Why Use Tankless Water Heaters?
As mentioned earlier the key advantage of tankless hot water heaters is that they avoid the energy losses associated with hot water storage tanks that keep hot water on standby. Some major metro area utility companies are even offering rebates for installation of a tankless water heater. You will need to check with your utility company. And you may even be eligible for an Energy Tax Credit. Since Tankless Water Heaters only heat the water as it is actually used, using a tankless water heater will typically result in saving 20 – 70% off your energy bill. And, of course, the other advantage is that you won’t run out of hot water any more, like you do with water storage tanks that you need to wait while the whole tank reheats.