(Newswire.net — January 31, 2015) Roswell, Georgia — Atlanta Tankless Water Heaters has assisted many Atlanta homeowners in receiving the rebate available for replacing an electric water heater with a natural gas tankless water heater through Atlanta Gas & Light. Combined with aggressive financing options from FTL Financing this produces a net zero cost for Atlanta homeowners who replace their electric water heater with a tankless water heater.
An electric water heater costs approximately $781 per year to run. (See http://waterheatertimer.org/How-much-does-it-cost-to-run-water-heater.html) About $65 per month of your homes energy costs are attributed to the heating and reheating of the water in the tank of your electric water heater. AtlantaTanklessWaterHeaters.Com is pleased to announce it has partnered with FTL Financing to provide a a zero down, interest free, same as cash financing plan to provide immediate financing for Atlanta homeowners facing an unexpected hot water heater failure or who simply want to change out to tankless while the $500 rebate is still available. “The average monthly payment through FTL Financing is $50.59 per month, which is less then what it costs to run a traditional tank electric water heater each month.
This makes the cost of tankless water heaters more affordable for homeowners with a 10 – 12 year old water heaters who are facing a 78% statistical certainty of water heater failure this year.
According to the Insurance Institute for Business & Home Safety, “Water heater failure is one of the top five sources of residential water damage….If you think your water heater is no in risk, keep in mind that 69% of all water heater failures result from a slow leak or a suddent burst.”
Atlanta Tankless Water Heaters has been serving the Atlanta are by providing tankless water heaters at a lower cost of purchase and operation over the ten year life expectancy of traditional hot water heaters.
“Most people ignore their water heaters until they stop producing hot water or rupture and flood their homes. Often they aren’t financially prepared for the expense of that failure. With the arrangement we have with FTL Finance, we can step in right away and provide them a tankless solution that will never flood their home, literally within a matter of hours.” said J. Marie Kenny of Atlanta Tankless Water Heaters.
“We finance between $1,000 and $35,000 with terms of 24-84 months and offer a 12 month, same as cash, 0 interest plan where the homeowner can either pay the entire amount of the credit issued penalty free at the end of the 12 months, or enter into one of our finance lease or revolving credit card products” said Melissa Hyatt, Senior Account Executive, FTL Finance.
“When most people think of tankless water heaters, they have two concepts that are wrong. The first is that they provide instant hot water at every faucet or shower head. They don’t unless you have added a tankless compatible recirculation pump. They provide endless hot water. The second concept that’s wrong is that they are so much more expensive than traditional tank hot water heaters. That’s simply not true. Certainly if you call an Atlanta plumber for a hot water heater repair or replacement at the point that the hot water heater has failed and flooded your home, you will probably receive plumbing estimates that are at the higher end of the market value for that hot water heater replacement. Panicked homeowners in the middle of a flooded basement or other finished area of their home have been known to way overpay Atlanta plumbers for hot water heater repairs and replacements. We’ve been shocked to see estimates that were for thousands of dollars more then what a realistic tankless water heater installation costs in Atlanta, which is between $2,000 and $3,500″ said Ms. Kenny.