Although the initial cost for a Rinnai tankless water heater installation is higher than the tank models, they are more cost-effective at the end of the day.
Some of the reasons property owners are opting for tankless water heaters include continuous hot water, extra space for storage and lesser energy bills.
However, many people don’t consider these perks huge enough to make up for the extra cost of purchase and expense incurred for installation.
According to estimates by the U.S. Department of Energy, gas-powered tankless heaters save about $108 in energy costs yearly compared to the traditional tankess heaters, while there’s a $44 savings on electric tankless heaters each year.
Sounds like a good deal right? Just hold off on squandering that savings yet.
It costs about three times extra to purchase a tankless water heater than the regular storage types. While an electric traditional water heater costs just about $1000 for the entire house, its counterpart costs up to $3000 which is not inclusive of the installation charge to be paid to a plumber.
In addition, it is not every home that is prepared to accommodate a tankless water heater. The homeowners that have only electricity-compatible utilities may need to upgrade their electrical system which entails hiring the services of an electrician.
When you are ready to shop for a tankless unit, you must first decide on buying either the natural gas models or the electric models.
However, lots of property holders see beyond energy savings when it comes to the advantages of a tankless water heater.
Some other benefits include the space they save because of its compact design, they are long-lasting and more environmentally friendly since a tank that is rusty doesn’t wind up in the landfill.
According to Tod Dale, owner of Clovis Plumbing Services situated in Clovis, California, many people buy these tankless waters because it is eco-friendly. Also, these heaters usually come with a lengthy warranty.
I know you’re now wondering if a Rinnai tankless water heater installation is the best option for you…
Below are some of the factors to think about before deciding to go for the tankless model:
- Demand: How often is hot water needed at your home? Would you prefer a unit that serves just a single bathroom or one for the whole house?
- Type: Think about the requirements associated with installing the different models. If you want an electric version, you’ll be needing the correct voltage, circuit breaker and amperage while the gas-powered models have need for vents.
- Location: The heaters must be located within 50 feet approximately from its source of power, and be able to mount on an interior or exterior wall.
- Life expectancy: They mainly last for over 20 years which is double the natural life of traditional storage water heaters.
- Installation: You will need to employ an expert heating and A/C contractor or plumber to set it up. Most times though, when you buy the product from a dealer, installation comes with the package.
So now that you’ve come to a decision to buy tankless, what next?
The first thing you need to do is select a natural gas or an electric model.
Aside the cost of rewiring the house which was earlier mentioned, there are huge differences between the electric and the natural gas models.
There is a 99% efficiency guarantee for the electric models. Nevertheless, they still don’t meet the requirements for discounts or an Energy Star rating, which needs a product that enhances more than 14% energy output compared to older models.
According to the Department of Energy, natural gas tankless water heaters are almost 23% more efficient compared to the traditional storage type, which has only about 60% efficiency.
Most of the tankless units that are gas-powered however, are eligible for a federal tax rebate of $300. A lot of states provide very similar incentives.
In general, the thought behind a tankless system is that hot water is supplied as needed, rather than continuously heating water that is stored in a tank.
Does a Rinnai tankless water heater installation sound like the best option for your home? Just a minute…
Take a look at these five disadvantages before your plumber makes the switch:
- The price of purchasing and installing a tankless system is much higher than the cost of a traditional tank. It usually costs between $1,000 – $2,000 more to buy without even factoring the installation cost.
- This will be more beneficial and cost-effective to families and people who use lots of water as against someone who lives alone and doesn’t use much water.
- It requires the services of an expert in water heater at least yearly to de-lime tankless heaters. On the other hand, traditional models only need little or no professional maintenance throughout their lifetime.
- As a homeowner, it’ll cost you thousands of dollars to upgrade the electrical systems in order to accommodate the tankless system if you decide to go for the electric model.
What’s the future of traditional heaters?
Tod Dale of Clovis Plumbing Services in Clovis, California, as well as many water heating experts, are of the opinion that the Rinnai tankless water heater installation is the future of water heating.
We expect an improvement on the technology behind the product and newly constructed buildings ought to adjust speedily to the additional electrical requirements.
“Almost everyone wins in this situation,” he says. “But at this instant, just not everybody.”