3 Reasons You Should Switch to a Tankless Water Heater Today!

In the past there were only two ways to have hot water in your home: you could either boil the water yourself, or you could install a water heater that would warm a reservoir tank of water to be used in sinks and tubs around your home. While the first tankless water heater was invented in 1929, they didn’t gain popularity until the 1990s.
Over the last thirty or so years, the tankless water system has grown immensely in popularity, partly due to the fact that tankless water heaters offer instant hot water at a moment’s notice. Here are a few more reasons why tankless water heaters are a better option than traditional storage tank systems.
1- Prioritize Water Conservation
One major point to the credit of tankless water heaters is that they conserve water substantially more than traditional units.
A storage tank water heater works by heating all of the water in the tank at one time.
That means that whatever water isn’t used up before it gets cold again will be thrown out so that the tank can be refilled and heated again.
Not only does this cause your water bill to go up, but it also unnecessarily wastes fresh water. With the global water crisis humanity is currently facing, switching to a more efficient tankless water heater is the most responsible thing you can do!
2- Invest Today, Reduce Your Water Heater Cost Tomorrow
Another reason why it is worthwhile to invest in a tankless water heater is that they can end up saving you money on your monthly expenses over time.
Tankless water heaters have a higher initial cost than traditional water heaters, some costing as much as two thousand dollars to install, but they also last up to twice as long as conventional water heaters, so they will save you from having to replace your water heater in the next ten years.
Tankless water heaters are also significantly more efficient than traditional units, so they save you money on your monthly energy bill. Depending on the type of tankless water heater (electric or gas powered) you install, you can save anywhere from $44 to $100 a year on electricity! Again, because they conserve more water, they can also help to reduce your water bill as well.
3- Save Space Your Home
Finally, if you are looking to free up space in your home, whether in your basement, garage, or utility closet, upgrading to a tankless water heater is the way to go!
Tankless water heaters are compact enough that they can be mounted on the wall in even the tightest spaces. Tankless water heaters can also be mounted outdoors, freeing up wall space in your home as well!
Remember, it's always important to do your research before installing new appliances in your home. Once you've decided on the perfect tankless water heater, and are ready for installation, call Lodder Brothers! Our plumbing technicians are prepared to help you find and install your ideal tankless water heater. Just call (519) 836-6370 for service in Guelph today!
