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Why Should You Upgrade to a Tankless Water Heater?

upgrade to tankless water heater

Are you tired of running out of hot water during your morning shower or paying for a tank of hot water that’s half-empty? It’s time to consider an upgrade—specifically, a tankless water heater. More efficient, cost-effective, and longer-lasting than their traditional counterparts, tankless systems are becoming increasingly popular among Fairbanks homeowners.

Dive into our Prospector Plumbing And Heating Installation Guide to discover more about this advanced heating solution and how it can benefit your home. Let’s decipher the complexities associated with installing a tankless water heater and unveil how making such an investment could turn out to be the hottest decision you make this year!

Upgrading to a Tankless Water Heater

If you are constantly running out of hot water in the middle of a shower and yet dealing with hefty energy bills, it might be time to consider upgrading to a tankless water heater. Unlike traditional water heaters that store and constantly heat a large volume of water, tankless water heaters, also known as on-demand water heaters, heat water only when it is needed. The process is simple: cold water enters the unit, passes through a heat exchanger, and exits the unit as hot water. This innovative design comes with several benefits that make upgrading to a tankless water heater a wise investment.

Imagine never again having to wait for the hot water to return after someone has used up all the stored hot water for their long showers. With a tankless system, you can enjoy ample hot water whenever you need it most, whether it’s for bathing, doing laundry, or filling up a large bathtub.

  • According to, tankless water heaters can be 24%–34% more energy efficient than traditional storage tank water heaters for homes that use 41 gallons or less of hot water daily.
  • A study conducted in 2019 found that nearly 94% of customers reported satisfaction regarding the efficiency and consistent hot water supply provided by tankless water heaters.
  • The U.S. Department of Energy states that tankless water heaters can last up to 20+ years, approximately twice as long as traditional water heaters.

While energy efficiency and an endless supply of hot water are undoubtedly significant advantages of upgrading to a tankless water heater, there are additional benefits worth considering. Let’s explore some more advantages to making the switch.

Why Go Tankless: Advantages

In addition to energy savings and an unlimited supply of hot water, tankless water heaters offer several other advantages. 

Compact Size

One notable advantage is their compact size and space-saving design. Traditional storage tank heaters can be quite bulky, taking up valuable floor space in your utility room or basement. In contrast, tankless models are sleek and compact, easily mounted on walls or installed outdoors, freeing up space for other purposes. It’s like replacing an outdated desktop computer that occupies half your desk with a sleek and space-saving laptop, giving you more room to work or relax.

Longer Lifespan

Another advantage of going tankless is their longer lifespan compared to traditional water heaters. While storage tanks typically last around 10-15 years, tankless models can last up to 20 years or more with proper maintenance. This extended lifespan not only saves you money in the long run but also reduces waste by minimizing the need for frequent replacements. Additionally, many manufacturers offer warranties ranging from 10 to 20 years for tankless water heaters, providing homeowners with added peace of mind and potential savings on repair or replacement costs.


Furthermore, tankless water heaters provide exceptional versatility. With their precise temperature control settings, you can customize the water temperature to your preferences seamlessly. Additionally, they can be installed in various areas of your home due to their compact size and flexibility. 

Beyond these immediate financial benefits, there are also potential long-term environmental and sustainability advantages associated with upgrading to a tankless water heater.

Reduce Carbon Footprint

Tankless water heaters contribute to reducing carbon footprints and environmental impacts. By only heating water when needed, they minimize energy consumption and subsequently reduce greenhouse gas emissions. This eco-friendly aspect not only aligns with the growing global focus on sustainability but may also qualify homeowners for potential tax incentives or rebates.

Economic Advantages

Tankless water heaters offer not only a superior hot water experience but also several economic advantages in the long run. While the upfront cost of installation may be higher compared to traditional tank-style heaters, the economics of tankless water heaters make them a worthwhile investment.

With tankless models, water is heated on demand as it flows through the unit. This design eliminates standby heat loss entirely and results in significant energy savings over time.

Saves Floor Space

Due to their compact size and wall-mounted installation, tankless water heaters save valuable floor space compared to bulky storage-tank models. This feature makes them ideal for small homes or apartments where space is limited. They can be mounted on walls or installed in small spaces, freeing up valuable square footage in your home. This additional space can be utilized for storage or other purposes, increasing the overall value and functionality of your property. In turn, this could have positive implications for the resale value of your home should you decide to sell in the future.

Longer Warranties

Additionally, most tankless water heaters come with longer warranties than traditional units. This extended coverage provides peace of mind and potentially saves money on future repairs or replacements.

Prospector Plumbing And Heating’s Installation Service

When it comes to upgrading to a tankless water heater, you want a reliable and experienced plumbing service provider that can ensure a smooth installation process. Look no further than Prospector Plumbing And Heating! With our reputation for excellence and commitment to customer satisfaction, we are the go-to choice for tankless water heater installation.

At Prospector Plumbing And Heating, we have a team of certified plumbing experts who specialize in installing tankless water heaters. We have extensive experience working in Alaska’s cold weather conditions, making us well-equipped to handle any challenges that may arise during the installation process. Our technicians undergo rigorous training and stay up-to-date with the latest installation techniques and industry standards.

Let’s say you’ve decided to upgrade to a tankless water heater to enjoy the benefits of energy efficiency and endless hot water. When you contact Prospector Plumbing And Heating, our friendly customer service team will guide you through the initial consultation process. We will ask about your specific needs, evaluate your existing plumbing system, and recommend the most suitable tankless water heater for your home or business.

