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Are Tankless Water Heaters Worth It?

Written on: September 14, 2020

Tankless Water Heaters new york

10 Pros and Cons

Are you looking to replace the water heater in your Hudson Valley home? Perhaps you’re ready to make an upgrade. Or, unfortunately, a water heater failure has forced your hand.

As you have been shopping around, you have likely come across tankless water heaters and wondered if they’re really worth the hype. We’re here to go over the pros and cons with you so you can make an informed decision on your next water heater.

8 pros of tankless water heaters

Endless hot water, on-demand. No more waiting to take a shower after someone else just finished theirs. When you need hot water, you have it. And you’ll have enough to not only take a shower but do a load of warm- or hot-water laundry!

Energy and money savings. When you have a conventional water heater with a tank, it heats and reheats the same water over and over again when no one is using it, so it will be hot and ready to use when you need hot water. Tankless water heaters only heat the water when you need it. You can save 40% or more on your water heating energy costs!

More placement options. Tankless water heaters provide a huge benefit for homes with limited space and/or no basement. They are usually mounted to the wall and take up much less space compared to conventional water heaters.

Longer lifespan. Tankless water heaters last on average at least 20 years. Conventional water heaters have a lifespan of 8 to 12 years.

No tank. When a water heater tank fails, it can create a lot of damage in your home.

Improved home value. A tankless water heater will improve your Home Energy Rating System (HERS) and LEED scores. It will likely make your home worth more if you plan to sell it.

Better for large families and high-volume hot water use. The on-demand part of tankless water heaters are great when you have a lot of demand. You can also install multiple tankless water heaters in your home for even better efficient hot water delivery.

Environmentally friendly. One of the best things we can do for the environment is reduce our energy use. Because tankless water heaters use so much less energy than conventional water heaters, you’ll be reducing your environmental footprint.

2 Pros of conventional water heaters

Lower upfront costs.  If you are replacing a conventional water heater, another conventional water heater costs less to purchase and install, could be a better choice.

May be better for single people or couples. If you don’t use a lot of hot water at once, like showering and running the dishwasher at the same time, a conventional water heater will do the job just fine.

Kimlin Energy sells, installs, repairs, and maintains both tankless water heaters and conventional water heaters with a tank. Our service technicians are knowledgeable, experienced, and courteous.

Ready to upgrade to a tankless water heater? Contact us today to get started!