Replacing Electric Water Heater With Tankless

Now that you have decided to replace your tank hot water heater with a tankless hot water heater you will be saving as much as 100 or more annually on your water heating bills.

Replacing electric water heater with tankless.

For an electric model assuming energy costs of 0 132 per kwh the payback time to replace a conventional electric tank with an electric tankless ranges from 12 to 20 years. Call your local department of inspections and ask if you need a permit. For a household of one or two people a tankless electric unit will probably be adequate. The steps for replacing a propane water heater are exactly the same and those for an electric water heater are similar.

In any case when you re planning a water heater replacement play it safe. For help choosing a water heater read our water heater buying guide. Tankless water heaters also known as on demand water heaters are quite popular with forward thinking homeowners and for good reason. Replacing your standard water heater is expensive since tankless systems can be up to 80 more expensive than a tank water heater.

The higher the energy factor the more efficient the water heater. A tankless water heater has no tank you re welcome. I also made a video so you could see our install first hand. Switching to tankless water heaters isn t that hard.

Department of energy estimates that in homes using 41 gallons or less of hot water on demand tankless units can conserve between 24 to 34 more energy than tank water heaters. This takes into account the additional installation costs. How to switch from propane tank water heater to electric tankless water heaters. Installing a tankless water heater is a greater upfront investment but these units can significantly cut the cost of monthly utilities.

Tankless water heaters can be powered by gas or electricity but even gas powered tankless water heaters rely on an electric control panel to operate the system. Today tankless water heater energy factors range between 64 and 91 for gas fired models and up to 99 for electric models. If you have an electric water heater the nameplate will also list the wattage capacity and voltage of the heating elements. So regardless of the type of tankless water heater you have you ll be out of hot water in the event of a power outage.