How about a $1200.00 energy efficient tankless water heater for $400.00? The rebate programs being offered for energy efficient gas equipment are phenomenal! Heating water accounts for approximately 15% of your home energy use. If you have a storage tank water heater, you are paying to keep the water hot at all times – even as you sit at your desk in work all day. The tankless water heater is an on demand system, it heats the water only when you need it – the result is a 45%-60% energy savings. Also, the average life of the tankless is up to 20 years, while the storage unit lasts about 10 years (if yours is older than that, it may be living on borrowed time – in order to avoid a flood, have it checked by a professional). Even with the rebate, the upfront costs of a tankless are higher than the storage unit, but the savings you reap down the road will make up for that in a few years. The amount of the rebate will depend on the model and efficiency of the unit you choose – this information is readily available through your plumbing contractor.
Check it out now, the rebates are scheduled to expire by the end of the year.
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