Is a Tankless Water Heater a Good Investment?

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Your water heater is responsible for roughly 20% of your energy bills. Combine that piece of information with how critical your water heater is to the comfort of your family, and it makes sense to have the best. Hocon offers state-of-the-art tankless water heaters that will provide you and your family with a virtually endless supply of hot water on demand—all while saving you money on energy costs.

There are a number of reasons to choose a tankless water heater for your Connecticut home. Tankless water heaters are energy-saving, space-efficient, and provide a virtually endless supply of hot water.

Let’s take a closer look at the benefits propane tankless water heaters offer and how they compare to traditional water heaters.

Tankless vs Traditional Water Heaters

Tankless water heaters give you hot water on demand. They’re more energy-efficient and space-efficient than traditional water heaters. Here are some other reasons they’re better:

  1. Tankless water heaters provide a virtually unlimited supply of hot water. With a traditional water heater, if a few people (or appliances) use up all the hot water on hand, you have to wait for more water to be heated. If you choose the proper size for your home, even with multiple appliances (or showers) going at the same time, you’ll never run out of hot water with a tankless water heater.
  2. With a traditional water heater, hot water that isn’t being used needs tends to cool and then needs to be heated again. That can happen over and over again with the same volume of water! Especially during the winter months when the water starts colder and loses heat more quickly in your cold basement, that can add up to a lot of wasted energy and money. Tankless water heaters only work when there’s a demand for hot water, and they don’t require a pilot light. Because of this, you could save up to 40% on your energy bills with a tankless water heater versus a traditional one.
  3. Tankless water heaters are small enough to go almost anywhere. They’re about the size of a suitcase, so you can put one on just about any wall inside or outside your house. You can even put it completely out of sight in a closet or crawl space.
  4. You get great longevity with a tankless water heater. Conventional water heaters have a lifespan of about 10 years. Tankless water heaters last an average of 18 years.

Money Matters: Operating Costs

Although you’ll spend a bit more to install a tankless water heater, you’ll make that money back over time because they cost significantly less to operate.

Tank vs. Tankless Annual Operating Costs
Standard 50-Gallon Electric Storage Tank
Annual Operating Costs = $578.00
Super Efficient Propane Tankless
Annual Operating Costs = $264.00

If you live in Danbury, Guilford, Norwalk, Shelton, Suffield, Torrington, Waterbury, or one of the surrounding towns in Connecticut, New York, or Massachusetts, make Hocon your go-to source when it’s time to upgrade your water heater.

Contact Hocon today to learn more about the water heaters we sell. And be sure to ask us about money-saving rebates from Rinnai.

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