Save Money With Tankless Water Heater

With the increasing cost of electricity, many individuals are seeking ways to optimize the energy efficiency of their houses. Installing a tankless water heater or energy-efficient water heater is one of the best ways to do this.

Tankless water heaters don’t store hot water like traditional tank-type models. Instead, they use electricity or gas to heat a coil as needed and then deliver it through pipes to your faucets. This simply means that you don’t have to wait for hot water to be produced before having a shower or cleaning dishes—you can receive it right away, which means you’ll use less energy overall because you’re not waiting for hot water to be produced in the first place.

As per American Council for an Energy-Efficient Economy (ACEEE), “A tankless water heater can save you up to $1,000 over its lifetime.”

But is a tankless water heater really worth the investment? How much can they help you save money?

In this article, we’ll take a look at why you might want to consider switching your water heater now instead of later—and what kind of savings you can expect! Let’s take a look.

What are tankless water heaters?

Before we get into how tankless water heaters may help you save money on your energy bills, let’s go over the fundamentals.

Tankless water heaters, also known as instant hot water heaters. They’re basically an evolution from the old-fashioned tank-style water heaters that have been a mainstay for decades. Instead of storing heated water in a tank, tankless heaters heat it on demand as you need it. This means more efficiency and less energy usage.

Because these systems do not use the storage tank method, they are often more efficient than conventional systems. There is no wait time for the tank to fill up. The water is heated directly from your faucet rather than a separate heating system.

Here is how they work:

-The propane gas or electricity heats up the element inside the unit, which in turn heats up the incoming cold water.

-Once it reaches its set temperature, it shuts off so you don’t waste any extra energy heating up excess water that isn’t being used.

-When you need more hot water, it turns back on again!

What’s the difference between a demand type and a traditional water heater?

The difference between a tankless water heater and a traditional water heater is like the difference between a cow and a bull.

A demand-type or tankless water heater is a water heater that heats up your water when you need it. On the other hand, a traditional water heater is always ready for action, but it’s not very smart—it just sits there, waiting for you to turn on the faucet and make it do something. 

With traditional gas and electric water heaters, you have to wait until the tank is full before you can use the hot water in your home. This means that if you don’t use up all the hot water right away in your house, you’ll have to wait until it’s gone cold before you can get more hot water.

What’s the major difference between the two? Well, for one thing, if you have a traditional water heater and you turn on the shower to take a shower at 5:00 am on a Sunday morning when no one else is home, then you’re going to get cold water. With a tankless water heater, though, when you turn on the shower at 5:00 am on Sunday morning, and no one else is home, your shower will be nice and hot—because only YOU are using it!

With demand-type water heaters, there’s no burner—it’s all electric! The unit uses electricity to heat up the coils in its tank and then pumps hot water out as needed, just like a mini-furnace in your basement. The result is more energy efficiency and lower prices on your utility bills!

Tankless Water Heater Pros and Cons

Now that you know the major difference between a traditional water heater and a tankless water heater, let’s first break down some pros of having a tankless water heater.

Space Saving

These water heaters are space-saving. They are smaller and more compact than traditional water heaters and don’t require much space in your home.

Cost of Tankless Water Heaters

The biggest advantage of tankless water heaters – the best plumbing solutions is their cost efficiency. The initial investment might be a bit higher than that of traditional tank water heaters, but once you purchase one, you won’t have to worry about replacing it for years to come — even decades!

Longer Lifespan

Tankless water heaters have a longer lifespan than conventional tank-style water heaters. 

Water heaters of the conventional type require a minor amount of electricity to preserve the water temperature in the container. Over time, the increased use of electricity to maintain the hotness of stored water results in decreased functional efficiency and, thereby, more frequent maintenance servicing. On the other hand, tankless systems require no electricity to preserve the hot water and can endure longer than a tank system.

Energy Efficiency

Tankless water heaters require less energy than traditional tanked water heaters, saving you money on utility bills. You’ll also reduce the number of greenhouse gases released into the atmosphere by using a tankless water heater instead of a traditional one.


