Most traditional water heaters maintain a large volume of water at a constant heated temperature stored in a holding tank. This consumes a great deal of energy during periods of time when it is not in use. Comparatively, a tankless water heater goes into action the moment you require hot water, which is heated instantly as it travels through the heating system, being delivered continuously and on demand.
Since it only consumes energy when being actively used, it is an economical and environmentally friendly option for your home.
Not only will a tankless heater save you money on your energy bills, it will also save valuable space within your home since these systems do not require large holding tanks like their traditional counterparts do. This can free up some space in your basement for extra storage, or a kid’s play area.
Another feature that makes these new, more modern heaters very popular is the fact that it is virtually impossible to run out of hot water. It only takes a few consecutive showers to deplete a traditional heater’s tank. Afterwards, it is necessary to wait until the tank’s contents are heated once again before you can access hot water. With a tankless system, the supply is continuous and plentiful.
Tankless hot water systems have proven to be more durable than traditional systems. Reports indicate that they can last as much as 10 years longer. Therefore, they can be the wisest investment from a longer-term perspective, despite their higher initial cost.