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How much is saved if a Noritz tankless water heater is used instead of a storage tank?

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How much is saved if a Noritz tankless water heater is used instead of a storage tank?

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The California Energy Commission estimates that a water heater uses approximately 25% of all energy consumed by any household. Using a Noritz tankless water heater will allow a home to use up to 50% less energy for water heating, which can cost up to hundreds of dollars per year.

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