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Tankless hot water heater installed in a basement utility room to save money and energy.

Reasons to Switch to a Tankless Water Heater in 2023

If you are looking to invest in your home while lowering your energy costs and reducing your environmental impact, replacing your tanked water heater with a tankless unit is a wise decision. As the name suggests, a tankless water heater operates without a tank. Instead of storing water, tankless units produce hot water as needed, which comes with various benefits.

Energy Efficiency

The biggest advantage of using a tankless water heater is its energy-efficient operation. Because they don’t heat water continuously like traditional tanked heaters do, tankless units use far less energy to provide the same hot water. In fact, a tankless water heater can reduce your energy use by between 24% and 34%.

Cost Savings

By using less energy, a tankless water heater can significantly lower the amount of money you spend on your energy bills. Estimates from Energy Star show that the average homeowner can save several hundred dollars each year by switching to a tankless unit. In addition, tankless water heaters require very little maintenance and can last five to 10 years longer than tank heaters. This means that you can save even more money over the long term.

Hot Water On-Demand

In addition to improving your home’s efficiency and reducing your energy bills, tankless water heaters keep the hot water flowing continuously throughout the day. If you have ever had to wait for water to heat up to take a shower or wash the dishes, you understand what a major benefit this is.

Space-Saving Design

Space-hogging storage areas for conventional water heaters waste valuable real estate. The average tank heater is 60 by 24 inches and holds up to 60 gallons of water. Often, these units are installed in a closet where they take up the entire space. Switching to a tankless water heater, which is typically around 28 inches tall and 20 inches wide, means that you can put that space to better use.

Improved Safety

When they malfunction, tank water heaters can overheat and even explode in extreme circumstances. With dozens of gallons stored in them, they can also leak and cause significant damage. Because tankless models hold very little water, you don’t have to worry about overheating or leaks causing major issues in your home.

Make the Switch Today

So, are you convinced that it’s time to make the switch to a tankless water heater? If you live in Ocala, FL or the surrounding area and want to learn more about tankless water heaters, give the team at Root Scooter Plumbing a call today.

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