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What are the advantages of a tankless water heater versus a traditional hot water heater?

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What are the advantages of a tankless water heater versus a traditional hot water heater?

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Tankless water heaters, which are also called instantaneous or demand water heaters, provide hot water only when needed. As a result, there is no hot water storage necessary. Tankless water heaters can result in energy savings because you do not need to continually heat and reheat stored water. The initial cost of a tankless water heater is more than a traditional version; however, the monthly cost savings can pay for the initial investment in a relatively short time. Depending on the size and source of energy, a tankless water heater can save anywhere from 10 to 70 percent when compared to the energy costs of a traditional water heater. Depending on the home configuration, hot water usage and required BTU’s, a tankless water heater may not be the right choice. Please feel free to discuss this option with one of our technicians.

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