Let’s take a look at the advantages of tankless water heaters. Most of these advantages listed below are when compared against a conventional storage type water heater.
- No Tank: As the name of these heaters suggest they don’t have a tank which stores water and this reduces the size of these heaters to a great length. Hence the tankless water heaters are really compact in size and are easily mountable on a wall.
- Instant hot water: Tankless water heaters are also called as instant or continuous flow water heaters as they supply hot water as and when you require it. Most of the branded tankless water heaters have an output rate of around 10 gallons per minute. So you never wait for your hot water with a tankless heater installed.
- Demand-based water heater: Tankless water heaters are equipped to detect your water requirements and heats the water accordingly. Whereas a conventional water heater will be heating and re-heating the water irrespective of requirements. This demand-based water heating capability largely reduces the heat and energy loss incurred in re-heating of the water. This feature makes the tankless water heaters highly energy efficient compared to a conventional water heater.
- Durability: Conventional water heaters are built to have a life-span of 10-12 years. On the other hand, tankless water heaters are sturdily built that they have a life-span of around 20 years. This will definitely make up for the initial cost incurred in setting up the heater.
- Most of the tankless water heaters come with a Federal Tax rebate of 300$ and you can save up to 40% on your water heating bills.