One question that many people ask when they are choosing a new water heater is: are tankless water heaters worth it?
Cost is an important consideration when choosing new plumbing equipment and systems because replacing or repairing plumbing equipment can be very expensive, particularly with the addition of the labor costs of hiring an experienced and licensed plumber. A tankless heater will generally use significantly less energy than a conventional one, but is this enough to make the higher initial costs of purchasing a tankless worthwhile?
Long Term Savings VS Immediate Costs
The question of “are tankless water heaters worth it” is a question of balancing the long-term and short-term costs of different types of heaters. What people are really asking is how do the energy savings over the lifetime of the heater compare to the initial cost. Tankless usually cost between three and five times as much as a normal water heater for the initial purchase. However, they can reduce energy consumption by as much as 30 percent, by only heating water when it is needed rather than keeping a tank of hot water constantly heated. If the extra cost of buying a tankless water heater is to be worth it, the homeowner must be able to recover at least this much during the lifetime of the water heater. The average tankless water heater will last for 20 years or more, particularly when they are purchased from reputable manufacturers such as Navien. Conventional water heaters will usually need to be replaced every 6 to 12 years.
However, it is important for homeowners to remember that there will be some variation in what the best choice will be for different households in different parts of the country. The costs of installation can also vary in different locations, so tankless water heaters tend to be cheaper in some areas than in others. The climate can also affect how much the homeowner can save by opting for a tankless water heater. In a cold climate, such as the Midwest, the water that is entering the plumbing system will be at a very cold temperature, often around 40 degrees Fahrenheit. To heat this water to the required temperature for a hot shower or bath will take a lot more energy than heating warmer water. A cold climate can push tankless heaters right up to the limits of their capabilities. They may not be able to provide hot enough water at a fast enough flow rate when it is being used in a cold climate, particularly if consumption is high.
Households that use more hot water, in any climate, may also find that when they ask are tankless water heaters worth it the answer is yes and no. This is because they will be using so much hot water that their heater is working just as much whether it is a tankless or a conventional. Without the energy savings that comes from only using the heater when hot water is needed, the additional cost of buying a tankless heater will not be offset by any savings on energy usage. However, for households that use large amounts of hot water, the tankless will never run out of hot water. It will produce for as long as you need it.
With a conventional tank heater, households with moderate to high rates of consumption will find that they can run out of hot water if they need to use a lot of hot water quickly. A tankless heats the water quickly, as it is needed. When the hot water is being taken from a tank, the tank will be filled up with cold water, which will cool the temperature of the water that is available. A 50 gallon hot water tank will typically only be able to provide about 35 gallons of hot water before it runs out. A tankless water heater can provide more hot water, faster, under the right conditions, such as in a warmer climate.
Tankless heaters provide better savings in warm climates and in households where consumption is low. Homeowners who are asking themselves are tankless water heaters worth it will find that the answer depends on where they live, the prices for installation in their area, and the way in which their household uses hot water.
It is very important that you find a professional and qualified company for your tankless water heater service Vancouver installation. Make sure they hold the necessary license and insurance required by the state.