Save on Energy Bills with a Tankless Water Heater

Save on Energy Bills with a Tankless Water Heater

Homeowners are always keen on finding ways to save on energy bills and do their part to reduce their carbon footprint. We can help you do that!  Here’s how:

1. Use a Tankless Water Heater

Tankless Water Heaters are also known as demand-type or instantaneous water heaters because they provide hot water on demand, only as it is needed.

That means there aren’t the standby energy losses you get with storage water heaters that keep the hot water standing by in a tank, or keep the water heater ready to fire again instantly. Ending energy losses means cost savings!

2. Selecting a Tankless Water Heater

When selecting a Tankless Water Heater (TWH) there are a few things to keep in mind:

Make sure that you choose the correct size that will meet the hot water needs of your household while operating most efficiently.

Consider the fuel. Fuel types include electricity, fuel oil, natural gas, propane, solar or geothermal energy.

Energy efficiency is determined by the energy factor, which is the amount of hot water produced per unit of fuel consumed in a typical day.

Depending on fuel used and size of TWH, you should calculate the annual operating cost.

3. How to Install a Tankless Water Heater

Proper installation of a TWH involves a lot of factors like climate, fuel type, local building codes, and as always, safety. So, it is best left to a qualified plumbing and heating contractor.

Some tips on hiring a contractor include requesting cost estimates in writing, asking for references, checking the company with the Better Business Bureau, and making sure the company will obtain local permits if necessary, and that they understand local building codes.

If you are determined on installing it yourself, consult the manufacturer, who can provide the necessary installation instructions. Remember as well to obtain permits from your city or town if required and check on any local water heater installation codes.

4. Upgrade to a Tankless Water Heater

While it is true that initial installation of a tankless water heater is more expensive, the energy savings will be greater in the long run, because when you are not using hot water, you aren’t using energy to heat it.

You will have unlimited hot water, but the flow rate determines the amount of hot water the heater can produce, and it can deliver the water at that flow rate indefinitely.

That means that there is no constraint on how much water can be used, so there is no fear of the hot water running out, so some family members may never leave the shower!

There is a reduced risk of water damage, because there is not stored water, so no tank failures or ruptures will happen.

Less maintenance is needed because there are no rusting issues, and they have a longer useful lifespan that tank water heaters, and can last almost twice as long. Tankless water heaters take up less physical space, as well.

Deciding on a tankless water heater just became easier!