A Tankless Water Heater: The Benefits and Cons
You might consider a tankless hot water heating system for a variety of reasons. But you may be wondering if it’s worth the investment. Are the benefits worth the cost or is it just a marketing ploy? These water heating systems claim to be able to instantly turn cold water into hot, but it is a questionable assertion. Let’s look at the benefits they offer and where they may fall short. These pros and cons are listed below.
#1 PRO – On-Demand Hot water
These systems do deliver instantaneous hot water. These systems eliminate the “standby heat losses” that tank-style water heaters can cause. Heat exchangers heat from one element to the other. This is a heat exchanger that converts heat from a coil or like water. These heat exchangers can be found in your car radiator or refrigerator.
#1 CON: Hot Water Lag Time
Although it will take a few seconds, the faucet is what brings in hot water. Turning it on will remove the cool water from the heat exchanger, which can cause some delay. The distance between the two will determine how long you wait.
#2 PRO – Unlimited Supply of Hot Water
Most likely, you’re familiar with what it’s like for someone to be the last to get a hot shower. It’s more likely that it’s lukewarm than cold. This problem can be solved by a tankless water heater. These tankless water heaters are engineered to meet all these demands so that everyone can have hot water no matter how many are waiting in line to take a shower.
#2 CON: Hot Water Inconsistencies
However, hot water availability can also be affected by how much hot water is available at once. You may experience temperature problems if everyone takes a shower simultaneously. If you have multiple appliances sharing your shower, the same applies. The heat exchanger might not be able to keep up if the dishwasher is running simultaneously with the washer. You can reduce hot water consumption by installing tankless systems or being aware of your appliances’ specific needs.
#3 PRO Longevity
Tankless water heaters are designed to last twice if traditional tanks. Tank systems of high quality will need to be replaced every 10 to 15 years. Tankless systems can last for 20-25 years, which is a huge cost-saving opportunity.
#3 CON: An Investment
It is obvious that a tankless water heater is an investment. For some, the savings over the next decades may not be worth it. Because they require more labor, tankless systems tend to have higher costs.
#4 PRO Space Saving Innovation
Plumbing Tankless water heaters installed in homes in Boston are a great option for people who live in smaller spaces or want to be innovative. These are a great option for those with smaller homes as they can be mounted on the wall and take up very little space.
#4 CON – Add-on Equipment May Be Required
A water softener is required for many tankless systems. This depends on where you live. It can take up space you have saved by installing a smaller tankless system.
#5 PRO Warranty Will Be Longer
The tankless water heater’s warranty is built to last longer than traditional heaters. You can see that the cost of repairs can be a significant investment. Many warranties offer complete replacements, which is a great option considering the initial cost.
#5 CON – Warranty Stipulations
You will need to follow the maintenance requirements to make sure that your warranty remains intact. You may need to add a water softener or clean the tankless system every year in order to keep it free from mineral deposits. These additional costs should be considered when purchasing a tankless water heater.
#6 PRO – Electric and Gas Options
There is a tankless solution for every grid, no matter how old or new, electric or gas. These water heater systems can be complicated to install and will require professional installation.
#6 CON – Other Options
There are many options. For instance, solar heating can heat your water. It may require less equipment and more complex installations. This option could offer a higher return on investment, depending on your willingness to work with limitations.
#7 PRO Energy Savings
Installing a tankless water heater could help homeowners save hundreds of dollars each year. Tankless systems are 20-30% more efficient than traditional tank systems. A tankless water heater in Haverhill, Boston, MA is a smart choice, as water heating is the third most expensive item in a home.
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#7 CON – Energy Star Options Are Good Too
Energy Star water heaters provide monthly energy savings and qualify for a tax credit. Tankless systems may be able to achieve the same results, but the cost of installing a tankless water heater might not be worth it depending upon your preferences and the size and location of your home. An Energy Star water heater has another advantage: they are easier to install than most tankless
#8 PRO Hot Water for All
The hot water tank systems will eventually run out. As we said, this could leave you in a cold shower or on standby to wash dishes while you wait for your tank system to replenish. You won’t be left in a hurry if you have a large family staying in your home in Winter and waiting for the holidays. No matter how many people are involved, hot water will always be ready and available.
#8 CON – Size Matters There is however a caveat to the whole “hot water” benefit.
Tankless systems heat only a limited amount of water every minute. When choosing the right tankless system for you, it is important to consider the size of the unit. Consider how many people are going to use the hot water in your home, and then size your tankless system accordingly.
#9 PRO – Environmentally Friendly
While the obvious impact on the environment is energy savings, there are other benefits that can be achieved that will make your life easier. The positive impact of tankless systems heating water only when it is needed to is energy conservation. These units don’t emit greenhouse gases if you choose an electric model. Tankless systems also have a 99% efficiency rating (or close to it), meaning that what energy it produces is what it uses.
#9 CON – More Luxury
Although tankless systems may be more environmentally friendly than traditional tanks, the collective benefits of tankless systems is greater than the individual. Although tankless water heaters can make you feel better about your carbon footprint, they won’t necessarily translate into savings for you. A tankless water heater is likely to be more expensive than you think because of all the features it offers.
#PRO10: Increase Property Value
You are increasing the property value every time you add a special system to your home like a tankless water heating system. This will make your home more attractive when you sell it.
#CON10: It Might not Matter
You might not get a return on your investment if you convert an old system to a tankless one in the wrong place. As with all home improvements and repairs, upgrades can put your home on the market. This can be avoided by calculating the value of your home and weighing its market value before you make any purchase.
Not everyone will need tankless water heaters. These systems can be marketed as money-saving alternatives, which they often are. However, they may not be worth the cost of your purchase. Most tankless systems are a luxury item for most buyers, but they can offer some additional economic and environmental benefits.
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