5 Essential Factors to Consider Before Investing in a Tankless Water Heater in Austin, Texas
If you're looking for an efficient home water system in Austin, the first thing you should consider is installing a tankless water heater. Tankless water heaters provide hot water on demand, saving space and energy while reducing monthly bills. Of course, the upfront cost can be a powerful deterrent. Here we’ll explore the five essential cost factors to consider before investing in a tankless water heater.
1. Installer Costs
The installation process for a tankless water heater is complex. Plumbers must convert your gas line to a tankless gas valve, install a vent pipe, and for some units install a condensate line. Because of the complexity, it’s best to hire a professional plumber for the installation. Also, you won’t be able to receive an energy efficiency tax credit unless the heater was installed by a qualified and licensed technician. Remember to factor in installation costs when comparing prices with tank units.
2. Operating Cost Savings
Choosing an energy efficient tankless water heating unit can actually save you money over the long term. Tankless water heaters are 24 to 34 percent more efficient than traditional systems. They also last much longer, providing you with plenty of hot water over the next decade.
3. Size Matters
It’s important that the water heater you choose is large enough to meet the demand for your household. If you choose a smaller heater and it isn’t able to keep up with your family’s needs, you won’t be able to enjoy a good quality hot water experience. To find the best size for your needs, speak to a professional Abacus plumber.
4. Type of Water Heater
You have a choice between two types of tankless water heaters: electric and gas. Each has its own pros and cons: electric breakers can sustain a more consistent temperature than gas models, but they are also more expensive. Water flow is slower in electric water heaters since the temperature takes longer to reach its peak. Gas models are more affordable upfront, but installation costs may offset those savings.
5. Rebates and Tax Credits
Finally, don’t forget to look into the tax credits and rebates available for installing a tankless water heater. In Texas, utility companies such as Austin Energy offer rebates for high efficiency water heaters. The Federal Government provides tax credits for up to 10 percent of the cost of the water heater, not including installation or supplies.
For an efficient, cost-effective solution to provide hot water in your Austin home, consider investing in a tankless water heater. But before you do, take into account these five cost factors to make sure you’re getting the best bang for your buck.
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