What are the benefits of a tankless water heater over a tank water heater?

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Home / What are the benefits of a tankless water heater?

I have heard a lot about tankless water heaters lately. What are the benefits of a tankless water heater over a tank water heater?

By Karen Rhodes

Do mornings at your house include a race for the first shower, thanks to a limited supply of hot water? Are you concerned about wasting energy—and money—to heat and reheat a tank of water even when you’re not home?

If you said yes, you’ll definitely want to look into tankless water heaters, which heat your water only when you need it and keep it coming for as long as you want. Because the pilot light doesn’t stay on 24 hours a day, you could see a monthly energy-bill savings of up to 70 percent. Some systems can earn you a federal tax credit. What’s more, some models, like the Rinnai Continuum by PSNC Energy, let you set different temperatures for various points around the house, which helps keep young children and the elderly safe from scalds.

Conventional tank heaters generally need to be replaced after about a decade, but “the average life of a Rinnai tankless water heater is 20-plus years,” said Brent Beam, senior appliance sales representative with PSNC Energy. A tankless system costs more to purchase and install than a conventional, but between its shelf life and the money it will save you on a monthly basis, it’s actually cheaper in the long run.

“Initially, you’re going to pay more off the top,” said Beam, “but the payback over that period of time more than pays for the unit. If you’re paying to have a Rinnai put in, it’ll pay for itself in eight years.” Tankless systems are space-saving, too, and can be installed just about anywhere, including the exterior of your home or even indoors.

Visit www.psncenergy.com for more information.