When you buy a home, you're probably thinking about making some upgrades and modernizations. And among these early home ownership tasks on your list should be replacing your water heater with a modern tankless version. Here are 4 reasons why.
Your Unit Is Likely Aging. Water heaters with tanks don't last particularly long or hold up well to a lot of use. You may find that your unit has a lifespan of less than a decade before it needs to be replaced. So, unless the home seller has provided verifiable documentation that your water heater is new, it's best to err on the side of caution before it causes water damage in the house you just bought. Tankless water heaters have an advantage over traditional tanks in that they don't have to be installed inside the house, and so you won't have the same worry with your new unit.
You Can Use the Space. Traditional water heaters need space that you could be using for other things. Because tankless units are small and more easily portable, you're not stuck losing an entire closet, utility room, or part of your basement. As you're assessing how you will set up your new home and any renovations you want to do, this is the time to make adjustments and recapture that lost space.
You'll Save Money. Most likely, you've just taken on new expenses when you bought a house...especially if you were renting before or you're making a home upgrade. This means that your budget could really benefit from a big reduction in utility costs. Tankless water heaters can save you money your electricity costs for heating the water in the home. This is money that you can put away to help make your household more ready for emergencies. You may even qualify for federal tax credits due to the energy-efficient nature of the unit.
You'll Enjoy Better Hot Water. Because tankless systems use a different method for heating water, you don't have to wait for the water heater to refill when you run out of hot water. For a large and busy family, this can make a huge difference when it comes to doing multiple activities—such as showering, laundry, and cooking—simultaneously or right after each other. And because the water isn't sitting in a deteriorating tank, you'll get cleaner water for years to come.
It's clear that installing a tankless water heater is a good investment for new homeowners. While it may add some upfront cost, the benefits will quickly help you recoup your money and enjoy your new home even more. Contact a tankless water heater installation professional for more information.