Once you’ve selected the right unit, the Prospector Plumbing And Heating team will schedule a convenient appointment for the installation. On the day of installation, our skilled technicians will arrive promptly at your location with all the necessary tools and equipment. We will take the utmost care not to disrupt your daily routine or cause unnecessary inconvenience.

During the installation process, our experts follow industry best practices to ensure a successful and efficient setup. They will properly connect the new tankless water heater to your existing plumbing system, making sure that all connections are secure and leak-free. They will also integrate any required venting systems and perform thorough testing to guarantee optimal performance.

tankless water heater

Understanding the Installation Process

Installing a tankless water heater may seem like a complex task, but with some basic knowledge, you can better understand the process and make informed decisions. Let’s break it down step by step:

  1. Site Assessment: Before installation, a trained technician from Prospector Plumbing And Heating will assess the location where the tankless water heater will be installed. They will evaluate factors such as available space, proximity to gas or electrical connections, and ventilation requirements.
  2. Removal (If applicable): If you are replacing an existing water heater with a tankless model, the old unit will need to be safely removed. Prospector Plumbing And Heating’s technicians will handle this step efficiently and dispose of the old unit properly.
  3. Connection Preparation: The technician will ensure that gas or electrical connections are in place and meet the specific requirements of your chosen tankless water heater. This may involve upgrading or modifying existing connections.
  4. Mounting: The tankless water heater will be securely mounted on a wall or other suitable surface using appropriate brackets or hangers. Proper mounting ensures stability and compliance with safety regulations.
  5. Piping Installation: The technician will connect the water supply lines and install necessary valves and fittings to ensure proper flow and control. They will also establish connections for hot water distribution throughout your property.
  6. Venting Configuration: Depending on whether you have a gas or electric tankless water heater, appropriate venting systems must be installed to safely remove combustion gases or excess heat generated during operation.
  7. Testing and Inspection: Once all connections are made, including gas, water, and electrical if applicable, Prospector Plumbing And Heating’s technicians will thoroughly test the tankless water heater to ensure proper functioning and verify that there are no leaks or malfunctions. They will also conduct a final inspection to confirm compliance with safety codes.
  8. Customer Education: After completing the installation, the technician will provide you with detailed instructions on how to operate and maintain your new tankless water heater. They will address any questions or concerns you may have, ensuring that you have all the information needed for optimum performance and longevity.

Maintaining Your New Tankless Water Heater

Congratulations on upgrading to a tankless water heater! This decision not only brings you numerous benefits but also requires some additional attention to ensure its optimal performance for years to come. Regular maintenance is key to keeping your new tankless water heater in excellent condition.

One of the advantages of a tankless water heater is its longevity compared to traditional tank-style heaters. With proper care, a tankless water heater can last up to 20 years or more. To maximize its lifespan, here are some maintenance tips to adhere to:

Firstly, it’s essential to descale your tankless water heater periodically. Over time, mineral build-up from hard water can accumulate inside the heating element, affecting efficiency and overall performance. The frequency of descaling depends on the hardness of your water and manufacturer’s recommendations. You can hire a professional plumber like Prospector Plumbing And Heating to handle this task or do it yourself by following the manufacturer’s instructions.

Secondly, check and clean the inlet filter regularly. This filter prevents debris and sediment from entering your water heater and potentially causing damage. If the filter becomes clogged, it can reduce water flow and lead to poor performance. Refer to your owner’s manual for guidance on how to access and clean the inlet filter properly.

Additionally, consider flushing out your system once a year. Flushing helps remove any remaining sediment or buildup that may have accumulated within the unit. This process ensures efficient operation and helps maintain the heater’s warranty coverage.

Another crucial aspect of maintenance is inspecting the venting system regularly. Make sure there are no obstructions or blockages that could cause improper exhaust ventilation. Proper venting prevents harmful gases like carbon monoxide from building up indoors. Any concerns regarding venting should be addressed promptly by a qualified professional.

Lastly, keep an eye on any signs of leakage or unusual noises coming from your tankless water heater. Water leaks, strange sounds, or error codes may indicate a problem that requires immediate attention. Contact a professional plumber to diagnose and resolve any issues before they escalate.

By following these maintenance practices for your tankless water heater, you can ensure its longevity, efficiency, and uninterrupted hot water supply. Remember that regular inspections and upkeep are key to getting the most out of your investment.

Final Words

In conclusion, upgrading to a tankless water heater can have a substantial long-term financial impact. The energy efficiency, extended lifespan, space-saving design, and potential environmental benefits make them an attractive choice for homeowners looking to save money in the long run. Consider reaching out to a professional plumbing service like Prospector Plumbing and Heating to discuss your specific needs and explore the options available in your area.

Ready to enjoy the benefits of an upgraded hot water experience? Look no further than Prospector Plumbing And Heating, your trusted partner for top-tier tankless water heater solutions in Fairbanks, North Pole, Alaska, and surrounding areas. Our certified plumbing experts specialize in seamless tankless water heater installation, maintenance, and repair, ensuring that you have access to endless hot water while reaping the rewards of energy efficiency and long-lasting performance. 

Discover the advantages of going tankless with Prospector Plumbing And Heating today. Make the switch and experience the warmth of a better choice!