Multi-family Property with two Noritz tankless water heaters
Rebates on tank to tankless water heater upgrades
As an incentive to switch over to a more energy-efficient type of water heater, SoCalGas is offering homeowners a 50% rebate increase up until November 30, 2024 when they switch their traditional tank water heater to a tankless water heater.
Tankless water heaters are now equipped with up to a 25-year warranty while also decreasing utility costs more than traditional water heaters.
Benefits of a Tankless Water Heater:
Instant On-Demand Hot Water
As tankless units create instant hot water, there is no need to worry about running out of hot water. Unlike tank water heaters that are continuously keeping the water inside of the tank hot, tankless units only heat water when a hot-water tap is turned on, providing greater overall efficiency.
Longer Lifespan
Tankless water heaters often last much longer than traditional tank water heaters. With a tank water heater having a 6-10 year lifespan, tankless water heaters are known to have a 15-25+ year lifespan.
Space Savings
With the ability to be installed indoors or outdoors, tankless water heaters are compact and lightweight and are wall-mounted, saving floor space taken up by bulky tank water heaters.
Reduced Risk of Leaks
Without the need to maintain a storage tank full of hot water, there is little risk of a tankless water heater causing potential damage due to leaking out multiple gallons of water