Home and water heating accounts for nearly half of most homes’ energy bills. Replacing a conventional HVAC system with a heat pump may lower your home heating costs. Using a tankless water heater may do the same for your water heating needs. To help you determine whether this is right for your property, here’s all you need to know about this option.

What Are Tankless Water Heaters?

As their name implies, they do not come with bulky storage tanks. They are also known as on-demand heaters since they provide hot water only as necessary. Without the tanks, they directly warm the water as it slowly passes through the piping.

Typically, it takes some time before hot water starts flowing from the fixtures. Gas-powered heaters in particular only fire up when they sense water flow, slowing the current slightly to begin heating it.

There are several types of tankless water heaters available. You can pair them with boilers or heat pumps for added warmth. Combi-boilers, for example, provide home and water heating without sacrificing energy efficiency. For a lower-priced option, choose between a whole-house or single-point water heater. You can use several single-point units throughout your property.

What Are Their Benefits?

Like heat pumps, tankless water heaters are highly efficient. Below are a few more advantages of investing in them.

• Reduced energy consumption: Since they only warm water as needed, tankless heaters do not consume as much energy as many other types of equipment. 

• Less space occupied: They are also relatively small, so you can fit them in small rooms. They won’t draw too much attention, either.

• Longer lifespan: Most tankless heaters outlive their conventional counterparts. Because models with tanks have many components, they last around 10 to 15 years. By comparison, tankless options last around 20 years. This will save you money on replacement and repairs. 

Ready to make the switch to a tankless water heater and save more energy? Turn to the HVAC professionals at Duncklee Cooling & Heating, Inc. Based in Stonington, CT, they’ve provided top-notch services for air conditioners, furnaces, and heat pumps for over 44 years. They also serve homeowners in New London and Washington counties, RI. Call (860) 535-2552 to schedule an appointment or visit their website to learn more about tankless heaters.