Tankless or on-demand water heaters are becoming more popular with homeowners who have limited space in their basements. But before you purchase your new electric tankless water heater, make sure you consider the power requirements of your new unit. Some tankless water heaters require four 240 volt 40 amp circuits - and would require a minimum 200 amp electrical service. The cost of upgrading your electrical system can offset some of the expected savings.
Some of the advantages of tankless water heaters include:
- Less physical storage space, wall mounted
- Only heats water as needed - eliminates standby energy losses
- ENERGY STAR® estimates that a typical family can save $100 or more per year with an ENERGY STAR qualified tankless water heater
If you do not have at least a 200 amp electrical service , remember, you may need to budget for an electrical panel upgrade before you convert to electric tankless water heat. Give us a call if you have questions or concerns about your electrical service in your home 612-385-7864