Tank or Tankless Water Heater?
What is a tankless water heater?
A 20 minute hot shower can empty a 40-gallon “tank” style water heater! But a ”tankless” water heater can provide a continuous supply of hot water for as long as you want and whenever you want even while you run a load of laundry.
A “tank” style water heater stores water in a tank and keeps the water hot 24 hours a day, 7 days a week, constantly heating and re-heating stored water and wasting energy and your money. You don’t use hot water 24 hours a day so why pay to heat it while you are sleeping. A “tankless” water heater system is designed to heat water directly without the use of a tank. It only heats the water when you use it.
It’s the installation that makes the difference!
Save space with a tankless water heater.
Tankless water heaters take less space than a “tank” style water heater. “Tank” style water heater can take up to 15 square feet of valuable garage floor space. A tankless water heater is only about the size of a carry-on suitcase and can be installedoutside or inside your home.
Federal Tax Credit (Expires soon!)
Signed into law by President Barack Obama, the Economic Recovery Act, a $787 billion Federal Stimulus package. For a limited time, the IRS has increased the Tax Credit for qualified tankless waters heaters from $300 to up to $1500. Homeowners can now claim 30% of the costs (up to $1500 limit) for the installation. As always, you should consult your tax professional to determine your individual qualification for the tax credits.