A faucet running hot water

What You May Have Missed About Hot Water Heaters in 2023

In 2023, water heaters underwent significant changes that can benefit homeowners. These new water heater standards offer homeowners a unique opportunity to save money on their energy bills. While there may be a slightly higher upfront cost, the long-term savings and reduced environmental impact are well worth it. Additionally, homeowners can qualify for federal tax credits, which vary. So, it’s essential to consult with your tax professionals. 

This blog will delve into tankless water heaters, help you choose the right one, and compare them to traditional water heaters. Additionally, we’ll introduce two exclusive offers from Bishop Plumbing, Heating & Cooling, that can save you up to $750 on a new tankless water heater and up to $500 on any size high-efficiency water heater.

Tankless Water Heaters: Efficient and Convenient

Traditional water heaters always keep water hot in a tank, which can waste energy. In contrast, tankless water heaters heat water only when you need it. When you turn on the hot water tap, the tankless unit quickly warms the water, ensuring you never run out of hot water.

Choosing the Right Tankless Water Heater

To make an informed choice for your hot water needs, follow these steps:

  1. Determine Your Hot Water Usage: Calculate your household’s hot water consumption.
  2. Assess the Maximum Flow Rate: Add up the flow rates of all your hot water devices to determine the capacity your tankless water heater should handle.
  3. Consider Your Location: Recognize that the water temperature in your area impacts how much your tankless water heater needs to heat. Keep this in mind when selecting a unit.

Considering these factors, you can choose a tankless water heater that caters to your specific hot water needs while providing energy-efficient performance.

Installation and Maintenance

Proper installation and regular maintenance are essential for tankless water heaters efficient and reliable operation. Consult with our professional plumber to ensure the correct installation and maintenance, as these units may require additional considerations, such as electrical outlets and ventilation systems.

Pros and Cons of Tankless Water Heaters

Before choosing between tankless and traditional water heaters, consider the following pros and cons:


  1. Energy Efficiency: Tankless water heaters provide on-demand hot water, reducing energy waste and potentially lowering utility bills.
  2. Endless Hot Water Supply: Tankless units ensure a continuous hot water supply, eliminating concerns about running out during peak usage.
  3. Space-Saving Design: They are typically smaller and can be wall-mounted, freeing up valuable floor space.


  1. Higher Upfront Cost: Tankless water heaters are generally more expensive to purchase and install.
  2. Limited Flow Rate: They may struggle to meet high hot water demands if multiple appliances are used simultaneously.
  3. Additional Installation Requirements: Tankless units may necessitate extra electrical outlets, upgraded gas pipes, or ventilation systems during installation.

Unlock Savings and Reliability with Bishop Plumbing, Heating & Cooling

Upgrade your water heater with professional advice and assistance from Bishop Plumbing. We offer significant savings to help you make an informed decision that aligns with your energy efficiency and hot water needs. You can save up to $750 on a new tankless water heater and save up to $500 on any high-efficiency water heater. By taking advantage of these incentives, you can offset the initial investment of a more efficient water heater, and your utility bills will significantly decrease over time.

For a reliable and efficient water heating system, contact us at (847) 908-9770 to explore your options and enjoy the benefits of these savings. Make the right choice and experience a comfortable home.

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