If you’re considering a new hot water system for your home, you may be wondering if switching to a tankless system is a good choice. Tankless hot water heaters possess many distinctive and unique advantages over their storage tank counterparts. This article will take a look at five of the biggest advantages of choosing a tankless hot water system.
Lower Energy Consumption
Tankless hot water heaters are more energy-efficient than their storage tank counterparts. While this means you can feel good about doing something positive for the environment, it also means that you’ll see a meaningful and noticeable reduction in your energy consumption. This reduced consumption will also carry over to your energy bills. With the rising cost of energy, cutting down on energy usage could be an important consideration. In the long term, the returns from having a tankless hot water heater could mean that the system could start paying for itself.
Unlimited Hot Water
Tankless hot water heaters provide an unlimited supply of hot water to any home they’re installed in. This is made possible by the fact that a tankless hot water system only heats water as it is being used. While having an unlimited hot water supply may only seem like a negligible benefit when looked at in isolation, the year-round comfort provided and the reliable access to hot water in the event of an emergency cannot be understated.
Tankless hot water heaters lack a storage tank component, which means they’re much smaller than conventional water heaters. This means that there’s a lot of versatility and choice in where the system can be installed, as you won’t need to have a big space in your garage or backyard available. This discreteness also means that you won’t need to compromise on the aesthetics of your home, as a tankless hot water heater will usually blend in seamlessly to any room where it’s installed.
Tankless hot water heaters typically have a longer lifespan than storage tank heaters. A storage tank heater will typically need to be replaced every 10 years or so. While replacement tank systems are relatively inexpensive, making time to have the tank replaced can be a nuisance, and just because the lifespan is around 10 years on average, this doesn’t mean the storage tank heater will work dependably for those 10 years. Tankless hot water heaters typically outperform the lifespan of their storage tank counterparts, sometimes by as much as 10 years. The systems are also known for being highly reliable and rarely fail during their lifespan.
Tankless hot water heaters simply can’t leak like storage tank heaters. Lacking the storage tank component means any risk of leakage from the storage tank is eliminated. In most cases, a leaking storage tank is a mild inconvenience and can usually be fixed promptly, however, in more severe cases, storage tank leaks can cause water damage and flooding to the home. A tankless hot water system is therefore a much safer choice for occupants compared to storage tank heaters.