Rather than storing 30 to 50 gallons of water, or more in a tank and using energy to keep the water heated to the desired temperature levels, a tankless water heater operates much differently. When you turn on a faucet in the home for hot water, the tankless heater makes the hot water “on demand.” As a result, these types of water heaters are much more energy efficient because they only use electricity, natural gas, or propane, when you turn on the hot water. With traditional tanks, the heater can turn on numerous times throughout the day to keep stored water heated.
Another benefit of a tankless water heater is a reduction in your overall energy usage, which translates to lower hydro and gas bills, and can be as much as a 20% decrease depending on the amount of hot water your home uses. Over time, the energy savings alone, can easily offset the initial costs to convert your home to a tankless water heater. Plus, tankless models tend to last five to ten years longer than traditional water heater models.
A tankless water heater also uses less water. Instead of having to turn on the faucet and wait for the water to get hot, quit common with a traditional tank water heater, a tankless heater delivers hot water immediately. So you will also see a reduction in water usage and lower monthly bills.
In some cases, the Canadian government may offer special rebates and incentives on tankless water heaters, especially if they are Energy Star® certified. Remember to check out Natural Resources Canada or talk to your Mississauga plumbing company to see what incentives are currently being offered.
There are several different models of tankless water heaters, and installation is fairly easy, as long as you have a professional plumber do the work. The tankless heater can be installed in the same location as your current water heater and use the existing water, electrical connections, and natural gas line (if applicable).
Since tankless heaters take up significantly less space, they provide more flexibility where they can be installed within your home. They can be installed under sink cabinets, on walls, and other such locations. If you want the heater installed in a different are of the home, it is possible, so long as water, electricity, and gas lines are accessible.
To learn more about tankless water heaters for your home, help deciding which models would be best, or to find out current incentives on Energy Star® models, please feel free to contact Precise Plumbing at 647-878-9293 today!