Francis Plumbing & Heating
Ottawa's Home Comfort
Specialist
(613) 224-0041
Saving Money with Tankless Hot Water We have received so many calls from homeowners in the Ottawa region asking if it is true about saving $200 or more per year on their gas bill... here is how that amount is calculated. Savings #1 - LESS GAS USED Your old hot water tank ran 24 hours a day every single day - this means you were constantly cooking hot water just so you would have it when you needed it (even if you went away on holidays). With a tankless it only turns on WHEN you use hot water. If you are not using it, it remains OFF. Since the average home in Ottawa has 2 adults and 2 children - and the average person takes a 20 minute shower each day - that translates into 1 hour and 20 minutes per day usage. Most people wash clothes in cold water these days so you only add to it the 3 minutes of hot water your dishwasher uses and we are still under 1 and a half hours total per day for a family of 4. The tankless unit when running uses a lot of gas to operate in order to get cold water hot instantly - but it doesn't run unless you want hot water. So the average savings per home in Ottawa equals 56 cents per day or more which equals $200 or more per year. Since the tankless lasts 20 to 25 years that means you will save over $4,000.00 just in gas use in the life of that tankless unit.... that is more money saved than the cost of the unit fully installed. Savings #2 - STOP RENTING The average home owner is paying $24 per month to rent a hot water tank that is terribly inefficient (less than 62%). That means $288 a year - and it goes up 2% to 4% every year with inflation costs. What does that equal in 10 years (the average life of a hot water tank)? The answer based on the smallest annual increase (2%) is:
That is based on a 2% increase but we know that our rental rates have been going up semi annually not annually and the increase is usually more than 2%. Here is something you may not know - you can buy a tankless system fully installed for LESS than $3,000 Or you can continue to rent - you get the rentor to replace the hot water tank you have (since you only get 10 years on average out of one hot water tank). So if you keep renting (again at 2% increase)....
So now you have spent over $6,997.65 in rental fees plus you have over paid on gas $4,000.00 more than you needed to. That means if you continue to rent you will spend at least $10,997.65 MORE than you needed to... Just think what $10,997.65 would mean to you...
Did I mention what this means to the environment?? The tankless unit saves 2 POUNDS of carbon PER DAY over a standard gas hot water tank. This means 730 pounds of carbon saved per year. In 20 years you will have saved 14,600 pounds of carbon on the environment. The government is asking citizens in Ottawa to take the 1 ton challenge - reducing their carbon foot print by 1 ton of carbon. Just by going tankless you save 14,600 pounds of carbon (that's over 7 tons!). So why isn't everyone going tankless? Because NOT all tankless units work in Canada - so many people are buying online now and they are ending up with tankless units that are designed for the southern states (meaning they work great if your ground water is always 22°C - but in Canada our winter ground water can get as cold as 5°C which means these units simply wont create hot water). To learn which tankless units to look for be sure to get our free tankless guide.
Francis Plumbing & Heating is offering a FREE Tankless Buyers Guide as our way of promoting green energy alternative living. Whether you buy from us or someone else we want to make sure that you are getting the information you need to make an informed decision and to make sure you get a tankless water heating system that will actually work in Ottawa.
Included in our FREE Tankless Buyers Guide is:
Call today to schedule a free in home estimate and find out if a tankless water heater is the right solution for you... 613-224-0041
Click on any categories below to learn more about each of the many heating services we offer by licensed & insured plumbers, gas fitters & hydronic specialists: |
Community Notice
Plumbing Protection Devices paid by government
Beware door to door hot water tank salesmen!
Helping our neighbors through education & tips
Proud Canadian Family Company Since 1933.
Your questions & suggestions are appreciated as it allows us to address the needs of you our neighbor.
Licensed, insured, experienced and guaranteed *
Only with Francis Plumbing can you enjoy a lifetime of discounts with a single small fee. See our Lifetime Service Agreement for details.
www.FrancisPlumbing.com