Installing a tankless water heater can be a difficult job as such each customer we service receives a custom tankless installation. There are a number of factors that ensure no two jobs are alike and thus each installation is unique.
There are a number of reasons people are upgrading to tankless systems, but it’s important to understand that a tankless might not be right for every situation. Here are a few reasons people are choosing to upgrade.
- High efficiency – some tankless units are 98% efficient – that’s future proof.
- Unlimited hot water – Jacuzzi’s and body showers take a lot of water that can empty a conventional tank quickly.
- Extended Lifespan – a tankless has an expected lifespan of over 20 years.
- Space Savings – As homes and condos continue to shrink floor space becomes a premium a tankless mounts to the wall.
- Energy savings – 98% means that 98 cents of every dollar you spend is actually used.
Within Toronto and the Greater Toronto Area we are in a rental market for water heaters which is very unfortunate. These systems really aren’t that expensive and when leasing you easily pay for the system 3-5 times over. Some companies within the Greater Toronto Area are offering financing of a tankless but again the fine print is where they get you. We see more home owners regretting their decision and paying between 13% to 18% interest for their tankless. We often recommend that homeowner simply use their line of credit if they are looking to finance a tankless system. The interest rate is much more reasonable and will likely save the homeowner a few hundred bucks or more.
If you’re looking for that custom tankless installation throughout the Greater Toronto Area give us a call and we can have a REP come out to your home, free of charge. The REP will be able to assess your home, gas lines, venting requirements and give you a quote right there on the spot.