There are many home improvement projects that you may consider to save money in the long run. One of the simpler and cost-effective renovation projects to plan for is replacing your old water heater. Not only will this project pay for itself in the long run, it is also better for the environment. Hugs Construction, your trusted Los Angeles contractor, explains the pros and cons of a tankless water heater.
What is a Tankless Water Heater?
As explained in another one of our posts, Valley Village Remodeling Can Help Save Money on Utility Bills, “traditional water heaters store a reserve of water, and heat it continuously so that when you require hot water, it’s ready for you… [tankless water] heaters heat only the amount of water being used at a time. Cold water travels through the pipes, and then is warmed by a burner or electricity.”
The Pros of Installing a Tankless Water Heater
1. Save Money – Tankless water heaters save you money on every single electricity bill. Since water does not have to be continuously reheated as in traditional water tanks, electricity is not used as much. Around 30% of the total energy costs that your family incurs each year results from keeping this instant hot water supply ready to go when you need it,” claims the Faucet Depot.
2. Be More Eco-Friendly – By having your Los Angeles contractor install a tankless water heater, you can contribute your part to help our environment by saving electricity from repeated heating costs of traditional water tanks. Furthermore, the electric models do not produce greenhouse gasses, which is also good for our planet. Tankless water heaters are “24%–34% more energy efficient than conventional storage tank water heaters,” states the Dept. of Energy. Faucet Depot claims that “if every household in the U.S. made the switch to environmentally friendly tankless water heaters it would reduce annual greenhouse gas emission by up to 150 million tons, saving the equivalent of 300 million barrels of oil per year.”
3. Never Run Out of Hot Water – Traditional water heaters have a reserve of water which is heated in advance for your use. If you have a household with many people, or if you use a lot of water at a time, this can be a problem. For example, if you want to run the dishwasher, do a load of laundry, and take a hot shower, you may end up taking a cold shower, instead, as your reserve of hot water may have run out. With a tankless water heater that your Los Angeles contractor can install, this will never be an issue. Since water that you use gets heated instantly, you will have enough water for all of your needs.
The Cons of Installing a Tankless Water Heater
1. More Expensive – Although a tankless water heater will ultimately pay for itself with money you will save each month on your water bill, initially, it will be more expensive. These heaters can often cost up to two to three times more than traditional water heaters. A tank water heater starts at $300-400, while a tankless one retails for $1,000 or more. However, you can always ask your Los Angeles contractor if he or she can get a discount for you with merchants he may deal with, or wait for a sale.
2. More Water Waste – Although tankless water heaters save you on energy and heating costs, they may end up using more water. Since water is not previously heated, but gets heated instantly when you turn on the hot water faucet, it may take longer for your water to become hot. Therefore, if you are waiting to wash your face with warm water, you may have to run the water for some time before it gets heated.
Hugs Construction has over 20 years of experience and is a full service construction company in the San Fernando Valley and surrounding Los Angeles area. We work on projects of all sizes, such as kitchen and bath remodeling, wiring and electric work, soundproofing, installing windows and doors, specialty projects and new constructions.
We pride ourselves on utilizing green products to sustain the environment. We strive to maintain high customer satisfaction with every job, making sure that our work lasts for many years to come.
To get a quote for your home renovation, contact us.