Can a Tankless Water Heater Save Me Money?

If your current water heater is starting to fail or has outlived its expected lifetime, it’s time to start thinking about a replacement. Rather than getting a new traditional water heater with a large storage tank, consider a tankless water heater for your home. 

In addition to helping you save space, a tankless or on-demand water heating system will provide you with cost-saving benefits.

Pay Less for Monthly Energy Consumption

You’ll spend less on your utilities each month and enjoy tankless water heater savings in Newark, DE, when you ditch your traditional storage tank. That’s because you’ll no longer have to pay the costs associated with keeping an entire tank of water heated. 

Instead, you’ll pay only for the water and energy you actually use. The water gets heated as it flows through the heating system on its way to your faucet.

Eliminate Water Waste for More Tankless Water Heater Savings in Newark, DE

When you use a traditional water heater, you have to run the water for several minutes until it reaches the right temperature. In a tankless system, the electrical heating process is instantaneous, so the water will be hot as soon as it reaches the tap. This can help you lower your water bill in addition to keeping your other utility bills lower.

Save on New Equipment With a Longer Lifespan

Overall, a tankless water heater will cost more to install than a traditional unit, but you’ll actually save by replacing the unit less frequently. 

A traditional water heater will last only 8 to 10 years, but a tankless system has a lifespan of 15 to 20 years. This means you’ll enjoy long-term tankless water heater savings in Newark, DE, by replacing your water heater fewer times throughout your life.

Discover Your Options for a New Water Heater

In addition to providing heating and cooling services, True Blue Mechanical installs water heating systems. Whether you want to stick with a traditional water heater or try a tankless option, we can install a system that will meet your household’s needs. To get started, request an estimate today!