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FPL on Tankless vs. Tank Hot Water Heaters

Phil Tornelli is a Business Energy Survey Program Manager with over 30 years of experience helping a wide range of customers from small- and medium-sized businesses to large manufacturing facilities reduce their energy costs and improve energy efficiency.

Question: Are tankless water heaters better than traditional water heaters?
– Felix G., Miami

Answer:
Thank you for asking this question, Felix. In today’s cost-conscious society, any way to save energy and money should be explored. The cost-saving benefit of replacing a conventional electric water heater with a tankless electric heater is often overestimated. The energy savings from eliminating the heat losses through a typical insulated storage tank is around $20 to $30 annually. Tankless water heaters (sometimes called instantaneous water heaters) don’t have a water storage tank and therefore water has to be heated much more quickly as it passes through a compact heating unit and typically requires an upgraded electrical circuit to handle the extra power.

Now, there is an attractive alternative to tankless water heaters called a heat pump water heater (HPWH) which requires no electrical upgrades and can save up to approximately $175 annually on water heating costs. Modern heat pump water heaters which take up no more floor space than conventional heaters are reliable and available from several familiar manufacturers with warranties of around 10 years.

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About the Author

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Eric Strand is a highly experienced master plumber and the owner of Water Heating Experts LLC, a reputable plumbing company based in Palm Beach Gardens, Florida. With over two decades of industry expertise, Eric has established himself as a trusted professional in the field of plumbing and water heating services.

Eric began his plumbing journey in Colorado in 1995, where he obtained his master plumber license. His dedication to his craft and commitment to delivering exceptional workmanship quickly earned him a stellar reputation among clients and colleagues alike. Throughout his career, Eric has consistently demonstrated a strong work ethic, attention to detail, and a passion for providing reliable and efficient plumbing solutions.

In 2004, Eric expanded his professional horizons by acquiring a certified plumbing contractor license in Florida. This enabled him to bring his extensive knowledge and expertise to the vibrant plumbing market in the state. Recognizing the growing demand for specialized water heating services, Eric established Water Heating Experts LLC to cater to the unique needs of residential and commercial clients in Palm Beach Gardens and surrounding areas.

Prior to founding Water Heating Experts LLC, Eric also owned and operated DesignerPlumbingOutlet.com. Through this venture, he gained valuable insights into the plumbing industry and developed a deep understanding of customer preferences and the latest trends in plumbing fixtures and accessories. This experience further enhanced his ability to provide comprehensive and customized plumbing solutions to his clients.

As the owner of Water Heating Experts LLC, Eric Strand continues to lead his team of skilled professionals in delivering top-notch plumbing services. From water heater installations and repairs to plumbing system maintenance and emergency plumbing assistance, Eric and his team are known for their prompt response, technical proficiency, and dedication to customer satisfaction.

Eric's commitment to excellence extends beyond his business endeavors. He actively stays up-to-date with the latest advancements in plumbing technology and techniques, ensuring that Water Heating Experts LLC remains at the forefront of the industry. Additionally, Eric maintains strong professional affiliations, regularly participating in industry associations and fostering collaborations with other plumbing experts.

With his impressive track record, Eric Strand is regarded as a reputable and reliable authority in the plumbing industry. Whether it's resolving complex plumbing issues or providing expert advice on water heating solutions, Eric's expertise and customer-centric approach make him a go-to professional for all plumbing needs in Palm Beach Gardens, Florida.


  • […] Tankless hot water heaters have been the choice of energy conscious consumers over the past 15 years. The new trend is hybrid hot water heaters that combine tankless technology with a tank. Which is better? I’m vote Hybrid/Heat pump style hot water heaters, especially in warm humid climates. Update: FPL weighs in on the issue and the Heat Pump Hybrid wins with them as well, read more here. […]

  • GENTLEMAN!

    I AM TRULY INTERESTED IN A HYBRID WATER HEATER ! MY ELECTRIC BILL HAS DOBLE AND I AM AFRAID ITIS BECAUSE OF THE OLD WATER HEATER IN MY CONDO! I NEED YOUR HELP PLEASE ???!

    MARÍA DINÁ

  • Does FPL offer rebates for converting from a conventional electric water heater to a heat pump water heater?

    Thank you!

  • I bought an 80 gallon hybrid and loved it. I never crunched the numbers but I would guarantee I saved money. The hybrid is the way to go if you know you will be in your home long-term. Another benefit is it blows out the cool air and made my garage comfortable.

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