With fast advancements in leisure technologies, companies are focusing on creating compact devices that offer the same functionality as their larger counterparts. Several inventions for home appliances have made the lives of people significantly easier in the past couple of decades. Water heaters are a classic example of one such device that saves time, money and energy. The conventional design of the device has been revamped several times in the last century.
The latest generation of water heaters no longer requires a fixed tank like structure to heat the water. This tankless design is quickly gaining popularity. The big question here is that, do you actually need to invest in such a water heater?
Benefits of Tankless Water Heaters
The critical benefits offered by a tankless water heater include:
- Space-Saving – This heater can help you save a lot of space in your house given that you can install it in a place with easy access.
- Energy-Saving – The cost of operating this device is nearly 30 to 50% less than the cost of operating a conventional water heater.
Is it an Unnecessary Luxury?
Just like the other modern and sustainable technologies, a tankless water heater reaps return only in the long run. Therefore, the use of such a heater depends on how well you maintain the device.
- An Investment for the Long Run – This investment is valid if you are planning on using the same tankless water heater for a long period, that is, at least 5 to 10 years.
- Good Maintenance – You also need to invest small amounts of time as well as money on a regular basis into the maintenance of this costly device so that it operates at the maximum efficiency.
- Single-Faucet Operation – A tankless water heater can supply hot water to only one faucet/showerhead at a time. Therefore, you need to install multiple devices for the supply of hot water to different bathrooms in the house.
All these benefits come at a cost. You need to pay a huge upfront cost before creating a position for yourself wherein you can avail these benefits. The cost of installation, as well as the device itself, is significantly larger than the cost of a conventional water heater system mainly because of its special venting requirements and complicated electrical circuitry in a compact design.
Who Should Buy It?
So, how should one decide upon the correct parameters for the trade-offs between set up fee and regular use? The main parameter for this trade-off decision is the number of hours per year that you will use the device for.
If you live in a tropical country, you might not want to invest in a costly water heater that needs to function for only one or two months every year. However, if you are no stranger to a cold weather for a significant part of the year, buying a tankless water heater from a reputable supplier, like tanklesswaterheaterworld.com, might actually be a good idea.
Calculating return on investment using this parameter beforehand will let you make a sound financial decision for buying this costly technology.