Tankless water heaters are becoming increasingly popular because they provide you with an endless supply of hot water. This represents a major upgrade from traditional storage tanks which can supply you with only so much hot water at one time. Tankless systems are also typically a lot more long-lasting. Traditional water heaters will usually last for up to 15 years before they begin to decline and perform a lot less optimally. A tankless water heater has roughly double the lifespan of a traditional water heating system. Opting for a tankless unit means that you won’t have to worry about replacing it for an extra 10 to 20 years.
Your monthly utility bills are also going to be lower with a tankless system. That’s because they are much more energy-efficient, which means that you will save hundreds of dollars every year. Tankless systems also take up a lot less space than a traditional storage tank, which can be extremely bulky and unwieldy. Installations are also a breeze: all the installer needs to do is mount them on the wall in your basement in a place where you won’t even notice it. This can be incredibly beneficial for anyone who lives in a smaller home and needs as much space as they can get.
You will also no longer lose hot water to any idleness in usage. With a traditional storage tank, the system has to reheat the water constantly just to ensure that the hot water is available to you when you need it. This will obviously drive up your energy costs and it puts a lot of unnecessary demand on your heating system.
The biggest reason why everyone is opting for a tankless system is that they have reliable access to hot water and never run out of it. Once your storage tank contains no more hot water, you have to wait for it to fill up again and produce more hot water. This can be incredibly frustrating for anyone living in a household with four or more people where everyone is taking showers right after each other. A tankless system ensures that everyone gets to take a nice hot shower right when they need it the most. You will no longer have to rely on there being hot water in reserve.
With tankless systems, you have the option of an electric or gas model. Most tankless units are gas-powered, but you can still find plenty of electric models on the market. However, with a tankless water heater that relies on gas, you may need to perform some pricey and difficult alterations by rerouting your gas lines. You can easily avoid all this by purchasing a tankless unit that doesn’t use gas. Furthermore, with tankless water heaters, you will usually receive a long warranty from the manufacturer. If something happens to your unit, you won’t have to pay for any repairs or a replacement. Many warranties last up to 20 years, which is the average lifespan of a tankless water heater.