Every home deserves access to hot water for cleaning and bathing. Today’s technology has advanced dramatically, allowing tankless water heaters to dominate the industry. With a tankless system, homeowners have direct access to a steady supply of hot water without a lengthy warm-up period. These systems run on various sources, with electric being the most common.
Electric Tankless Water Heaters
An electric tankless water heater ties directly into your home’s electrical system. During the installation process, technicians may skip new power source installations entirely. That means less work and less cost.
Plus, electric units provide direct access to hot water. When you turn on a faucet, you’ll quickly be greeted by hot water. A conventional water heater would run out of its hot water supply after one shower or a load of laundry. Today, electric tankless water heaters are considered a long-term win for homeowners.
Benefits of Tankless Water Heaters
According to the U.S. Department of Energy, today’s tankless water heaters are more efficient and utilize less energy than a conventional system. In fact, most offer an annual savings of $25 to $107.
Further benefits include:
- If you use less hot water (under 41 gallons per day), a tankless water heater provides 24% to 34% higher efficiency.
- If you use more hot water (around 86 gallons per day), a tankless water heater is 8% to 14% more energy efficient.
- An on-demand unit for every “zone” of your home that uses hot water provides energy savings of 27% to 50%.
- Tankless units are environmentally friendly devices.
- Higher energy efficiency leads directly to monetary savings each month.