Energy Savings available with Tankless Water Heaters
One of the most popular household appliances that increase convenience in day to day chores and activities are Tankless Water Heaters. With the passage of time, many research reports and first hand customer reviews have proved that choosing the right tankless water heater can lead to an array of benefits in the long term.
Along with portability, instant and non-stop supply of hot water, tankless water heaters also deliver energy efficiency. As with most conventional water heaters, that reserve water at a given temperature, there is constant amount of energy required to keep it hot which leads to almost 20% increase in the energy consumption when compared with tankless water heating solutions. Read on the find out more about how energy savings take place with tankless water heaters-
Saves Up on Stand By Loss
As mentioned earlier, the energy used in keeping water warm with a conventional water heater, the term used to explain the energy lost is standby loss since the water is not being used but simply waiting to be used. Tankless water heaters are famously known as the demand-type of water heaters. It basically means that it saves up on any standby loss that takes place with the conventional water heaters. Studies show that an almost 15% to 20% of energy is lost annually with conventional water heaters.
Benefits of Tax Rebates
Since using tankless water heaters promotes saving up on precious energy, most governments encourage home makers to adopt tankless water heaters by offering a tax credit. Although to benefit with this it is a compulsion to buy on those tankless water heaters that are certified to save up energy.
Some of the calculations posted by famous companies show that almost $80 can be saved up per year and $1700 in a lifetime on gas bills. Apart from that, depending on state laws specific credits on taxes are also enjoyed.
Lower Operating Costs
Where many people become shaky on the decision of buying tankless water heaters due to its high cost, when the resulting savings on energy, bills, taxes and operating costs is compared, the high buying price seems well worth it. It can be considered as a one-time investment, after which there are no worries for a family.
With extremely low operating costs, including installment charged and energy costs, tankless water heaters that are from renowned companies flaunt a life expectancy of more than 20 years, whereas, the conventional water heaters last for about 8 to 10 year at max.
Smart Choices Available
According to the varying needs of customers, tankless water heaters come in different varieties. From whole-house heaters to point-of-use, tankless water heaters are designed with the ability to cater for the required number of people or GPM (gallons per minute). This customization accounts for saving up more on energy.
For instance, if a whole-house tankless water heating system is installed that caters to 5 faucets flow rate at a time, it would be of no use if a smaller family or two faucet flow rate is needed. By choosing the most suitable tankless water heater not only can buyers save up on additional buying price but energy can be saved up immensely as well.
Water Heating Bill Reduces
Environment friendly tankless water heating systems save up to 60% on gas bills. As these statistics have been quoted earlier by a different company as well, where up to $1700 can be saved in a lifetime, when it is seen collectively the sustainable energy is reduced in use by huge amounts.
There are several green websites that indicate using lesser hot water along with environment friendly clothing washing machines and dishwashers are small contributions that every household can make towards a more healthier and resourceful future of natural sources of energy.
Adds in Extra Space
Along with the advantage of energy savings, opting tankless water heaters over storage ones, frees up to 12 cubic feet of usable area and space in a household. This can be better utilized for other productive or energy efficient purposes. Most tankless water heating systems come in portable designs that can be attached on walls or if it is for a smaller capacity output then can be installed near the kitchen sink as well.
Increase in Energy Efficiency
Some of the leading tankless water heating systems report up to 99.8% efficiency in energy consumption. One of the companies that claim and provide tankless water heating solutions with such commendable energy efficiency is http://www.ecosmartus.com/. With impressive energy efficient systems, tankless water heating solutions are accompanied with lifetime warranty that leads to better savings and back up on investment made on the system.
More calculations on recovery efficiency, standby losses and cycling losses that unveil energy efficiency can be done through the valuable information given on http://www.energy.gov/energysaver/articles/estimating-costs-and-efficiency-storage-demand-and-heat-pump-water-heaters.
About Author
Will
William Fisher is an independent contractor from Austin, Texas as well as the editor and main contributor to TanklessHeat.org. He has over 30+ years experience in the general contracting field. Check him out on Google +.