Ask a homeowner what they think their biggest energy expense is and they’ll likely tell you it’s home heating. But the fact is, it’s water heating that can represent as much as 30% of energy bills, or even more.
When you consider that between bathing and showering, washing dishes, laundry, cleaning and other tasks, the typical American household is paying to heat between 60- to 65-gallons of hot water a day, compared to home heating, which, in our area, is only three or four months at most. It makes sense to look for peak efficiency when it comes to heating water!
While any new water heater will be more efficient than older technology, for super-high efficiency and savings, you should also weigh your options and consider going tankless.
Tankless propane water heaters—also known as on-demand water heaters—instantly heat water when you need it, rather than keeping a large tank hot all the time.
Since tankless or on-demand water heaters are more expensive, we often get asked if they’re worth the investment. There are pros and cons to any type of water heater, and there’s no one-size-fits all solution. Here’s helpful information to help you decide if a tankless water heater is right for you:
A traditional tank-style water heater is less expensive to replace but costs a lot more to run. And it can’t really deliver enough hot water for more than two or three showers in a row, assuming no one is washing dishes or using hot water for anything else.
If your home has a basement, space may not be an issue. But if you don’t have a basement, that big tank uses a lot of valuable real estate in your home. Imagine what you could do with that closet space!
Generally, tankless water heater uses less energy than a conventional water heater, which translates into annual savings of $25 to $100, depending on usage. If your hot water use is higher than average, a tankless water heater is only 8% to 14% more efficient than a storage-type water heater. But installing small in-demand unit at each hot-water faucet will yield energy savings of up to 50%.
Further, the Tennessee Propane Gas Association offers a $250 rebate when you add or replace a propane tankless water heater. And Admiral Propane can help you take advantage of rebates of up to $100 from Rinnai on qualifying tankless water heaters, as well as other rebates and tax credits!
Ready to learn more about the benefits of a tankless water heater for your Tri-Cities home? The pros at Admiral Propane can help you choose the best option for your needs and install it correctly, while providing routine maintenance and repairs.
Enjoy energy efficiency and all the hot water you need with a new water heater! Contact us today to get started.