The advent of tankless water heaters changed the way that people heat hot water in their homes. It has even carried over into the RV community. These small units are capable of heating water rapidly, thus providing added convenience and a lower monthly cost for the person’s utility bill. These are also utilized by large corporations that enjoy the convenience of the fast hot water and a more economical way of producing it. However, these are much more expensive than your standard water heaters. If you have a large family, you may wonder if something as large as an 8 GPM electric tankless water heater would be best suited for your household.
Is 8 Gallons Per Minute Enough?
If you do have a large family, and an electric tankless water heater that can produce 8 gallons per minute is likely enough. For example, the average shower will last just a few minutes and about 3 gallons of water will be used. If you do have one of the 8 GPM units installed, and if no one else is showering, you will have plenty of hot water left over. On the other hand, if you have a small family, perhaps only four people, this might be too much. As you are looking through the prices for these high-tech units, they can become extremely expensive.
What With This Electric Tankless Water Heater Cost?
Prices can range significantly depending upon which one you buy and what manufacturer has produced them. When they are capable of generating 8 gallons per minute of hot water, these can be exceedingly expensive. Several thousand dollars may be spent on each one that you install. This typically includes the price of installation. For example, these will cost on average about $2000. By comparison, it would cost around $700 for a standard water heater.
How To Find The Best Deals Available
There are three companies that are well known in this industry. The first is called Bosch. The second is called Rheem. Finally, the most popular is likely any that are produced by Ecosmart. Prices can fluctuate a couple of hundred dollars, depending upon the gallons per minute and who has made each unit. It would be advantageous to search for special offers currently posted online to potentially save as much as possible.
Is This A Good Investment For Your Family?
These are certainly a wise investment for any homeowner. It will increase the property value of your household. These will also allow you to save money on your utility bill. Finally, everyone will have access to hot water. When you are getting ready to shower, you must run the hot water until it begins to get hot which could take several minutes. That’s why these tankless water heaters are so much more cost-effective. You only use them when you need them and then you don’t have to keep the water hot.
Over the course of a couple of years, this initial investment will be paid off. You won’t have to worry about having to pay too much money. It’s a simple matter of being able to find a good deal and then have it installed. Most of the companies that produce these have been doing this for over a decade. They have incorporated their best technology. If you do install one or more of these, this wise investment will pay for itself very quickly.
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