When it’s time to update your water heater, you should consider many factors, including its price, the type of fuel it will use, and how long it will last. After all, water heaters are a big investment that should work for you for many years to come.

A factor that is becoming increasingly more important to today’s homeowners is energy efficiency. Many homeowners want to minimize their environmental footprint. Even if the environment isn’t at the forefront of your mind, energy efficiency will benefit you by saving you money on your monthly energy bills.

At RedFin Plumbing Co., we aim to equip homeowners with the education they need to make well-informed decisions about their plumbing. If you want a more detailed understanding of the environmental benefits of tankless water heaters, we’re here to help.

What Effect Will a Tankless Water Heater Have on Water Usage?

Traditional water heaters usually keep a large amount of water heated, even if it’s not being used. Tankless water heaters, on the other hand, only heat water as it is needed. The overall amount of water that is consumed and heated will be lower, making your entire system more efficient. If you’re interested in making your home more sustainable, a tankless water heater may be the right option for you.

How Long Do Tankless Water Heaters Last?

The less often you need to replace your water heater, the better it will be for the environment because there will be fewer water heaters in landfills. While traditional water heaters last around ten to fifteen years, tankless water heaters can last up to two decades! That means you’re spending far less on water heater replacements over the years.

How Does a Tankless Water Heater Compare in Terms of Operating Costs?

According to the U.S. Department of Energy, tankless water heaters can be 24%–34% more energy efficient than conventional storage tank water heaters. Utilizing less energy will help the environment and save you money each month. Simply put, a tankless water heater is an investment that will pay dividends for years to come.

What Are the Other Benefits of a Tankless Water Heater?

The advantages of tankless water heaters go beyond environmental ones. Here are just a few of them:

They take up less space in your home.

They ensure you never run out of hot water.

They raise the overall value of your property.

They heat water much faster than typical water heaters.

When you consider all these advantages, it’s easy to see that a tankless water heater could be the right choice for your home.

Are There Ways to Save on a Tankless Water Heater?

If you choose a tankless water heater that is ENERGY STAR certified (along with a few other requirements) before December 31, 2032, you may be able to claim a tax credit! This tax credit can help defray the cost of installation, putting more money in your pocket.

How Can I Learn More About Tankless Water Heaters?

Whether you want to know if you qualify for a tax credit on new tankless water heater installation or you’re ready to make an appointment, RedFin Plumbing Co. is the company to call in Houston, TX. We know how frustrating it can be to have an old, inefficient water heater that takes forever to heat up and runs out of hot water. We can help you switch to a tankless source that will save you money, raise the value of your home, and reduce your environmental footprint.

Call our plumbers today so we can help you upgrade your water heater! We would be happy to provide you with an estimate on installation and guide you through the entire process from start to finish.