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Ever thought of going tankless?

By
Home Inspector with US Inspect

Lots of people are doing it. Are you? It's seems that it may be time for us to strip away our traditional ideas and go toppless--err, I mean tankless!

This last October 2011, my blog talked of a Texas Home Show that featured Homes of Tomorrow. One of the items mentioned was the growing popularity of tankless water heaters and their anticipated presence in the near future.

Well, as we speak, it is taking place. Just this week a large flyer appeared in the local newspaper offering a $350 instant rebate for installation of this device. Personally, as a home inspector, I've seen more tankless heaters in the past year than in the previous seven. So, what is the attraction and why now?

Understanding what a tankless system entails easily starts with the description "tankless."  Most readers of this blog today undoubtedly have a tank type, gas or electric, water heater in their basement, crawlspace, or on the main floor of their residence. Obviously, the purpose of the tank is to capture and hold heated water awaiting consumer demand. Frequently, there may be no demand for heated water, but there is nearly always some demand for heat as the water naturally cools over time. Remember, heat always travels to cold. This act of cooling while waiting to be consumed is referred to as standby heat loss. It's just an accepted part of the process of heating water in tank type appliances.

Eliminating this inherent heat loss was the initial goal of the creation of tankless heaters. Less energy consumption, less water usage, but at the same-or even better-comfort level. The idea in its development was that water would be immediately heated on demand and available at a moment's notice at the water spout at the desired temperature. No more standing at the sink with the tap open and letting a precious resource travel down the drain line while waiting for the 'proper' temperature to be reached.

The next idea in understanding how tankless systems work is the method in which water is heated. When demand is activated, a heat exchanger or coil type device immediately heats, and just as quickly, brings the water to a preset temperature as it passes through the exchanger. Depending on how far the exchanger is from the faucet, hot water is immediately available for use, or at least after very few seconds delay.

A couple of things to know before buying a tankless system (gas, propane or electric). They are more expensive than traditional tank systems, but are manufactured to have an expected useful life (EUL) greater than tank types. They are also manufactured in different 'sizes', so you'll need to determine your particular water usage to determine the one that's right for you. It's possible the sizing of your current gas line may have to be increased.

Tankless systems are designed to be either point-of-use or whole-house. Some houses may have both types. Some may be only electric powered, some may be gas powered, or a combination. Obviously, a professional should be contacted to help decide which one(s) are the most cost effective for your home.

So, there you have it. In this day and age of 'getting it now', being 'green', and saving our precious pennies, a tankless water heater seems like a very practical way to go! Wouldn't you agree?

Doing a little research on the internet, I came across the following article on "How Tankless Water Heaters Work". For a more in depth understanding and some formulas for calculating water usage applicable to your home, you might want to refer to this document.

So are you ready to run through the streets and shout, "I'm going tankless!" ?

Posted By: U.S. Inspect Blog

Diane Daley
Caron's Gateway Real Estate - Northumberland, NH

Everyone that has a tankless in this area love it they say they are very efficient and they always have what they need.  Thanks for sharing

Sep 07, 2012 05:38 AM
David Popoff
DMK Real Estate - Darien, CT
RealtorĀ®,SRS, Green ~ Fairfield County, Ct

They have been using these in Europe for over 30 years. One note is if your tankless heater is not right next to the sink/shower, etc you should get a hot water circulated so you do not have to waste water running it till the hot water appears, some of the larger and newer models have this built in.

Sep 07, 2012 05:58 AM
Tony & Darcy Cannon
Aubrey and Associates Realty - Layton, UT
The C Team

Chrissy, that is some great information, this is something that I will look into!

Sep 07, 2012 07:43 AM
Eric Michael
Remerica Integrity, RealtorsĀ®, Northville, MI - Livonia, MI
Metro Detroit Real Estate Professional 734.564.1519

Chrissy, I love the idea of tankless water heaters, but I've heard they're kind of expensive. What's the over/under on them? I mean, if I put one in, how long do I have to live in my house/condo to "break even?"

Sep 07, 2012 10:57 AM
Ellen Caruso
Daniel Gale Sotheby's International Realty - Glen Head, NY

Chrissy, I'll have to ask my husband if I can go tankless! LOL Really I wonder if he as a builder knows whats in!

Sep 07, 2012 02:25 PM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Good explanation Chrissy.  I did the numbers a while back and it's just doesn't pay for me at this point.  Would like to see some bigger rebates and maybe I'll give it a try.

Sep 07, 2012 10:12 PM
Chrissy Doremus ~ US Inspect ~
US Inspect - Chantilly, VA
Residential Property Inspections

Eric--There are various things to consider. So the answer isn't cut and dry. Tankless water heaters will run $2500-$3500 to install as compared to a tank type water heater @ $1000-$1500. Gas water heaters will last 8-12 years, Electric 10-15, and Tankless 15-20 years. Your return on your investment will depend a lot on the size of the family and the daily use of hot water consumed.

Recently, a colleague of mine who wanted to make the switch had a plumber tell him that going from gas tank type to gas tankless type is a valid consideration, but not electric tank to electric tankless. He believed that electric tankless were not that much more efficient.

Not sure if that helps! But I hope so.

Sep 11, 2012 05:35 AM
Michele Cadogan 917-861-9166
Fillmore Real Estate 2990 Av U, Bklyn , NY 11229 - Brooklyn, NY
Licensed Real Estate Associate Broker -

Bookmarked to share with my buyers , especially those doing 203k.  Love the idea of energy savings.

Sep 16, 2012 11:48 AM
Mike Young
203kOnLine.com, covering the USA - Stallings, NC
FHA 203k Consultant 916-758-1809

We have done quite a few but the problem we have is the time it takes to recover your investment. It may be that you are doing the environment a good turn but if the unit only has an expected life of 15-20 years you may not recover your full investment. Most of our plumbers tell us it is more a preference and don't like the question. 

Sep 26, 2012 03:06 PM