Electric Tankless Water Heaters - The More Energy-Efficient Alternative

Electric tankless water heaters have a number of advantages over their more traditional storage tank counterparts. An electric tankless water heater produces hot water on demand, which not only means you get an endless supply of hot water whenever you want it, you also only pay for what you use. With energy bills increasing, more and more households are looking for ways to save money, and a tankless electric water heater is one way to cut costs.

Some electric tankless water heaters are as much as 98.5% efficient. When installing an electric instant water heater, it must be taken into account that it will draw a lot of power. Some units require a supply of 120amps. Tankless hot water heaters that run on electricity tend to cost more to install than those that run on gas, as they draw a lot of power and require multiple circuits, but these initial costs can be recouped in the future with the savings on your energy bills.

Electric tankless water heaters vary greatly in price from around $200 up to around $1200, according to how much hot water they are required to produce. Typically the maximum flow rate of an electric on demand water heater is 3 gallons per minute. Tankless water heaters are less prone to corrosion and have a much longer lifespan than conventional storage tank systems. They can be installed to supply hot water for specific appliances such as a shower or a washing machine, depending on your household needs, and can be a great investment for the future.