Electric tankless water heaters are becoming increasingly popular over standard water heaters due to the many benefits they provide. Tankless water heaters work by heating water as it passes through a heat exchanger versus keeping a large amount of water heated at all times. A sensor tells the heat exchanger to fire and heat the water any time you turn on a hot water knob or faucet.
Here are a few of the many benefits of electric tankless water heaters:
- They don’t require much room because they are much smaller and more compact than traditional units. They can often be installed on a wall. Average tankless heaters measure about 20 inches wide by 28 inches tall.
- There is a reduced risk of flooding because they don’t maintain a reserve of water that could leak.
- They have a life expectancy of about 20 years, unlike traditional heaters that have a life expectancy of 6 to 10 years. They also have easily replaceable parts that extend their life by many more years.
- Even though the initial purchase cost is more, tankless water heaters quickly make up for it by saving you money on your utility bills due to their more efficient operating systems. The operating cost of an average tankless unit is 20% to 50% less than a traditional water heater because they are not wasting energy on standby heat that is heating water in a tank waiting for someone to use it.
- They are produced by some of the most innovative and quality-conscious manufactures, such as Bosch, Takagi, and Noritz. You can be confident in the reliability and reputation of the products.
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