Benefits
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Most Common Concerns re Tradeoffs/ Solutions
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Concern
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Solution
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| 1. |
Space saving: Taking up about
1/8th of the actual space in (cubic feet) of a standard tank
type of water heater. |
1. |
Additional installation
costs: These tend to be four times as much as standard water
heaters. |
These costs are immediately
offset by a $300 tax credit, plus estimated annual savings that
will usually result in full payback of additional installation
costs within 5 years. After the break-even point in 5 years,
the heater will then continue to result in additional savings
via gas and maintenance costs of $5,280 over the course of its
life. Increased installation costs are often immediately
fully compensated for by a corresponding property appreciation
that often exceeds additional installation costs. There
is also an estimated $2,580 savings, when compared to the installation
and operation cost of a standard water heater, after the first
15 years of use. Total estimated savings resulting from
a Takagi installation, over the course of its 30 year typical
lifetime is a net $5,280.00 savings!!! |
| 2. |
Energy saving: Using up to
2/3rds less gas by eliminating both a standing pilot, and
a reservoir of hot water that must be constantly heated. Associated
energy savings generally enable payback for additional installations
costs in 8 to 10 years. |
| 3. |
Double to Triple life span: Lasting
an average of 30 years, approximately two to three times the
service life of a standard tank type of water heater. |
| 4. |
Endless hot water:
Never running out of hot water, no matter how many back to
back showers may be taken. |
2. |
Thirty second additional
wait time: Wait time for hot water is increased by approx.
30 seconds. |
When this small additional
wait time is balanced against the value of never running out
of hot water while showering, customers usually are willing to
make the trade. Still, it is a good practice to advise prospective
customers of this small additional wait time before making a
sale. |
| 5. |
Tax credit: A $300 federal
tax credit is offered to anyone who installs one of these. |
3. |
Hot water 'trickling to be avoided:
Very slow hot water flow rates under .5 gpm will not trigger
the unit into action, and will not result in hot water production. |
This aspect of tankless
water heaters is only experienced by a small percentage of people
who like to run a very small trickle of hot water. Again,
most users view this minor disadvantage as well worth the benefit
gained by never running out of hot water. |
| 6. |
Property value appreciation:
Realtors have found that these water heaters generally pay
for themselves in associated appreciation of property values. |
| 7. |
Best solution for extra large
tubs: Rather than installing two or three standard water
heaters in series, a single Takagi water heater is capable of
easily filling any extra large tub, jacuzzi or spa. |