If your traditional hot water heater has broken down for good, you may have considered the possibility of replacing it with a tankless hot water heater. This kind of water heating system operates a bit differently, since it only heats water when you need it instead of wasting energy while you're at work or sleeping. These systems do have disadvantages though, which is why you must know the good and the bad before making a decision.
Advantages of a Tankless Hot Water Heater
The biggest advantage is that you will have a limitless supply of hot water. Since the system works by heating the water with a series of heated coils, the water is heated on demand. If you have ever encountered a lack of hot water in your home due to people taking consecutive showers in the morning, a tankless hot water heater will fix the problem for you.
The heater itself will take up a lot less space in your home, since the unit is wall mounted instead of sitting on the floor. If your hot water heater is currently in a closet due to the lack of a basement, using a tankless hot water heater can help you gain some storage back.
Disadvantages of a Tankless Hot Water Heater
Many homeowners are put off by the initial installation costs. While the appliance will save you $70-$80 each year when it comes to energy costs, the cost of the more expensive water heater can offset any savings that you see. It may take as long as 22 years to eventually break even on the initial purchase cost. If you are environmentally conscious, the tankless system will be a great choice though.
Tankless systems also have a bit of a delay when turning on a faucet with hot water, with the issue depending on the distance between the faucet and the water heater. While it should not be a deal breaker for those that need unlimited hot water, it may be an annoyance. A tankless hot water heater can also have difficulties with high demand all at once. If you have multiple bathrooms with more than one person showering in the morning, you may find that the tankless system cannot keep up with the simultaneous high demand.
Does it sound like a tankless hot water heater is the best choice for your home? Contract a plumber in your area like A Absolute Plumbing & Heating for more information. They can give you a price quote on the unit, and even perform the installation for you to ensure that it is installed correctly.