| When you think of the household items that are | | | | save you money. Let's turn our attention to some |
| most to blame for your high electric bill, chances are | | | | other cost-cutting features that come along with this |
| good that you pinpoint the usual suspects. Most | | | | device. |
| people think of the television, lights, kitchen | | | | For starters, the federal government will reward you |
| appliances, and washer/dryer combos as being some | | | | with a $300 tax credit just for installing a tankless |
| of the biggest offenders. But you would probably be | | | | water heater. The government isn't known for just |
| surprised to learn that the number one reason behind | | | | handing out free cash, so that should tell you that |
| your high electric bill is an item that operates 24 | | | | they believe in the benefits tankless water heaters |
| hours a day. Your storage tank water heater is | | | | afford. And while purchasing and installing a unit will |
| robbing you blind, and you may not even realize it. | | | | initially cost around $1800, these units will last for 20 |
| The reason for this is because a standard storage | | | | years or more without any need for maintenance. |
| tank water heater is constantly working to keep | | | | That $1800 investment will certainly pay for itself in a |
| water heated, even when you are not using it. This | | | | couple years time when you consider the huge |
| leads to increased energy usage and an inflated | | | | savings on your monthly electric bill. |
| electric bill. However, many homeowners looking to | | | | There are two other ways in which a tankless water |
| save some bucks have recently turned to alternative | | | | heater can save you money. First, storage tank |
| devices known as tankless water heaters. In this | | | | water heaters tend to develop leaks at some point. |
| article, we'll examine just how effective these types | | | | These leaks can end up costing you thousands of |
| of systems are, while answering the question: Does a | | | | dollars in repairs and replacements. These types of |
| tankless water heater save money? | | | | leaks are not a concern with a tankless water heater, |
| A tankless water heater works in quite a different | | | | thus saving you money down the line. In addition, |
| way than a storage tank heater. A tankless water | | | | tankless water heaters are equipped with venting |
| heater kicks into action only when you turn on a hot | | | | systems that filter out any harmful gasses or |
| water tap, heating water through copper and brass | | | | impurities. This keeps your family safe and healthy, |
| heating elements. When you shut the water off, the | | | | and free from the concerns that sometimes come |
| tankless water heater also shuts off. This leads to | | | | with storage tank water heaters. |
| the preservation of energy and subsequently lowers | | | | As you can see, a tankless water heater does save |
| electric bills. In fact, most homeowners can save on | | | | money in a variety of ways. So if you are serious |
| average between 30% - 50% off their current bill. | | | | about lowering your outrageous monthly electric bills, |
| Pretty nice, huh? But this is only one of the more | | | | why not look into installing this system into your own |
| obvious ways in which a tankless water heater can | | | | home? Your wallet will surely thank you. |