Water heaters are becoming more of a necessity than an accessory in most residential properties, even in tropical countries like Singapore and Malaysia. Installing water heaters in a property can immediate increase its overall value, especially if the aim is to eventually rent it out. This is why there has been a surge in water heater purchases in the recent years.
However, if you are still considering this option it is important to remember that water heaters come with a cost, and we’re not just talking about installation cost. Upon installing water heater, it will be easy to notice an increase in your electricity bill. As a matter of fact, constant use of water heaters is one of the common reasons for rising electricity cost in a household. This is why it is important to carefully weigh in your options for water heaters.
Fortunately, water heater technology are now able to address energy efficiency concerns, among others. Tankless on-demand water heaters is known to be one of the most energy efficient types of water heater. However, the price of tankless water heaters as well as installation cost may also be more expensive than the storage type.
To help you weigh your options further, here are the top three benefits and value adding of going for tankless water heaters.
As suggested by its name, tankless/on-demand water heater does not have to constantly keep gallons of water hot for a prolonged period of time. Its technology is capable of providing instantly hot water, but only when you turn on the faucet. With this type of mechanism, a household is able to save at least 40 percent from their electricity cost, compared to using the storage water heater.
Moreover, it is more eco-friendly due to the zero energy and resources lost along the way.
Tankless water heaters are smaller in size, and can be easily mounted on walls. Since it does not require any storage space, then most of tankless water heaters can be seamlessly installed on walls, or as part of the entire shower system. This makes it the perfect option for those living in apartments and condominium units with space limitations.
Longer life expectancy
While tankless water heaters can really be the more expensive option, this is also one of the most worthwhile investments that you can have for your home, since a good tankless water heater brand can last for twenty years or more. You also need to worry less about maintenance because this type of water heater requires less of it.
When you are in a household that needs to constantly use the water heater, tankless water heater can end up to be one of your smartest and practical choices.