Saturday, April 12, 2008

Why Switch To A Tankless Water Heater?

Whether you are looking for an energy efficient water heating solution for a new house, or looking at repairing or replacing an old hot water storage tank, this is an ideal time to review your options.

Before you rush into fixing your old unit or buying a new hot water storage tank, take a minute to consider switching to a tankless water heater. There are many reasons why tankless water heaters are a sensible solution.

Save on Energy Costs

With rising gas and electricity costs, who wants to heat up a whole tank of water and have it sitting all day, continually cooling and requiring reheating?

A tankless water heater provides heated water on demand. In other words, it heats the water only as and when you need it. Tankless water heaters avoid the energy losses associated with storage tanks that keep hot water on standby. This is because tankless water heaters only use electricity or gas when the hot water is flowing or the tap is turned on.

Using a tankless water heater will typically result in saving 20 - 70% off your energy bill.

Hot Water That Never Runs Out

With tankless water heaters you won't run out of hot water any more, like you do with water storage tanks where you need to wait while the whole tank reheats. Whenever you need more hot water, you have it, instantly!

Environmentally Friendly

More and more people are realizing the importance of caring for our environment. Careless wasting of resources and energy is destroying our planet. Its a waste of energy to heat all the water in a storage tank if you probably wont use most of it.

Rebates & Tax Credits

Some governments and utility companies are now providing incentives to people to change to environmentally-friendly water heating systems.

Some major metro area utility companies are offering rebates for installation of a tankless water heater. You will need to check with your utility company.

And some governments will provide you with an Energy Tax Credit.

So if you are looking for a water solution thats really hot, go tankless.

David Goldsmith is a freelance journalist who would like to see the planet last a little while longer and help you to save on your energy bills. For more information on tankless water heaters, visit http://www.Tankless-Waterheating.com

Bad Credit Personal Loans - Meet Your Needs With Easier Finance

If you have a bad credit history, there is still an opportunity for you in taking a new loan. The loan market place is full of lenders who are more than willing to provide bad credit personal loans. These are specifically made to people who have one or many cases of late payments, arrears, payment defaults, CCJs or IVAs and therefore are refused loans from elsewhere.

Through personal loans, bad credit borrowers are able to meet their requirements towards variety of purposes like home improvements, wedding, holiday tour, debt consolidation or buying a car.

Bad credit people can borrow money under personal loans in secured or unsecured options. Secured personal loans require bad credit borrowers to pledge any valued property as collateral. These loans are offered against home, vehicle, jewelry, valued papers etc. all you have to do is to place collateral in accordance of borrowed amount. This implies that a home will give greater amount of loan as against lower borrowings against a vehicle.

Usually secured bad credit personal loans range from 5000 to 75000. Your repaying ability and credit history will determine as to how much you would be approved for. But even a greater amount can easily be repaid. Lenders approve 5 to 30 years of repaying duration for the loan. So, you can choose to repay as suits to your financial ability. Moreover, these are source of lower rate loans which further makes the loan easier to repay.

Unsecured bad credit personal loans are meant for tenants or non-homeowners as these loans are approved without collateral. Homeowners also are eligible for the loan. But interest rate on these loans goes higher. Loan amount ranges from 5000 to 25000 with a shorter repaying duration of 5 to 15 years.

For competitive rate on personal loans, bad credit borrowers should prefer taking loan from online lenders, who are also known for less costly processing of the loan application and for timely approval as well.

Tim Kelly is an expert in finance having completed her LLM in Finance (Master of Laws in Finance) from Institute for Law and Finance at Frankfurt University. She is currently working with Information Personal Loans as a financial advisor. To find bad credit personal loans, personal loans, personal loans UK, online personal loans, cheap personal loans, you need visit http://www.information-personal-loans.co.uk