Do you know how much you’re paying from month to month for your hot water? According to Energy Star, the average household spends over $2,000 a year on energy bills, and about 13% of that goes exclusively to water heating.

Water heaters use energy, and lots of it — unless you have an energy efficient water heater installed in your home. Many homeowners here in New Jersey are switching to tankless water heaters because of the energy savings and convenience they offer. But how do you know a tankless water heater is right for you?

How Tankless Water Heaters Work

Tankless, or on-demand, water heaters are so-named because they are exactly that — tankless. While conventional water heaters feature a hot water tank where water is continuously heated, tankless water heaters heat water only when you need it.

This means that with a tankless heater, you don’t have to waste energy keeping a tank full of water hot at all times. You also never run out of hot water. Instead, hot water comes as a continuous flow directly from the heater.

The Benefits of Switching to Tankless

Tankless water heaters offer a wide variety of benefits — some of which you can already guess and some of which you may not expect.

Energy savings

With a tankless water heater, you eliminate the “standby heat loss” that’s associated with conventional tank heaters. As a result, you conserve more energy.

Lower utility bills

Greater energy savings means lower utility bills. In fact, an Energy Star estimated that tankless water heater saves a family of four about 30% on water heating costs each year

Fewer breakdowns

Because tankless water heaters have no tank, there’s less need to worry about flooding issues or tank maintenance.

Longer life span

Tankless water heaters last, on average, five to ten years longer than conventional tank models.

Smaller footprint

Yes, tankless water heaters have a smaller carbon footprint, but did you know they take up less physical space as well? They’re usually wall mounted, leaving you with more space in that closet or basement.

Go Tankless with B&E Energy Solutions

Whether your current water heater is on its last leg or you’re simply looking for ways to make your home more energy efficient, talk to the home efficiency and plumbing experts at B&E Energy Solutions. From Ocean and Monmouth Counties down to Atlantic, we take pride in helping New Jersey homeowners find energy efficient solutions that work for them.

Our team will help you decide if going tankless is the right option for you and your family — and if so, pair you with the right unit for your water heater replacement. Our detail-oriented installation experts will make sure your new unit is installed correctly so you get the most from your water heating investment.