When it comes to heating water in your home, the type of system you choose can make a significant difference in the cost of your energy bills. Instantaneous electric water heaters, also known as tankless water heaters, are becoming increasingly popular in Australia due to their impressive energy efficiency and potential cost savings. This blog will detail how these modern water heaters can help you save money while offering some energy saving tips along the way.
No Standby Energy Losses
One of the main advantages of instantaneous electric water heaters is their ability to avoid standby energy losses. Traditional storage water heaters keep a large tank of water heated at all times, meaning energy is continuously used even when hot water isn’t needed. This constant energy consumption can inflate your electricity bill unnecessarily.
Instantaneous water heaters, on the other hand, heat water only when required. When you turn on the tap, the system heats the water on demand, eliminating the need to keep a tank of water warm. This results in significant energy savings over time, particularly in households with lower hot water demand or in climates where water doesn’t need to be heated frequently.
Increased Energy Efficiency
Another reason why instantaneous electric water heaters are a smart investment is their superior energy efficiency. Unlike traditional systems, which heat and reheat water in a tank, a tankless system heats water as it passes through the unit, delivering hot water directly to your tap or showerhead. This process eliminates the inefficiencies associated with storing and reheating water, resulting in reduced electricity usage.
In fact, many instantaneous electric water heaters boast efficiency ratings of 90% or more, meaning that almost all the electricity they use is converted into heat. Over time, this can lead to substantial cost savings, especially for households that frequently use hot water throughout the day.
Long-Term Cost Savings
While the initial investment in an instantaneous electric water heater may be higher than a conventional storage heater, the long-term cost savings can more than make up for it. Tankless systems generally last longer than storage units, with lifespans averaging 20 years or more, compared to 10-15 years for traditional systems. This extended lifespan means fewer replacements and repairs, adding to your overall savings. Pairing your tankless water heater with other energy saving tips, such as using water-efficient appliances and insulating your pipes, can further increase your household’s overall savings.
Enquire About a MicroHeat Tankless Water Heater Today
Instantaneous electric water heaters offer a range of benefits that can save you money in both the short and long term, making them a valuable investment. For more information, contact MicroHeat today to learn how we can tailor a tankless water heating solution to meet your needs.