Are Tankless Water Heaters Worth It?

Written on: June 5, 2023

Propane tankless water heaters offer comfort, efficiency, and convenience

tankless water heater Marshall, ok How old is your home’s water heater? If it’s 10 years old or older, you’re living on borrowed time.

Why wait for your water heater to fail, which will create a lot of hassle and cost and could damage your home, when you can replace it now and gain many benefits? This is an opportunity to upgrade to a high-efficiency propane tankless water heater! Pitmon Oil & Gas installs top-quality propane tankless water heaters, and we have skilled service technicians who will install your new water heater quickly and with minimal disruption.

We’ll also make sure that you secure any rebates your new, high-efficiency propane tankless water heater qualifies for.

One way to see a return on your investment is by saving on energy used for water heating. Since water heating makes up about 20% of your home’s expenses, reducing it by 40% can result in substantial savings. If you want a durable water heater that can last for over 20 years, tankless models might be the ideal option. They are easy to maintain and can provide long-term benefits.

In the future, if you plan to sell your home, a propane tankless water heater can increase the value and appeal of your property.


Conventional storage water heaters operate continuously to maintain a set temperature and ensure that hot water is always available. Due to this, the device consumes more energy as it reheats the water throughout the day and night.

By using a propane tankless water heater, you can save on energy as it only heats water when required. If you switch from an electric water heater to a propane model, you can improve efficiency. The propane model can heat twice as much water per hour as an electric model of equivalent size.


You can’t put a price tag on comfort. However, installing a propane tankless water heater is a great investment in enhancing the quality of life in your home.

You will have continuous access to hot water with no need to wait for it to heat up after someone else uses it. Additionally, you can use the shower while your dishwasher is running without any concerns.

No tank

Without the tank, tankless water heaters are much more compact. They are about the size of a suitcase and, since they are mounted on the wall, you gain approximately 12 square feet of floor space! Their size means they can be installed in closets and laundry rooms. This feature is particularly beneficial for people who either have a small floor area or are building or renovating their house.

Another benefit of not having a tank is that you no longer need to worry about water heater tank failure and the potential damage and expense that can cause.

A fast return on your investment

With proper maintenance, a tankless water heater can last for 20 years or longer before requiring replacement.

Although tankless water heaters have a higher initial cost, they will lead to energy savings almost immediately. On average, you can save about $150 per year on energy costs compared to a traditional water heater. You will recoup the upfront cost difference in about six or seven years and then enjoy over a decade or more of additional savings!

Ready to upgrade to a propane tankless water heater? Contact Pitmon Oil & Gas today to get started!