Choosing an On-Demand Water Heater
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March 17, 2008
By Troy Griepentrog
Tankless water heaters are an eco-friendly option. BuildingGreen.com rates on-demand water heaters among the most efficient, and the U.S. Department of Energy site states that you can save up to 30 percent of the energy you currently use with a tank heater (depending on a variety of conditions). But the American Council for an Energy-Efficient Economy says to expect only a 10 to 15 percent reduction in water heating energy used.
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Although on-demand heaters are more expensive to buy and install, they’re a good investment if you consider fuel costs over time. Accounting for installation cost and energy use, the American Council for an Energy-Efficient Economy determined that total cost for on-demand water heaters is less than for standard water heaters over a 13-year period. And tankless heaters generally have a life expectancy of 20 years, versus 13 years for a tank heater. You can expect to pay $360 to $1,800 (plus installation) for a new on-demand unit.
Water heaters are not rated by Energy Star, but a proposal is under consideration.
If your water heater is 10 or more years old, consider buying a new energy-efficient model before the old one starts leaking. When you’re without hot water, you’ll be less likely to take time to research options and make a wise choice.
To explore options for solar hot water, read Build Your own Passive Solar Water Heater and Go Solar for Free Hot Water.
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