Tankless Purchasing Guide
Guide For Tankless Purchase
Did you know that in your home you are probably paying $60.00 or more per month to simply maintain the heat in a conventional tank type heater? How is this possible? Its simple, your regular tank loses its heat up the flue, or out the chimney, then when the water cools it reheats, and send more money and heat out the chimney. This is occurring even while you’re sleeping or at work.
You likely use most of your hot water in the evenings and morning, do you ever run out? Tankless water heaters are able to overcome these problems. A tankless never runs out of water and can have efficiencies in the high 90’s, you will never run out of hot water in your shower with a tankless.
All of the Earths resources are finite and thus as supplies become scarcer prices will continue to increase, minimizing your consumption reduces your bills. A tankless uses energy only when you ask it to provide hot water, a conventional take keeps water hot even when you’re not there, costing you money. Tankless water heaters will save you more money over their lifespan (20 plus years) than it will cost for the new unit. Plus a Tankless water heater takes up limited amounts of space, is easy to clean, and is easily operated.
Tankless Brand and Venting. With all the different brands available to consumers there is a plethora of venting options to vent the various units. Some tankless water heaters can be vented horizontally and others can vent vertically. The majority of tankless water heaters also have computerized safety devices to protect consumers. Most conventional tanks don’t have these advanced safety features.
Applications and Uses. Some applications of tankless water heaters are: boats, mobile homes, RV’s, and radiant heating systems.
Return on investment. The payback period for tankless water heater is between 3 to 7 years, this is dependent on both energy cost and personal use. If you are a high hot water consumer it will speed up the payback process, if you normally use very little hot water then the payback takes a little longer. Remember though, tankless hot water heaters experience zero standby heat loss and this are much more efficient than conventional tanks.
Energy Audits. Currently the Ontario Government has an incentive program that promotes home energy efficiency. It starts with a home energy audit that assesses the current efficiency of your home, after it is completed a report outlining the current state is sent to the home owner. There is an 18 month period for any renovations to take place; once they are completed a follow up audit is preformed to confirm that all retrofits have been accomplished. At this point grants and incentives are sent from the government to the retrofitted home owner to offset some of the costs.Just installing a tankless water heater qualifies you for $500. Check out the Audit page HERE.
Tankless Lifespan. The expected life of a tankless water heater is roughly 20 years. We have customers who still have their tankless water heaters and it has been in service for more than 20 years. A major reason for this is that tankless water heaters are serviceable, unlike conventional (disposable) tank type water heaters.
Find out more. Tankless water heaters will serve you and your homes hot water needs for years to come with reliable performance. It is important that you size and install them correctly for this type of performance. This is where we at the Tankless Hot Water Guide can help, fill out the contact form and we will contact you to set up a free In Home Consultation. The REP will be able to guide you in your purchase by measuring your water consumption and advising you as to where a tankless can be installed.