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Anyone taking a step to improve the energy efficiency in their home is taking a step in the right direction. It has various personal benefits like reduced electric and gas bills. It also contributes to the environment. Also, it’s a fact that when you decide to improve efficiency through energy-rate appliances, it means working through a big budget. Most of these appliances are a significant upfront investment, especially when compared with their energy-wasting model.
The same is the case with tankless water heaters in Pantego, TX. So is it worthwhile to switch to tankless water heaters if I want to save money in the long run? This is a common question that may pop in your head. Also, you may be worried about the cost of electric and gas tankless water heaters to ensure you have the budget to go about it. If these are the answers you are looking for, keep reading!
How a Tankless Water Heater Can Help You Save Money
You can’t deny that the initial cost of installing tankless water heaters in Pantego, TX, can be more than the double of the conventional water heaters. So how can they help save money?
Well, despite the upfront purchasing cost, the running expenses of a tankless water heater can be much lower in the long run. But before we jump to that conclusion right away, you must check out a detailed comparison between traditional and tankless water heaters in Pantego, TX.
Key Differences between Traditional and Tankless Water Heaters
Most of us are already aware of how a traditional water heater works. The water is stored in the tank and kept at a constant heated temperature. When the hot water from the tank is used, the regular water fills up the tank and mixes with the stored hot water. Naturally, the temperature of the water keeps dropping at a constant pace. If you use too much water, you can even run out of the stored hot water inside the tank.
On the other hand, as the name suggests, tankless models do not include any tank in the first place. It directly pulls the water and heats it through, probably giving you an endless supply of hot water without a drop in the temperature.
Tankless water heaters in Pantego, TX, is practical and highly versatile and can practically be adjusted anywhere due to its compact size and functional design. Unlike the bulky traditional models, tankless water heaters can free up space in closets and garages.
Can You Install a Tankless Water Heater in Your Home?
This is a crucial consideration before you go on and invest in tankless water heaters in Pantego, TX. Not every home has the required electrical capacity to install this new-tech water heating equipment. As per the guidelines, a household with the electrical capacity of at least 200 amps should be enough to fit a unit sized that is perfect for a small family of four.
For larger families and more usage, the electrical capacity of 300 amps will work correctly to install tankless water heaters in Pantego, TX. You must also take the climatic condition of your region into account. In colder climates, it is best to have an extended range of electricity coming in at the main breaker to fulfill your water heating requirements.
In case you are not sure about your current power supply, get in touch with your power company, and learn more about the transformers and their handling capacity.
What About Gas Tankless Heaters?
You can opt for gas-based tankless water heaters in Pantego, TX. While they are considered much cheaper to operate as compared to electric-based tankless water heaters, they are even more expensive to purchase in the first place.
Also, to install one, you must have an external vent inside your home. Most gas units will require a vent to locate correctly. In case you pick a ventless model, you may have to pay an even higher purchase price.
However, if you can adjust your budget to purchase, you can make up for the higher purchase price by the lower cost of gas that you will be required to pay in the long run. Also, since there are no electrical capacity requirements, you can get any water heater size as per your need.
As an added benefit, you can enjoy hot water in the chilly weather even without power.
The Purchase and Running Cost of a Tankless Water Heater
Depending on the model you pick, tankless water heaters in Pantego, TX, can range between $300 and $1200. In addition to the benefits it offers, the complexity of tankless water heaters cannot be ignored. Of course, these models come with more electronics, options, and flexibilities.
Also, you must take into account the installation cost of a tankless water heating model. Again, the size and the model you chose will determine the value of the installation. This will also range somewhere between $300 and $1600 and even more in some cases where additional material needs to be installed.
You will also need additional wiring because the existing installation of your traditional model will be useless for electric tankless water heaters in Pantego, TX. Your wiring needs will be dependent on the elements your tankless unit has. While you are expected to pay much more for the high-tech water heating system, the corresponding price will be taken care of by the long-term energy savings you are guaranteed to make.
How Much Money Can I Save?
There’s no final calculation for this, but according to estimation carried out in the Consumer Reports by Energy Star, you can expect to save around $100 or more per year.
Savings associated with the tankless water heaters in Pantego, TX, will also depend on the water usage of your family. For larger families, the savings can be much more as compared to smaller families using less water.
All in all, it can be a worthy investment if you made the right decision and chose a model and size as per your need. The key is to look for an installation company that offers you the most reasonable rates and gets the job done with efficiency. We at Benjamin Franklin Plumbing in Fort Worth/Arlington will not only provide you the best installation prices but can also guide you about the best tankless water heaters in Pantego, TX, based on your individual needs. Call us now for all your home service, installation, and repair needs.