These days, whenever homeowners contemplate the purchase of a major new appliance, considerations include not only features, installation, and basic cost but also energy efficiency. Spending a little more upfront for an appliance that is more efficient can often reap savings in the long term, reducing yearly energy usage as well as running cost.
Consider the humble water heater. This appliance supplies hot water for your dishwashers, sinks, washing machines, and showers, and thus is often the second-highest energy-guzzler in your home. Upgrading to a more energy-efficient model offers significant savings.
Tank Vs. Tankless Heaters
Most homeowners are familiar with the traditional model, a tank water heater. It comes in various sizes depending on the dimensions of the home and the family’s needs. Basically it’s a metal heating tank fueled by gas or electricity that keeps a large amount of water at a specific temperature, so it’s ready on tap.
An option that yearly becomes more popular is a tankless water heater. Much smaller in size than traditional heaters, tankless water heaters are engineered to swiftly heat up the water flowing through a series of inner pipes to provide an endless supply of hot water on demand.