According to industry experts and market trends, there has been a significant increase in demand for residential tankless water heaters over the past few years, as homeowners look for ways to reduce energy consumption and save money on their monthly utility bills. Tankless water heaters operate differently than traditional storage water heaters, which can store and heat large amounts of water, resulting in costly standby heat losses.
Tankless water heaters, on the other hand, only heat water when necessary, providing an efficient and cost-effective solution for heating water in the home. In this blog post, we will explore the benefits of tankless water heaters and why they are becoming increasingly popular among homeowners.
The benefits of tankless water heaters
1. Energy efficiency – Tankless water heaters are highly energy-efficient, as they only heat water when it is needed, avoiding standby heat loss associated with traditional storage water heaters. This can result in significant cost savings on energy bills over the long term.
2. Space-saving – Tankless water heaters are much smaller and more compact than traditional storage water heaters, making them ideal for installation in tight spaces, such as small closets or utility rooms.
3. Longer lifespan – Tankless water heaters have a longer lifespan than traditional storage water heaters, which can last for 10-15 years. Tankless water heaters, on the other hand, can last for up to 20 years or more with proper maintenance.
4. Unlimited hot water supply – With a tankless water heater, homeowners can enjoy an unlimited and continuous supply of hot water, without having to wait for a storage tank to refill after use.
Why 2022 is a great year to upgrade to a tankless water heater
As we move into 2022, there are several reasons why now is a great time to consider upgrading to a tankless water heater in your home. Firstly, tax credits are available to homeowners who install energy-efficient appliances in their homes, including tankless water heaters. This can result in significant cost savings for homeowners who make the switch.
Furthermore, there has been an increase in innovation and technology in the tankless water heater market, resulting in improved efficiency and performance. New features such as Wi-Fi connectivity and smartphone apps now allow homeowners to monitor and control their tankless water heaters from anywhere, making it easier than ever to manage and optimize energy usage.
Lastly, the global pandemic has resulted in many homeowners spending more time at home, resulting in increased demand for on-demand hot water for cooking, cleaning, and bathing. Tankless water heaters provide an effective and efficient solution to this increased demand, ensuring that homeowners never run out of hot water when needed.
In conclusion, tankless water heaters are becoming increasingly popular among homeowners for their energy efficiency, space-saving capabilities, longer lifespan, and unlimited hot water supply. With tax credits available to homeowners for installing energy-efficient appliances, increased technology and innovation in the tankless water heater market, and increased demand for on-demand hot water due to the global pandemic, 2022 is a great year to consider upgrading to a tankless water heater in your home. For more information or to schedule a consultation, contact our plumbing experts at Ace Plumbing Repair at (844) 711-1590 or visit our website at aceplumbingrepair.com.
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