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Is a Tankless Water Heater Worth the Investment?

Hot water is used in homes throughout the area for a variety of tasks. When you wash your face in the morning and do the dishes after dinner, you are relying upon your hot water heater to provide you with a reliable, efficient performance. Because we depend upon our water heaters so very much, it only makes sense to take the time necessary for determining what type of water heater best suits our individuals needs. For some homeowners, a tankless water heater in Everett, WA is an obvious choice. For others, though, certain aspects of a tankless water heater may give them pause. Consider the following information, and let us know if you have any questions regarding the water heaters available to you.

Cost

The cost of a tankless water heater is going to be much more than that of a tank water heater. While many homeowners will look at this as being a worthwhile investment, there are certain instances in which the cost just may not be justified. If you cannot comfortably afford the upfront cost, obviously, you may not want to strain yourself financially just to purchase a new water heater. If you are not planning on being in your home for much longer, too, you may not want to invest in a system that will take a substantial amount of time to pay for itself.

Efficiency

The main selling point of the tankless water heater is its efficiency level. Yes, tankless water heaters do eliminate the risk of standby energy loss, in which heat from the water within a tank will transfer out of that tank into the air surrounding it. Again, though, the energy savings that you’ll enjoy from your tankless water heater are going to take quite a while to truly offset the initial cost of your system. It is up to you to decide if it’s worth the wait.

Longevity

If you are going to be in your home for the forseeable future, and you don’t mind making a long-term investment, then you will likely be intrigued by the longevity that tankless water heaters boast. These systems can last 20-25 years, much more than their tanked counterparts. Let us know if you have any further questions.

 

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