Water HeaterAre Tankless Water Heaters Worth the Investment?

If you are planning on replacing your water heater any time soon, or if you need to have one installed in a brand new home, then you’ve likely come across the tankless water heater when reviewing your options. There are many reasons to consider the use of a tankless water heater, but the fact of the matter is that they tend to be much more expensive than tank water heaters generally are. For this reason, you may be wondering if it is worth investing in a tankless water heater in Everett, WA. The answer is: maybe. Read the following information and contact G & S Heating Cooling & Electric to schedule all of your water heater services. 

Initial Investment

While the exact price of a water heater will vary depending upon factors such as make, model and efficiency ratings, you can expect the price tag of a tankless water heater to be heftier than a tank system. Now, the fact that tankless water heaters do not suffer any standby energy loss, in which heat from the water stored in a tank transfers through that tank to the air surrounding it, does mean that they can operate more efficiently than many tank systems. This can help to save money over time. However, it can take quite a while for the energy savings of using a tankless water heater to offset the initial investment, depending upon the price of the given system. Therefore, you may want to reconsider using a tankless system for this purpose if you are not planning to be in your home for some time to come.

Other Considerations

If you are still thinking about using a tankless water heater in your home, then you should definitely also consider some of the other positives that they offer. While more expensive, they do also have longer lifespans than tank models. Tankless water heaters are also quite compact, making them great for homes short on storage space. Ultimately, choosing a new water heater is up to the homeowner. The professionals on our staff, though, are happy to offer their guidance throughout the system selection process.

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