- Tankless water heaters generate hot water on demand, only when needed
- Tankless water heaters can produce between two and five gallons of hot water per minute
- Other benefits of tankless water heaters include reduced flooding risk
Did you know that water heaters make up about 17 percent of your Salt Lake City or Park City home’s electrical usage? That’s right. Water heaters use more electrical power than all of your other household appliances combined.
If you want to save money on your electric bill, it might be time to consider upgrading your water heater and converting to a tankless water heater. Tankless water heaters are energy-efficient and could save you some serious money in the long run.
Tankless Water Heaters
First it’s important to understand how a traditional hot water heater works. Traditional hot water heaters or regular storage water heaters keep hot water ready and waiting at all times. In other words, even if no one is using hot water in your house at a given moment, the hot water heater has hot water standing by. It takes a lot of energy to keep the stored water warm and waiting.
Tankless water heaters don’t have a storage tank and generate hot water on demand, only when needed. This significantly reduces the amount of energy used to produce hot water for your home. You won’t have to wait for hot water; the hot water of tankless water heaters is almost instantaneous and consistent.
How Tankless Water Heaters Work
When you turn on a hot water tap in your home, water enters the tankless hot water heater via a pipe. Then the water is heated typically through an electric unit or gas burner. Tankless water heaters can produce between two and five gallons of hot water per minute.
If you use a lot of hot water in your home, you might want to use two or more tankless water heaters in order to meet the demand. Another option is to install tankless water heaters for specific appliances; for example, your shower can have one tankless water heater, while the dishwasher operates using another one, and the laundry machine is connected to its own.
Most tankless water heaters have their own thermostat so you can easily control the water’s temperature.
Choosing a Tankless Water Heater
In order to determine if a hot water heater is right for your home, you should look at your water bill. If you use less 45 gallons of hot water daily, then a tankless water heater would be 24-34 percent more energy efficient than the traditional storage water heater. If you use upwards of 80 gallons of hot water a day, a tankless water heater is still 8-14 percent more energy efficient than traditional water heaters.
Tankless water heaters can be more expensive than traditional water heaters during the installation process; however, you’ll save a significant amount of money on your energy bill and most tankless water heaters last for 20 years or more. It’s best to think of tankless water heaters as an investment that will save you money long term.
Another benefit of the tankless water heater is reduced flooding risk. Without the large storage tank of the traditional water heater, there is a much lower risk of flooding and subsequent water damage
Considering a tankless hot water heater? Call us today and we can help determine if it’s an efficient choice for your home and install it!