Pros and Cons of Tankless Water Heaters
Tankless water heaters are becoming a popular water heater replacement option for homeowners. Energy Efficiency Alberta’s Home Improvement Rebate program offers rebates up to $1000 to homeowners who install a new tankless water heater. While there are numerous benefits to installing this energy efficient product, there are also some drawbacks you should be aware of.
Pros of Tankless Water Heaters
The largest benefit of a tankless water heater is the energy-savings they can provide. Older storage-style hot water tanks are constantly using natural gas to keep stored water hot all the time. A tankless heater only heats water as it is used, nearly eliminating energy waste. A typical family can reduce energy consumption by 30 to 50 per cent using a tankless water heater, resulting in impressive energy cost savings over time.
You will get hot water on demand and tankless hot water systems can usually produce hot water faster than traditional systems. They also take up a lot less space than the traditional hot water tanks. Learn more about installation by contacting on of the best plumbers in Edmonton.
Tankless water heaters also have a longer lifespan than storage tank water heaters. A conventional hot water tank is expected to last up to 10 years, where a high-quality tankless can last up to 20 years. If you’re planning on staying in your home for the long-term, you will get a good return on your investment. Learn how to maintain a tankless water heater.
If you live in Alberta, you can have your tankless water heater installed by an eligible contractor and receive a sizeable rebate for it too. This is another major benefit of choosing this type of system for your hot water heater replacement.
Cons of Tankless Water Heaters
The biggest disadvantage of these energy efficient products is that one tankless water heater might not actually be enough to produce enough hot water for a medium to large household as they only serve one fixture at time. So, if someone is having a shower, you won’t be able to use hot water for the dishwasher or the washing machine. Some households will require larger or even multiple units to meet their hot water needs.
In the past, another drawback was the initial cost of purchasing and installing a tankless water heater. Though the cost is typically higher than a conventional hot water tank, Albertans can eliminate this extra cost by taking advantage of the government’s Home Improvement Rebate Program.
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