Are Tankless Water Heaters Worth The Investment?

The average American home uses about 60 gallons of hot water every day for its appliances and taps.

The only problem is that they’re probably paying to heat more water than that. 

If you have a conventional water heater (one with a storage tank), your hot water spends most of its time waiting to be used, losing heat in the meantime. That water has to be hot when you need it – which means that you could be paying to heat your water multiple times. Insulating your hot water storage tank will help the problem, but it won’t eliminate it entirely; to do that, you need to install a propane tankless water heater.

Tankless water heater benefits

A tankless water heater produces the hot water on demand rather than heating water and storing it in a tank for later use. By operating this way, it offers key benefits compared to conventional water heaters, including:

• Unlimited hot water – A properly-sized tankless water heater will pump out hot water indefinitely, as long your water main continues to supply water to its heating element.
• Lower energy bills – By working only when needed, not using a pilot light, and never having to reheat water that has been sitting in a storage tank in your cold basement, a tankless water heater could cut your monthly bills by as much as 30 percent compared to a storage-type electric-powered unit.
• A compact form factor – A tankless water heater is about the size of a suitcase, which means you can put it just about anywhere – including closets and crawl spaces.
• Longer equipment life – The average lifespan for a tankless water heater is 18 years, according to the U.S. Department of Energy – nearly double the average 10 years of a conventional water heater.

While the initial purchase price of a tankless water heater can be significantly higher than that of a conventional water heater, the energy savings and equipment longevity can offset that cost and more.

The bottom line: a tankless water heater can be a great option – as long as it is sized and installed by professionals like the ones you will always find at Dixon Energy!

Considering an upgrade to a tankless water heater? We can help! Contact us today to get a FREE, no obligation estimate on propane tankless water heater installation in NJ from the pros at Dixon Bros!