Tankless water heaters have a wide range of benefits when compared to tank water heaters. Tankless water heaters are powered by either gas or electricity and use heating coils or burners to provide hot water on-demand. Because tankless water heaters only heat the exact amount of water you are using at any one time, they are incredibly economical and energy efficient. A tankless water heater also takes up less space than a tank model, so they can be installed in tight spaces.
Once installed, your tankless heater should have a longer lifespan than tank based models. Since tankless water heaters only heat the water you need at the time you need it, they are much faster at the job than normal models. You’ll get hot water right away! Installing a tankless water heater can even boost the value of your property.