Understanding the Ways That a Tankless Water Heater Can Save You Money

To be sure, a tankless water heater provides many benefits that you can enjoy. They include instant and long-lasting hot water as well as a smaller profile that takes up less space in your utility room. At the end of the day, however, the practicality of a tankless water heater in Concord, CA, comes down to price. Here are a few ways that a tankless water heater can help to save you money.

No Tank to Heat

Though some tankless water heaters do keep a small amount of water in reserve, it’s nothing compared to the 40-plus gallons that a traditional water heater has to keep warm. Since the water is heated instantly by your tankless water heater in Concord, CA, there’s no need to use energy to keep a large volume of water at the desired temperature even when the heater is not in use. This lack of unnecessary heating will save you money on your gas bill.

No Water to Waste

A common problem you can run into with a traditional water heater is that it begins to leak over time. If left unchecked, leaks can waste a large volume of water, greatly increasing your water bill in the process. Since a tankless water heater doesn’t actually store the water, leaks are relatively uncommon, so you can keep the water in the pipes where it belongs.

Longer Lasting

Even the best traditional water heaters have a limited lifespan due to how they heat and store water. Constant exposure to high heat and pressure, not to mention large quantities of potentially corrosive water, can wreak havoc on traditional water heaters. Tankless water heaters, however, don’t have these issues, meaning they can last up to twice as long as traditional units. Thus, even if you invest more up-front when you install a tankless water heater, that investment will be spread across many more years, putting you ahead in the long run.

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