Save Money Tankless Water Heater | Blog | Mason Mechanical

Can a Tankless Water Heater Save Me Money?

If you have family or friends who are always singing the virtues of tankless water heaters, you are probably wondering what all the fuss is about.

At some point your water heater will need to be repaired or even replaced, which is a good time to consider opting for a tankless water heater. There are plenty of great selling points that make this type of system attractive to homeowners in Arizona.

Money Saving

If a tankless water heater is the right system for your home, there is definitely the potential for money saving. The key to ensuring that you reduce your bills with any sort of heating, cooling or general plumbing is working with experts. Ideally you should work with a plumber who has experience installing different types of systems and understands how effective each is in terms of home design.

There are specific benefits from a tankless water heater. A professional installer will come to your home with a checklist of features and whether they apply to your home. The more benefits you stack up, the greater the savings. If the numbers don’t add up, your heating expert should be able to recommend a better option if the cost of your bills is your primary motivation for considering a tankless water heater.

Energy Consumption

One of the major costs associated with storage tank water heaters is the amount of energy consumed. This is mainly due to the regularity at which the system runs to maintain the temperature of tank water. Regardless of whether your current system uses gas or electric elements, energy is used each time standby-heat loss occurs to balance water temperature.

With a tankless water heating system, there is no unnecessary energy consumption. When you need hot water, it is delivered instantly. If your home is a good candidate for this type of installation, you will see savings on your bills over the course of a year due to reduced energy consumption.

Reduced Repair Costs

A constantly running system is more prone to breaking down, which results in the likelihood of more frequent repairs. That money is better off in your bank account, so a tankless water heater is often the better option. Speak to the installer about repair comparisons between the system you have and a tankless water heater before making your final decision.

Not only do tankless water heaters require fewer repairs, they usually last a lot longer than most other systems. That means you will eventually make back the money that you spent on purchase and installation of your tankless water heater. If you have disposable income and don’t have plans for any other major renovations, switching out your water heating system is a great investment.

Installation Cost

So, now that you know the benefits, it’s time to think about the cost of installing a tankless water heater. Unfortunately, the higher cost of tankless water heating installation is the main drawback associated with this kind of system. You will most likely make back the money that you pay upfront, but it could take years.

You will need to consider how much of a strain installing a tankless water heater will put on your budget. It may take all of your surplus savings to get the system up and running, leaving you with little left in your budget for emergency spending. However, if you are confident that you can afford it, changing over to a tankless water heater is definitely a worthwhile consideration.

Expert Installation & Maintenance

A quality installation will go a long way towards ensuring that you get the best return on your investment. If your plumber or heating engineer is not able to provide you with expert advice and guidance before, during and after your tankless water heater has been installed, you are getting less than you deserve.

Just like any other plumbing and heating system, your tankless water heater will need occasional maintenance. At Mason Mechanical, we are committed to ensuring that our customers are able to recognize when plumbing, heating or cooling systems require repair or replacement. We also aim to provide you with the education you need to get the most out of all our products and services.

Installation Financing

If you need any other reason to trust Mason Mechanical with all your plumbing, heating, or cooling installation needs, we also provide help with financing. There are a number of financing options to choose from for installation and repair. You can speak to a friendly team member for further information before making the change to a tankless water heater.

Call Mason Mechanical today if you have questions about tankless water heating systems or our other products and services. Together we can help you save on your energy costs and keep your Arizona heating and cooling systems in great shape.