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Tankless Hot Water Heaters, Efficient, Effective, Endless.
Posts tagged Renting
Why does everyone rent water heaters in Ontario?
Jan 22nd
No other province rents hot water tanks so why does everyone here in Ontario?
It is a strange province we live in. No one rents their furnace, air conditioner, fridge, stove, washer or dryer. So why do we rent water heaters?
Ontario is in a transitional phase right now as old tank type water heaters are being replaced with the new, technologically enhanced, tankless water heaters. A tankless is well over 90% efficient and heats water on demand, significantly reducing your energy consumption (and energy bills).
With this new transition it’s time for Ontario residents to start owning verses renting their water heater…. here’s why now is the right time to start owning.
- A tankless has a much longer lifespan than a regular tank, so you save money.
- Tankless systems typically cost more so the rental fees can be more than double
- Rental water heater companies don’t care about efficiency, why would they? You’re the one paying the bill.
- The Government is offering free rebates to offset some of the additional costs of a tankless.
- It will cost you significantly less to own than to it will to continue renting a water heater.
Tankless Math Breakdown – Renting a Tankless Vs Owning a Tankless
Rental Tankless
Monthly Rental Fee - $39.95 plus taxes
Lifespan of 20+ years – 39.95 x 12 x 20 = $9588 plus taxes to rent a tankless.
Owned Tankless
Purchase and Installation Cost – $2400 – $4000 (not including government rebates)
Lifespan of 20+ years – these systems have exceptionally long warranties so you’re likely to get an easy 20 or more years of reliable service.
Conclusion
None of the other appliances are rented in our homes what baffles us so much to assume that a water heater needs to be? Renting a regular water heater verses owning will cost homeowners more than double. It’s time to get out of these ridiculous 10 year contracts and get back to simply owning your water heater and saving money. Technology is revolutionizing water heating systems don’t get locked into a lengthy contract call or email today and see how cheap owning a tankless can be.
We offer free site inspections to provide you with an exact price and to ensure a tankless can be installed in your home.
Call Toll Free 1-855-OWN TANK (696-8265)
Or send us a quick message through the automated form below.
Rental or Leasing Tankless
Nov 8th
Tankless Technology
Tankless water heaters use the latest in electronics and gas burning technology to provide an endless supply of hot water. Heating water only when it’s needed provides energy savings not found with conventional storage tanks water heaters.
How Expensive?
This new technology is more expensive than conventional tanks and can prohibitive for home owners to purchase. You should know that there are options available to ease this transition. Renting or leasing a tankless can help you overcome the cost barrier and there is still the option to purchase the unit at the end of 10 years (the length of most contracts).
Rental Tankless
You are still eligible for rebates and Government incentives when renting a tankless and if anything goes wrong the unit its completely covered while renting. A rental tankless price will fluctuate from home to home as venting and piping requirements are always different…. So just fill out the quick form below and find out for free how much you can save.
Renting a Tankless Water Heater
Mar 9th
Renting a Tankless Water Heater
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For a lot of people in Ontario renting your water heater is something you have always done, the charge is roughly between 10$ and 20$ a month. Companies that provide this service (for the most part) 
put in low end tanks so that their return on investment is only a few years. The problem is that low end tanks are energy hogs and consume copious amount of power. The company you rent it off of doesn’t care about efficiency as they are not paying the bills, thus the problem.
Renting a Tankless Water heater is going to be more expensive on a monthly basis but the savings it 
produces more than outweigh the additional cost. Remember a Tankless water heater is the top of the line water heating system, if it’s a Navien (or Navian which is often spelled incorrectly) you will be getting 98% efficiency. A Rinnai will produce great savings with lots of hot water and very reliable service. These units are the best there is for residential hot water demands.
The rental fees are almost identical from all companies that are offering rental tankless systems in Ontario and the greater Toronto area. On average you will be looking at between 32$ and 40$ per month for the rental water heater. You will also be getting the peace of mind that if anything goes wrong the unit will be replace or fixed.
The Tankless Hot Water Guide rents tankless water heaters if you are interested in renting a tankless system please fill out the form below and we will have a representative contact you.
Tankless Rental
Jan 23rd
Renting a Tankless System
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Is a tankless rental the right option?
I hate to get in to this and fuel the recession right now but if money is tight then renting a tankless water heater might be the right thing to do.
A tankless rental works out to be a cheap investment for your home as as the cost for the unit is fixed every
month and the amount of natural gas, propane or even electricity consumed is reduced significantly. On top of that a rental system has the installation cost, and the venting kit built into the rental price. Currently systems are renting from around 35 to 50 dollars per month. The price does vary according to the size of the unit required for the house. If you live in a 4000 sq foot home you will need a larger tankless than a 2000 sq foot duplex. Is renting a tankless the right option for you? This is really up to your financial situation, the cost of outright purchasing a system is between $1500 and $3500, renting might work out more cost effective in many cases.
If you are interested in finding out more about a tankless rental systems please fill out the form and we will have someone contact you within 1 business day to discuss your options.
