequently, conventional water heaters are ideal in scenarios where a lot of heated water heater may be used at once very quickly, such as multiple family members taking a shower at the same time.

How Important Is Energy Use and Sustainability to You?

Tankless water heaters are undeniably more energy efficient and sustainable. A traditional heater has to take an entire tank of water and heat it. It then has to keep the water hot throughout the day (unless it is on a timer). By comparison, a tankless water heater only operates when it is in use. This, in turn, consumes far less energy. 

How Old Is Your Current Water Heater?

Most water heaters last about 8 to 15 years. If your current water heater is still fairly young, you may not want to replace it yet. On the other hand, if your water heater is very inefficient, you may not want to waste both money and energy every year.
If your water heater is already fairly old and approaching the end of its useful lifespan, you might want to replace it before it dies. It may already be time to upgrade, and a tankless water heater will likely be beneficial.

What Is Your Budget Like?

A tankless water heater is less expensive to run in the long term. In fact, it will generally pay for itself in reduced operating costs. But it is also true that a tankless water heater is more expensive to purchase than is a traditional water heater.

If you don't have a lot to spend upfront, it could make more sense to your budget to purchase a traditional heater. However, that also means that you will have increased costs for the duration of the water heater's life.

Many people find that a tankless water heater makes a fantastic upgrade. Not only do tankless water heaters save you money in the long run, they are also more effective and convenient. However, if your home has different water use habits, you can still find options for energy-efficient conventional heaters. If you're trying to decide which water heater is best for you, contact First Class Water Heaters Inc.