Lower household water bills by 40 percent
In a world where going "green" is top-of-mind, it's surprising to discover that many homeowners are unaware of a proven way to save water and money. According to a 2007 survey conducted by the Propane Education & Research Council (PERC), 63 percent of homeowners say they are not familiar with tankless water heaters. However, after learning about the water-saving and cost-saving benefits of these on-demand water heaters, nearly two-thirds of homeowners (64%) say they are likely to consider making the purchase in the future.
Tankless water heaters lower operating costs and never run out of hot water because they heat water as you need it instead of storing it in a tank. Tankless water heaters can lower household energy bills by up to 40 percent, a benefit that 48 percent of homeowners say is the most important reason to consider purchasing a gas tankless water heater. Another 16 percent of homeowners say the fact that this technology saves the average American family 10-20 percent of its daily water use is the most important reason to consider purchasing one.