If you’re on the fence about making the switch to a tankless water heater, here are a few points to help you decide if it’ll be worth it.
On-Demand Hot Water
Tankless water heaters are also known as instantaneous water heaters, and for good reason: They are able to supply hot water on-demand, whenever you need it. Gone are the days of running out of cold water in the middle of your shower, or waiting a few hours for your tank to refill and reheat before running the dishwasher: hot water is available to you at any time.
Energy Efficient
By far the most popular benefit to having a tankless water heater is its energy efficiency. Since water heaters only use electricity on demand, they aren’t running up a huge electricity bill—saving you money while also being more environmentally friendly (especially if your electricity source is renewable). In fact, despite its high upfront cost, a tankless water heater will pay for itself in a couple of years thanks to lower energy bills and a long lifespan.
Easier Maintenance
Because tankless water heaters are, well, tankless, maintenance is significantly easier than it would be for a traditional tank heater. You also don’t have to worry about issues like tank corrosion or water damage, which may be a weight off your mind. Tankless water heaters are also easier to repair or replace if something does go wrong.
However, it’s still necessary to perform maintenance at least yearly in order to keep your water heater in tip-top shape. While you can easily perform this maintenance yourself, a professional plumber can also get it done in no time flat.
Saves Space
Regardless of the size of your tankless water heater, the unit is still guaranteed to be smaller than an entire tank-style heater. If you’re short on space or simply want to free up some extra spots for storage, changing to a tankless water heater will save you plenty of room.
Longer Lifespan
With regular maintenance, tankless water heaters can last as long as 20 years—a significant return on your investment. In comparison, a tank-style water heater will only last between eight and 12 years, even with maintenance.
