SPY Hack: Switch To a Tankless Water Heater to Save Time and Money on Energy Bills

SPY Hack: Switch To a Tankless
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Home ownership is a huge expense, and when it comes to upgrades, you want to get the best bang for your buck, which is why we’re switching to tankless water heaters. Using a tankless water heater has a long list of advantages, including energy efficiency, cost savings, less physical space required and more.

Tankless water heaters work by only heating the water you need. Traditional water heaters have hot water sitting in them waiting to be used, which requires a large space to store the tank and a constant stream of energy to keep the water in the tank heated. Tankless water heaters work by heating cold water when a hot water tap is turned on, eliminating the need to store hot water. The downside is that the flow of the hot water will be slower when compared to traditional tanks but considering the energy and money savings you can expect with a tankless water heater, a few more seconds waiting for your shower to warm up isn’t so bad.

According to the government’s Energy website, homes that use less than 41 gallons of hot water per day can see energy savings of between 24 percent to 34 percent if they switch the tankless water heaters. For homes that use more than 41 gallons of water each day, the energy savings are lower but still significant, with numbers in the 8 percent to 14 percent range. For the optimal amount of energy savings, it’s recommended to install tankless water heaters at each hot water outlet, for example near the dishwasher and bathrooms. Homeowners with multiple tankless water heaters can use up to 50 percent less water, which means huge savings on your energy bills.

Tankless water heaters are ideal for just about any homes, with the use of additional tankless water heaters especially helpful in homes with many large appliances, bathrooms that are far from the location of the water tank, or large homes.

Are you ready to go tankless? Here are three great tankless water heaters that will help you save money, space, and energy.

1. EcoSmart ECO 11 Electric Tankless Water Heater

Made with a Lifetime Warranty and savings of up to 60 percent on water heating costs, the EcoSmart ECO 11 Electric Tankless Water Heater is an industry leader.

Pros: Designed for small apartments or single unit uses, such as one bathroom or a dishwasher, the EcoSmart can heat up to two gallons of water per minute. The EcoSmart uses patented self-modulating technology to maintain optimal energy output when in use. The EcoSmart 11 has a requirement of 57 AMPs and a 60 AMP Breaker.

Cons: Because of the EcoSmart 11’s small size, it can’t heat multiple points of use when the outside temperature dips below 67 degrees, but EcoSmart tankless water heaters are available in numerous sizes to handle larger homes.

EcoSmart ECO 11 Electric Tankless Water Heater

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2. Stiebel Eltron Tempra 24 Plus

A world leader in hot water technology with proven reliability, the Stiebel Eltron Tempra 24 Plus can save users up to 20 percent on the hot water portion of their electricity bill.

Pros: The Stiebel is easy to use thanks to its digital temperature control and requires a 240 Volt and 208 Volt. The Stiebel is silent with a sleek design and doesn’t require venting, making it easy to place just about anywhere in the house. The Stiebel has 99 percent Energy Efficiency plus intelligent self-modulating technology, which will keep your energy output as low as possible. The tank also has advanced flow control, which will keep your hot water at a steady temperature without dips.

Cons: Customers say the tank is relatively easy to install, but some knowledge of plumbing is a must. They also note that the water temperature can change with the weather, so turning your faucet to the same spot in the winter months will not result in the same temperature of hot water as during the summer months.

Stiebel Eltron Tempra 24 Plus

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3. Bosch Electric Mini-Tank Water Heater

Measuring only 13.75 W x 13.75 H x 10.75 D and boasting a 98 percent thermal efficiency, the Bosch Electric Mini-Tank Water Heater is a 2.5-gallon mini tank that is perfect for installation at various points of use throughout your home to cut down on time waiting for hot water.

Pros: An electric mini-tank, the Bosch uses premium glass-lined material for long service life and can supply hot water to two sinks at a time. With the easiest installation out of all three tanks, the Bosch only requires a 120 Volt output and can be shelf or floor mounted, with the tank small enough to fit in a cabinet. The tank is designed for use as a heat source for a bathroom sink, a supplement to a heater that is located far from the sink, or as a buffer that helps with water tanks that have intermittent spells of cold water.

Cons: This won’t replace your household water tank, and customers note that kitchen sinks require the larger 7-gallon Bosch tank.

Bosch Electric Mini-Tank Water Heater

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