
Tankless Water Heater Cost
Efficiency & Affordability!
The emphasis, today, is
on energy saving appliances for
homes.
According to the U.S. Department of
Energy (DOE), one-fifth of the energy used by homeowners is
from water heaters. Obviously, finding a way to cut that down
benefits not only the homeowner but everyone else living on
this planet. One option is using a tankless water heater which
not saves the homeowner money, but conserves energy and
water.
How Do They Work?
There are no storage tanks, so when hot water is needed, the
cold water travels through a pipe into the heating unit.
Depending upon which type of heating unit you have installed,
either a gas burner or an electric element will heat the water.
In essence, tankless water heaters deliver a a constant supply
of hot water.
How Much Hot Water Can They Output
When Needed?
A tankless water heater can typically provide hot water at the
rate of two to five gallons (7.6-15.2 liters) per minute. Gas
powered will produce higher flow rates then the electric units.
However, in larger households with simultaneous use, even a gas
unit will have a problem generating enough hot water. Careful
planning and research before buying can overcome this
limitation. Knowing the tankless water heater size needed to
comfortably take care of a large family's needs is critical. In
some cases more than one unit may be needed. Separate demand
units may be installed for specific appliances that use a lot
of hot water such as a dishwasher or clothes washer.
Tankless vs Conventional Storage
Tank
If you family uses 41 gallons or less of hot water daily, then
your tankless water heater can save up to 24% - 34% more energy
than conventional storage tank water heaters. For those homes
that use more hot water, approximately 86 gallons per day, the
energy savings can be 8% - 14%. To achieve a higher savings,
27% - 50%, additional tankless water heaters will need to be
installed at each hot water outlet.
How Long Do They Last?
Tankless water heaters last longer than the conventional
storage tank water heaters. The tankless units should last
about 20 years.
How To Select A Tankless Water
Heater
Since gas is generally less expensive than electric, the gas
tankless units are usually cheaper to buy. The gas units also
have a higher flow rate than the electric tankless
units.
When considering a tankless water
heater, remember there will be two costs involved: the first is
the cost of buying the tankless unit and the second will be the
cost of operating the unit once it is installed in the home.
When buying the tankless unit, the cost will be higher;
however, over time the unit will save considerable money and
energy during it's lifetime (approximately 20
years).
First, compare the flow rates between
the models which interest you. How do you figure the flow
rates? Think about how much hot water you use at the peak of
your day (showers, washing clothes, dishwasher, whatever will
be using hot water) and make a list.
In order to get your estimate, figure
about two gallons per shower, about one gallon per faucet,
figure one-two gallons for running the dishwasher and clothes
washer at the same time as the other activities. This is an
important step and simple to complete.
The next part in the selection of a
tankless water heater will involve your plumber. The size of
the gas line and vents needs to be considered for running the
tankless unit. When looking at models, find out the cost of
converting to a tankless water heater.
Also, in comparing models and making
your choice, make sure servicing the unit is factored into the
equation. Who does the servicing in your area? Are the parts
readily available or will there be a wait?
These are important considerations
when thinking about converting to a tankless water heater. The
most critical part of these equations will be to do your
homework before you have to make a choice. In other words,
don't wait until your old conventional storage tank unit goes
out before checking on the tankless units.
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