While you’re sheltering in place during the current COVID-19 outbreak, the utilities at your home are being used day in and day out. The added pressure on your fixtures might drive up your monthly bills and increase your financial burden.
In these circumstances, if you plan on getting a new water heater, opt for a tankless water heater. It conserves energy and is cost-efficient—basically, it’s a one-stop-solution to your energy bill woes!
Let’s delve into the advantages of buying a tankless water heater during these economically challenging times.
If the spike in your energy bills is bothering you during the current pandemic, tankless water heaters are here to save big bucks. They’re cost-effective and energy-efficient due to their ability to heat water on demand. While storage water heaters heat relatively more water and keep it stored, tankless water heaters reduce the energy loss associated with conventional water heaters by heating only the required amount of water.
Return on investment
Tankless water heaters are more expensive than their conventional counterparts. However, according to an estimate, these fixtures come with a federal tax rebate of approximately $300. This means that if you purchase a tankless water heater this year, you can get the credit on the return you file next year. Hence, tankless water heaters offer an excellent return on investment.
Traditional storage water heaters last for around ten years, while tankless units can function efficiently for more than double that time. You may be tempted to buy a conventional unit due to its low cost; however, if you do the math and add the installation and repair costs, you’d see that buying a tankless water heater offers better value as compared to its conventional counterpart.
Tankless water heaters take no more than 2 to 3 minutes to heat water. This can help you save the precious water that you run before getting warm water in the shower every morning. Furthermore, the water-conserving nature of these fixtures can also reduce your water bills and save money.
No water damage
No tank, no-spill; this simple rule can save your home from detrimental water damages. During the current pandemic, when most businesses aren’t operating, dealing with a flooded home can become quite challenging. But a tankless water heater can ensure that you don’t face any water heater leakages due to its tankless nature.
If you’re looking for reliable plumbing services in Reno, reach out to us at Johnson Plumbing. We offer 24/7 residential and industrial plumbing services in the area. Call us at 775-204-7780 for more information!