Tankless water heaters offer a lot of convenience for homeowners, such as the ability to take showers at the same time without running out of hot water or having to wait for your faucet or showerhead to warm up before you can use it again after flushing your toilet (which can take up to 20 minutes depending on how old your tankless system is).

Lower Monthly Bills 

Tankless systems also save homeowners money by reducing their monthly bills since they use less energy than traditional models—which means lower monthly payments!

Cons of Tankless Water Heater

If you’re looking to save money on your water heating bills, tankless water heaters are not the answer. While they offer several advantages over traditional, tank-style water heaters, they also have some drawbacks.

Higher initial cost

The biggest disadvantage is their higher initial cost. Tankless Water Heaters are more expensive initially than installing a tanked water heater. You can expect your initial investment to be around $1,000-$2,000 depending on the size unit you need. This is because Tankless Water Heaters use a lot of technology, which is expensive to manufacture and install. However, after the initial investment, Tankless Water Heaters will save you money over time because they use only as much energy as they need at any given time.


You’ll need to regularly clean your tankless water heater, which can be an expensive hassle. In addition, many tankless models require special ventilation systems to work properly and safely, so you’ll need professional tankless water heater and plumbing service in Burbank’s advice before installing one of these systems in your home!

Is a Tankless Water Heater Really the Secret to Savings?

The idea of a tankless water heater sounds like the secret to savings. You’ll never have to worry about running out of hot water again!

But before you get too excited, let’s look at the facts. Is it really the secret to savings?

The money you can save with a tankless water heater will depend on several factors, including the size of your household, your hot water usage, and your energy rates. 

For example, if you have a large household with high hot water usage, a tankless water heater can save you more money than if you have a small household with low hot water usage. 

Additionally, if you live in an area with high energy rates, a tankless water heater can significantly save your monthly energy bill.

Tankless systems also come with an average lifespan of 20 years or more—meaning you’ll be saving money on replacement costs down the road too!

So if you’re looking to reduce your monthly utility bills? Consider switching out your old-fashioned hot water tank for a modern tankless system today!

Is Switching to a Tankless Water Heater Worth It?

The answer is yes, yes, and yes.

The cost of your energy bill is going to go down, and you’ll save money on tankless water heater installation costs and replacement parts. 

According to the National Renewable Energy Laboratory report, opting for a tankless water heater will save up to 30% on your energy bills! That’s because there’s no storage tank requiring electricity or gas to heat up water for you. The flow of cold air through the pipes creates enough heat from friction to keep the water at your desired temperature.

You’ll also be able to take full advantage of the benefits of hot water on demand, like never having to wait for your shower to heat up or have your dishes sit in cold water while you wait for them to warm up.

The average household spends about $1,500 on water heating each year. If you switch to a tankless water heater, that number can be cut in half!

There are several other benefits that may outweigh these costs:

-You’ll never run out of hot water

-You won’t need to wait for your tank to refill before taking a shower or doing laundry

-You can take care of all your guests’ needs at once—no one will have to wait in line for their turn at the sink!

So, If you’re looking to save money, reduce your carbon footprint and make a long-term investment in your health, then switching to a tankless water heater is worth it.

Call A Professional Tankless Water Heater Installation Company to Help You Pick the best!

When it comes to tankless water heater installation, there are many things that you must consider. While many people are capable of putting in tankless water heaters themselves, this is not always the case. 

When you contact a professional tankless water heater installation company for assistance in determining which type of tankless water heater is most suitable for your house, you will get more than just a recommendation. You will be fully educated on the benefits and drawbacks of each model type so that you can make an informed selection when the time comes to purchase one.

If you’ve been thinking about getting a tankless water heater, you’re in luck.

There’s no need to do the tedious work yourself when we’re here to assist! We have a team of professional plumbers that are knowledgeable about tankless water heaters and are ready to help you find the finest solution for your needs.

The professionals at Agent Rooter have been in the business long enough to know all about tankless water heater installation and maintenance. We have also learned how important it is for us to educate our customers on what they should expect from each type of tankless water heater model so that they can make an informed choice when they buy one.

Just call Agent Rooter’s plumbers in Burbank today at 866-712-4368 to schedule an appointment.

Book Service
Call Now!
Scroll to Top