Those who have electrical control power within their home as a way to save money have turned to tankless water heaters. Manufacturers of such tankless water heaters have reported that some homes could save anywhere from 30 percent to 50 percent off of their annual electric bill simply by switching over from a traditional tank heater. This means the average cost savings on monthly electric bills will vary as it is dependent upon the make and model of the tankless water heater and how much hot water is actually used within the home. One can assume that a smaller household with less hot water usage will save but perhaps less than those with large families who tend to use hot water far more often.
Though it is difficult to make a broad and precise statement about savings, the issue is that water is heated as needed and not all the time. This saves on electricity as the tank is not always filling up and accessing electricity to fill all of the water contained inside. In fact, most traditional tanks have levels that prompt a refill and reheat which is a continual cycle of electricity usage. Thus, tankless heaters use less electricity simply because they only have to access electricity as required and thus when water is flowing through the unit to be heated.
Get back control of your Lakeland home! Call Samco Plumbing at (863) 509-1718 for professional tankless water heater services.