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Did you know that hot water heating accounts for almost 20% of your home’s energy usage, and homeowners spend between $400 and $600 a year on water heating alone? Most don’t realize it, but this is a significant portion of their utility bill. Whether you’re in the market for a new water heater or looking to save money on your monthly bill, a tankless water heater installation might be suitable for your home. Besides energy and cost savings, there are several other reasons to choose a tankless water heater over a traditional style. The experts at Fosh are sharing tankless water heater benefits and why upgrading to this model is a valuable enhancement for your home.

How Does a Tankless Water Heater Work?

Tankless water heaters, also known as on-demand or instant water heaters, are an excellent long-term investment. A traditional water heater continuously uses energy to maintain a hot water supply, costing you money. Unlike conventional water heaters, tankless water heaters only generate hot water when needed, like when using appliances or opening a hot water tap. Tankless technology heats the water directly as it flows towards the faucet, instantly supplying you with hot water whenever needed.

Whether washing dishes, showering, or cooking, your water heater makes these tasks possible. Read on to learn several tankless water heater benefits.

Energy Efficient

The main advantage of a tankless water heater is it saves more energy than a traditional water heater. Your outdated tank-style water heater has a 40 to 50-gallon water supply where it maintains the temperature all day, every day, expending a great deal of energy. Tankless water heaters only produce hot water on demand and do not maintain a steady hot water supply. You can reduce your energy usage by over 30% by only heating water when needed.

Continuous Hot Water

If you’ve ever run out of hot water, chances are your home operates with a tank-style water heater. Tankless water heaters offer continuous hot water, so you never have to worry about running out again! A tankless water heater can produce five to seven gallons of hot water per minute, allowing you to shower and run appliances simultaneously without worrying about using all the hot water. Connect with a local plumber today and see how a tankless water heater can benefit your home. 

Extended Life Span

On average, a tank-style water heater lasts between eight and twelve years. A tankless water heater can last twice as long, and proper maintenance can offer up to 20 years of use. Manufacturers typically offer an extended warranty on tankless heaters because of this.

Reducing Flood Risk

A traditional tank-style water heater is subject to rust and scale accumulation, and that buildup inside your tank can lead to leaks and eventual flooding. Because a tankless water heater doesn’t have a tank, there is a low to no risk of leaks or flooding.

Save Space

Tankless water heaters are compact in design and typically installed on a wall, in sink cabinets, or in a closet. A tankless heater is for you if you’re looking for a water heater that takes up less space.

Why Partner With the Local Plumbers at Fosh?

If you’re still wondering how a tankless water heater can benefit your home, contact the experts at Fosh Plumbing & Heating Inc. today. Our team can work with you to determine the best option for your space and provide you with the highest level of customer satisfaction when we complete a water heater service on your property. Call us at (610) 496-5700 to request an estimate or schedule a service.