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Many homeowners may be asking themselves, what are the benefits of tankless water heaters compared to a standard storage tank water heater? The differences can actually be quite drastic when it comes to efficiency, cost, and performance when you compare a high-efficiency propane tankless water heater with an electric storage tank water heater.
High-efficiency propane tankless water heaters provide families with unmatched comfort, versatility, convenience, and efficiency because they provide a high volume of hot water on demand.
Consider the following benefits of propane tankless water heaters before you select your next water heater:
Reduced energy costs. Propane tankless water heaters can reduce energy costs by up to 50 percent compared with an electric storage tank water heater and eliminate standby energy loss from the tank, as well as the unnecessary expense of heating water when it is not being used.
Lower annual cost-of-ownership. Propane tankless water heaters offer the lowest annual cost-of-ownership in most regions of the country.
No cold showers. Propane tankless water heaters provide an endless supply of hot water, averaging about 222 gallons per hour, compared with an average first-hour delivery rating of just 62 gallons per hour for electric storage tank models.
Compact size. A propane tankless water heater can save up to 16 square feet of floor space compared with a standard storage tank model.
Long service life. Propane-powered tankless water heaters have a life expectancy of about 20 years, much longer than any conventional storage water heater.