Benefits of a Tankless Water Heater

When it comes to our home, we’re always looking for ways to improve our living and ultimately save money on our bills. Most people find that opting for a tankless water heater is a valuable upgrade. However, there are some individuals that are unsure if a tankless water heater is suitable for their home. If this sounds like you, here are the benefits of installing a tankless water heater.

It’s energy efficient

Tankless water heaters are energy efficient since they only heat water that is needed while water heaters with a tank continuously heat water. By heating water in this way, tankless water heaters can reduce energy usage by about 24-34%.

It will reduce your bills

Due to the fact that a tankless water heater is energy efficient, this means that it will help significantly reduce your water bill. For other ways to reduce your bill, our article on How to Reduce Your Water Bill may be of help.

It has an extended life span

For long term homeowners, installing a tankless water heater will be the best choice since they can last longer than a traditional water heater. A tankless water heater approximately lasts 5-10 years on average, and if it’s properly maintained, it can last up to 20 years.

You don’t have to wait for hot water

If you install a tankless water heater, you won’t have to wait for hot water. Tankless water heaters will produce hot water quickly whenever you need it while its counterpart will only heat water one tank at a time.

It will save you space 

Tankless water heaters will also give you more space since the average size of one is almost the same as a shoe box. If you need more space in your home, it’s best to opt for a tankless water heater. Their small size means you can store more household belongings that you don’t want out in the open.

It’s safer

Traditional tank water heaters can sometimes overheat, which can result in the water heater exploding if it’s alarmingly hot. Due to this, homeowners with children are sometimes worried about safety. However, if you install a tankless water heater, this is less likely to happen since they only hold a small amount of water. It is also unlikely that a tankless water heater will leak because of this.

These are the benefits of installing a tankless water heater, which hopefully helps you to decide whether a tankless water heater is suitable for your home. For enquiries about water heaters, don’t hesitate to consult our plumbing and heating services from our list here.

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