Tankless Water Heater Prices – Tax Credits and Utility Savings

The initial retail cost of a new tankless hot water heater is not the bottom line of the actual financial investment you are making by purchasing it. When calculating tankless water heater prices, you need to take 3 other major factors into consideration. Your investment will be less than you think.

1) Tax Credits. The federal government has passed the American Recovery and Reinvestment Act, providing financial incentives for individuals and corporations to “go green”. This relates to the purchase of a new water heater by providing the purchaser with significant tax credits when purchasing a tankless unit. The credits were initially given in specific dollar amounts but has recently changed to a percentage of the total price you pay on one. It is now up to 30% of the retail price. This is a huge money savings.

2) Utility Savings. Whether you go with an electric tankless unit or a gas one, you will save money on your utility bills. Many homeowners make the mistake of passing on a tankless unit because tankless water heater prices can be significantly more than the traditional versions but they fail to realize the monthly savings they will experience for many years. Not only will you save money on the fuel bill, you will also save on the water bill. No longer will you have to wait for hot water, wasting gallons at a time. The hot water comes out instantly, as soon as you turn it on.

3) Durability. Technological advancements have made tankless models much more durable than the traditional models. Warranties are for longer periods of time, the units are much more resistant to rust an other corrosion, and there is no tank to go bad. You will save a lot of money on not having to repair your water heater, or buy a new one for a long time.

There are some great websites online to help you find the lowest prices on all water heaters. Hot Water Heater Prices is a great one. For consumer and expert reviews of some of the top selling water heaters check out Hot Water Heater Reviews

Is A Tankless Water Heater Right For You?

http://serviceone.com/ 402-339-4357 ServiceOne has been providing quality service to the Omaha Metro area for over 20 years. This video is a quick demonstration of the Rinnai tankless water heater by Gary McCollum, the Operations Manager at ServiceOne. Gary is a great believer in this product, having a tankless water heater in his home and enjoying all the benefits you see below. Enjoy the video and read more below…

Just from a visual perspective, you can see how great the potential space savings is for your home. Rinnai tankless water heaters are about the size of a carry-on suitcase and can be installed on virtually any wall inside or outside your home.

A tankless water heater will give you an endless supply of hot water, when you need it. You are never limited to the amount a storage tank can hold. As demonstrated on the video, you can see turning on a 2nd and a 3rd shower head, mixed with your cold water and you would have all the pressure you need. And remember, the water coming though your faucet or showerhead from a tankless heater is not built up with scale and rust…you will always be experiencing fresh, clean water that is heated on demand as it passes though the unit.

Tankless water heaters are much more efficient. You can achieve up to 97% efficiency vs. the 50-70% offered by the tanked water heaters. You can enjoy up to 70% energy savings with a Rinnai tankless water heater. They only heat water when it is needed…a revolutionary advantage over tank-style heaters. Finally, Rinnai tankless water heaters have a typical life for 20 years, tanked heaters are averaging ½ that life span.

Call ServiceOne and we would love to come out and give you a FREE estimate for a tankless water heater. This water heater is highly recommended by our plumbers as trade experts AND as homeowners. Remember, there are good utility rebates available, depending where you live and the government has energy credits you can utilize as well.
Video Rating: 3 / 5

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