Below, we’ll go over a few of the benefits of tankless water heaters to help you decide if they are right for you.
- Continuous Hot Water – As we mentioned above, one of the key benefits of tankless water heaters is the way they supply a steady flow of hot water. Unlike water heaters with tanks, which need time to heat up a new tank full of water when the water runs out, tankless models heat water as needed, so you will never run out.
- Greater Energy Efficiency – Tankless water heaters are also more energy efficient than standard models, which means they will save you money on your energy bills.
- Longer Lifespans – The average lifespan of a standard water heater (with a tank) is between eight and twelve years. In contrast, a tankless water heater typically lasts at least ten years and up to 20.
- Smaller Size – The last benefit of tankless water heaters that we’ll cover here is their more compact size. A water heater with a storage tank is about five feet tall and two feet wide, but the average size for a tankless model is just 28” high, 20” wide, and 10” deep, which means it will free up more space for you to use for other purposes.