While tankless water heaters have been on the market for a little while now, they are just beginning to rapidly grow in popularity due to the recent increases in technology. Now tankless – also known as on-demand – water heaters are popping up in households all over the world, and even more people are beginning to buy them as they go further down in price
If you’re trying to decide if the tankless water heater is right for you, we recommend taking a look at the benefits below so you can really know what you’re getting yourself into. This way you can decide if you want to purchase an on-demand water heater yourself.
No Wasted Energy
Probably the most important reason to install a tankless water heater in your home is so you no longer have to waste energy 24/7. If you have a traditional tank water heater you have no option but to leave it running all the time. However, a tankless model is only powered on whenever hot water is needed. This ensures you never have to waste excess energy, thereby saving you money every month on your electric bill.
Another reason to get a tankless water heater is because they have a much longer lifespan than their tank counterparts. While the normal lifespan of a tank unit is around 10 to 15 years, an on-demand model will usually last for 20 years or more. This essentially means that there is one less major payment you have to make around every 10 years or so. I don’t know about you but this is a lot of money in my household.
Constant Hot Water
One of the disadvantages of using a tank style water heater is that you’re limited to using only so much hot water at a time. This is because once you use all the hot water in the tank than the water heater is forced to repeat water all over again. The amount of time this will take varies from unit to unit, you can usually expect it to be cold for around 20 to 30 minutes. I’m sure you’ve experienced this before when you’re taking a hot shower and suddenly the water turned cold.
While in that instance you had a tankless water heater installed in your home then you would’ve never had to suffer the chilling touch of cold water. This was one of the main reasons that we decided to install a tank with water heater in our home as we often have relatives come over around the holidays and the use of all the hot water.
If you go out and take a look at the tank water heater in your garage (or wherever it’s installed) you’ll notice that it takes up a lot of space. Well many homes don’t have a whole lot of room to spare, so being able to install a small unit on the wall definitely helps save a lot of space that could better used for other things.
If you prefer you can even install your unit in a cabin or closet if you don’t have any other place to put it. Or if you have a point-of-use tankless water heater then it’s possible to even have it fit underneath your sink if it’s small enough.
Some people even prefer to keep their tank water heater and install a tankless model in the bathroom. If the main reason you’re installing a tankless unit is so you no longer have to deal with cold showers then you may want to consider this as a viable option.
No Risk of Flood Damage
While this may not be a common problem, some homes do experience flood damage when a tank decides to rupture. Luckily tankless water heaters don’t have a lot of water stored in one place. Instead, water is left in the pipes awaiting for the next time you decide to turn on your water.
Overall, we believe these five benefits make using a tankless water heater well worth the investment. If you’re considering buying a tankless water heater then we recommend browsing the reviews at Simply Tankless to find the best model that fits your home.