You are probably used to seeing that big bulky hot water tank in your basement or mechanical room. Tankless Hot Water heaters are becoming increasingly popular in newer and renovated homes. A Tankless Hot Water heater heats the water in your home only when hot water is called for by turning on a tap, starting your dish washer or using your washing machine. The hot water is "on demand" rather than continuously heated.
Pros of a Tankless Water Heater:
⁃ If you find that you frequently run out of hot water with your current Hot Water Tank, that is not something you need to worry about with a Tankless Heater. The water is only heated when there is demand for it and it is essentially instant!
⁃ They are small and won’t take up all of the space in your mechanical room.
⁃ They are safer! Because the water is not stored in a big bulky tank, they will not leak and flood your basement.
⁃ They have a longer life span than a hot water tank if you keep up with annual maintenance. The more typical hot water tank will last around 7-10 years whereas the Tankless Water Heater can have a life span of up to 20 years when properly maintained.
⁃ They are more energy and cost effective because they are not always calling for gas to heat a tank full of water. They can reduce your heating and electricity / gas bills.
⁃ Some Digital Tankless Water Heaters are wifi compatible. You can adjust the temperature and monitor water and gas usage all from your phone. Wifi connected heaters can also let you know when you need regular maintenance or if there is a problem with the unit. Some can identify the problems for you, taking the guess work out of diagnosing and fixing a problem.
