How Much You Could Save with a Tankless Water Heater

Tankless water systems are available from major water heater repair & replacement contractors and are touted as a great way to reduce your household energy costs. Tankless systems are strongly recommended for families of 3 or fewer by the energy conservation branch of the EPA and will save power for larger families as well if certain criteria are met. To give you a little insight into how much you could save, it may help to take a closer look at how a tankless system conserves power and water.

Gas On-Demand Water Heaters

Gas-powered tankless systems installed by licensed water heater repair & replacement technicians have the potential to provide the most benefits. The reason for the additional savings is that it takes time for hot water to be delivered from a traditional system, and that time literally money down the drain when you have to wait for the water to get hot before washing or showering,

Electric Tankless Systems

Electric heating systems take a little longer to deliver a steady flow of hot water, but they still provide a much faster, more economical delivery than traditional tanked systems. With any tankless system, your savings will depend on the size of the plumbing system, the number of people in your family, and the amount of demand there will be from devices such as clothes or dishwashers. 

Tankless Systems and Solar Support

Not all solar water heaters use a continuous flow system, and even the best solar heaters can’t do much at night or during cloudy days. You can offset the shortcomings of a solar water heater with a tankless heating system to get the best results. The solar system provides instant delivery during sunlit hours, supplemented when water flow begins, and during the night or cloudy periods by the tankless system that is always monitoring the water temperature.

Usage and Savings

The amount you can save using a tankless water heater varies from home to home. In general, the savings will range between $70 and over $100 annually, based on usage of around 41 gallons per day in a family of 4. Larger families or situations where hot water is being used more frequently, Will reduce the savings, and smaller family groups will save more. Similarly, large families may want to install more than one tankless system to keep the hot water flowing throughout the house as it is needed.

Tankless water heaters add value to the home and offer savings for the homeowner. They make it possible to begin showering right away instead of waiting for the heat to travel through the home’s plumbing, resulting in using less water and energy to heat the water left in the pipes when the shower is done. It is difficult to offer exact savings amounts on using tankless systems, but every family will realize savings proportionate to their water usage.