If you are looking for a way to upgrade your home and save money on utility bills, it may be in your best interest to consider buying a tankless water heater. This type of product can be ideal if you have a large family or are looking to create a home that is more functional for you and your family. This type of product comes in multiple sizes, which means that it can be a perfect fit for your home regardless of how large it is.
You’ll Never Run Out of Hot Water
Perhaps the best reason to buy a tankless water heater is that it will provide you and your family with an almost endless supply of hot water. This is because it has the ability to provide heat on demand as opposed to when a holding tank is sufficiently full. You don’t have to worry about how long you spend in the shower. You don’t have to worry about the water getting cold if you’re the last one in your family to get into the shower in the morning.
It also means that you can enjoy a nice bath while the washing machine or dishwasher is running. In some cases, you may be able to run a bath while both are going at the same time. Having the ability to perform multiple tasks at once can help to make bedtime easier if you have multiple children. It can also make mornings easier since everyone in the house can get ready for school or work at the same time.
Save Money on Tax and Utility Bills
A tankless water heater will only provide hot water when you or someone else in your home actually needs it. Therefore, it is generally more efficient than a traditional water heater, which means that you can save hundreds of dollars annually on utility bills. In addition to lower water bills, you may qualify for a tax credit when you have one installed in your home. Tax credits may be available on both the state and federal levels.
Tankless Water Heaters Are Relatively Small and Light
A tankless water heater is roughly the size of the medicine cabinet that is currently in your bathroom. In most cases, they are mounted on a wall in your basement or any other convenient location. Depending on the configuration of your home, it may be possible to install your new water heater outdoors. The folks at Gallagher's Plumbing, Heating and Air Conditioning in Sacramento, CA, can install this product for you, and one of our technicians may also be able to install or repair central air or furnace components.
Reclaim Your Garage or Basement
Generally speaking, traditional water heaters take up a significant amount of space and need to be installed in specific locations. Therefore, you may have to pass on finishing your basement or using your garage as an office or home gym. However, by installing a tankless water heater, you give yourself the opportunity to make your home as functional as possible. Even if you don’t finish your basement or convert your garage, the extra space can still be used to store tools, paint or other materials safely.
Create a Luxury Bathroom Space
Installing a new water heater in your home may provide you with the motivation to create the bathroom that you have always wanted. For instance, you may want to splurge on a larger tub, heated floors or other amenities that make the space one of the main attractions of the property.
Tankless Products Are Designed to Last for Multiple Decades
Assuming that it is properly maintained, your tankless water heater can last for up to 20 years or longer. For comparison sake, the average useful life of a typical water heater is about 10 to 13 years. In many cases, the tankless product that you’re looking to purchase and have installed in your home may be the only one that you’ll ever have. Since they have such a long useful life, a tankless water heater may be ideal for a vacation or rental property.
Your Home Will Likely Be Easier to Maintain
It is generally recommended that you check the relief valve and flush a traditional water heater every six months or so. If you have a tankless water heater, you may be able to get away with flushing it every year or two on average. Flushing a water heater helps to get rid of mineral and other deposits that accumulate over time. In most cases, your new tankless water heater will come with a warranty, which means that you’re protected financially if any repairs do need to be made. We can also help with any routine maintenance needs that you may have.
Tankless Heaters Typically Require a Greater Upfront Investment
During the course of its useful life, a tankless water heater is typically more affordable than a traditional water heater. However, tankless products are generally more expensive to purchase and install. You may spend up to $3,500 or more to buy and install a tankless water heater product. A traditional water heater costs up to $1,500 or more to buy and install.
Will You Use Gas or Electric Power?
Generally speaking, electric water heaters are ideal for homes that don’t use a lot of water. They can also be ideal if you live in a part of the city where the groundwater is already relatively warm. However, if you need to run multiple appliances at the same time on a regular basis, it is typically a good idea to opt for a gas product.
It is also a good idea to consider the price of gas compared to the price of electricity when deciding how to power your tankless water heater. Typically, gas costs less than electricity, which means that a gas heater is more affordable in the long run. Your utility provider may also be willing to provide credits or other discounts if you switch from electricity to gas power.
You May Increase the Value of Your Home
Putting a new tankless water heater in your home may help to improve its value. This is because a prospective buyer will appreciate the fact that he or she won’t have to worry about an important component malfunctioning for the first several years after acquiring the home.
If moving your current water heater allows you to finish your basement, it will likely add to the square footage of the property. The same may be true if you are able to convert your garage into a gym or something other than just a place to put your car.
At Gallagher's Plumbing, Heating and Air Conditioning, we can do more than install a water heater or maintain a furnace in your Sacramento home. We will also be happy to clean your home’s ducts, do an indoor air quality assessment or install ductless HVAC components. If you are interested in learning more about how we can help you, give us a call today!