Should You Go Tankless In Your Home?

Do you want to save money on your power bills? Water heating consumes around 17% of your home’s energy, ranking it second only to your heating and cooling system in terms of utility expenses.
If you’re in the market for a new water heater, skipping the tank and opting for a tankless water heater this time around may be the best option for energy savings. Learn more about tankless vs. regular water heaters to see whether this is the correct solution for your house.

WHAT IS THE FUNCTION OF A TANKLESS WATER HEATER?

Tankless water heaters, also known as on-demand water heaters, heat water only when it is required. This is in contrast to a standard storage tank, which maintains 60 to 100 gallons of hot water on standby at all times.
When you turn on a hot water faucet, a strong gas-fired burner or electric unit goes on. It warms the water as it runs towards the faucet, providing rapid access to hot water anytime you need it—no need to have a steady supply on hand.

ADVANTAGES OF A TANKLESS WATER HEATER

If you’ve never lived in a home with a tankless water heater, you may be wondering what all the fuss is about. The following are the primary advantages of tankless water heaters that make them a popular choice among homes today:
⦁ Lowering your energy bills
⦁ Infinite hot water
⦁ Increased life expectancy
⦁ The installation footprint is less.
⦁ Flooding risk has been reduced.

WHAT TYPE OF WATER HEATER IS BEST FOR MY HOME?

If any of the following things are true, a tankless water heater might be a great choice:
My household does not use a lot of hot water. The less water you use, the more money you will save by becoming tankless. Homes that use 40 gallons or less of hot water per day save 24%-34% compared to traditional water heating. Even if you consume more than double that amount, you may save 8%-14% on your water heating expenditures.
I would rather have limitless hot water than a high flow rate. Tankless water heaters may only provide two to five litres of hot water per minute. Traditional water heaters may have a flow rate that is two to three times greater, allowing for many hot water activities to take place at the same time. Consider installing low-flow plumbing fittings or many point-of-use tankless units instead of a single whole-house unit to address this limitation of tankless technology.
I don’t intend to relocate anytime soon. Tankless water heaters are more expensive initially than standard tanks, but they save money on electricity and last twice as long. As a consequence, you’ll likely break even on your investment years before it has to be replaced. Of course, the only way to get the most of this is to stay in your existing house for an extended period of time.
My house is lacking in storage space. Storage water heaters are around 60 inches tall and 24 inches in diameter, using valuable storage space. Tankless units are roughly the size of carry-on baggage, being around 20 inches wide by 28 inches tall by 10 inches deep. Furthermore, the device attaches to the wall, lifting it off the floor. If you live in a compact condo or townhouse, the size difference may be an added bonus to the advantages of a tankless water heater.

SCHEDULE A CONSULTATION FOR A TANKLESS WATER HEATER

SWR Plumbing’s specialists can advise you on whether tankless water heater installation is best for you. We’ll analyse everything, including your family’s size and hot water demand, installation constraints, and the payback period of switching tankless. With all of this knowledge, you can make the greatest choice for your Melbourne house.
To receive a water heater installation quotation, please contact us online or call 1800 255 372 immediately.