Is It Worth Putting in a Tankless Water Heater?

Tankless water heater installed in a residential home, representing energy-efficient water heating, long-term savings, and compact design—Lochard HVAC, Plumbing, and Service offers tankless water heater installation, replacement, and plumbing services in Troy, Sidney, Piqua, and surrounding areas. Call us now for help with tankless water heater pros and cons, benefits of tankless water heaters, is a tankless water heater worth it, should I switch to a tankless water heater, how long do tankless water heaters last, cost of tankless water heater installation, energy-efficient water heaters, tankless water heater savings, tankless water heater installation near me, best tankless water heater for home, tankless vs traditional water heater, on-demand water heater cost, plumbing services near me, water heater replacement near me, water heater service Troy OH, tankless water heater repair Piqua OH, install tankless water heater Sidney OH, Lochard HVAC services, plumbing installation near me, water heater upgrade services, how much does it cost to install a tankless water heater.

Why Homeowners Are Switching to Tankless Water Heaters

When it comes to upgrading your home’s water heating system, one of the most common questions homeowners ask is: Is it worth putting in a tankless water heater? If you’re tired of running out of hot water, paying high utility bills, or dealing with bulky, outdated tanks, then a tankless system might be the efficient, long-term solution you need.

Whether you’re in Troy, Sidney, Bellefontaine, Piqua, Celina, or Tipp City, understanding the value of this investment can help you make a confident, cost-effective decision for your home.

How Tankless Water Heaters Work

Unlike traditional units that constantly heat water in a large storage tank, tankless water heaters heat water on demand. When you turn on the hot tap, cold water travels through the unit and is heated by either electric elements or gas burners. This process delivers a continuous supply of hot water while reducing standby energy losses.

Key Benefits of Tankless Water Heaters

  • Endless Hot Water: Perfect for larger families or homes with high hot water usage.
  • Energy Efficiency: Many tankless models are ENERGY STAR® certified and can lower your energy bill by up to 30%.
  • Space Savings: Their compact design frees up valuable space in closets or utility rooms.
  • Longer Lifespan: Tankless units typically last 20 years or more—much longer than traditional water heaters.
  • Lower Risk of Water Damage: With no tank to burst, you reduce the chances of flooding or leaks.

When Is It Worth the Investment?

The upfront cost of installing a tankless system is typically higher than a traditional water heater. However, over time, energy savings, increased home value, and extended lifespan make them a smart long-term choice—especially if your current unit is over 10 years old or showing signs of failure.

Homes in West Milton, New Bremen, or Anna with growing families or multi-bathroom layouts especially benefit from the reliable hot water flow and increased efficiency.

For households interested in tankless water heater installation or exploring options for traditional water heater replacement, it’s a good idea to consult with a professional to compare your home’s specific usage and layout.

Installation Considerations

Installing a tankless water heater is not always a simple swap. It may require:

  • Upgrading gas lines or electric systems
  • New venting requirements
  • Additional plumbing changes

However, professional installation ensures that your system runs safely, efficiently, and meets local codes. Lochard’s experienced plumbing team serves Jackson Center, Degraff, Quincy, and nearby areas with full-service water heater solutions.

Looking to Upgrade?

If you’re considering a tankless unit, Lochard HVAC, Plumbing, and Service offers expert guidance and professional installation tailored to your home. Whether you’re looking to save energy, get more hot water, or modernize your home’s plumbing system, we can help you determine the right fit.

FAQs

What is the downside of tankless water heaters?

While tankless water heaters are energy-efficient and provide endless hot water, they can have higher upfront installation costs and may require upgrades to your electrical system or gas line. Some models may also struggle with meeting high simultaneous demand in larger households.

Can I replace my 40 gallon water heater with a tankless water heater?

Yes, you can replace a 40-gallon water heater with a tankless model. However, a professional will need to evaluate your home’s plumbing, hot water usage, and whether modifications are needed for proper installation. It’s a great upgrade if you’re looking for improved energy efficiency and space savings.

How much is a tankless water heater for a 2000 square foot house?

The cost of a tankless water heater for a 2,000 sq ft home typically ranges from $2,500 to $4,500, depending on the model, fuel type (gas or electric), and installation requirements. Factors like the number of bathrooms and hot water demand also impact sizing and price.

What is the life expectancy of a tankless water heater?

Tankless water heaters typically last 15–20 years with proper maintenance—longer than most traditional tank water heaters. Regular descaling and flushing can help prevent buildup and extend the lifespan of the unit.

Why is it so expensive to install a tankless water heater?

Installation costs can be higher because of the need to retrofit plumbing, electrical, or gas systems. Additionally, venting upgrades or permits may be required. However, many homeowners find that energy savings and longevity offset the initial expense over time.

Lochard HVAC, Plumbing, and Service provides reliable tankless water heater installation, maintenance, and replacement throughout Troy, Piqua, Sidney, Bellefontaine, Casstown, and Kettlersville. Let’s help you make a smart investment in your home’s comfort and energy efficiency.

Contact us today to schedule a free estimate!