Three Benefits To Tankless Water Heaters

Many homes are built with a standard water heater, oftentimes placed in the corner of the garage. The option of installing a tankless water heater is one you should consider, as there are several benefits. The tankless style water heater is more energy efficient for homes and might help lower your electric bill within the first month of your upgrade. Here are several reasons why you should consider switching over to a tankless water heater next time you build a new home. 

Less Space Required

Depending on the size of your water heater, chances are that you need a lot of space to keep the tank. With a tankless water heater, there is no storage space required! By simply installing the system beneath your kitchen sink, you are able to free up a lot of space in your garage or attic. By removing the tank necessary to heat your water, you also eliminate the chances of your home flooding. Many leaks from water heaters come from the type with a tank, but without a tank, there can be no leaks! The peace of mind and the space your home saves by going tankless are worth the investment. 

Lower Monthly Bills

Most water heaters are connected to your electricity in your home, so the more water you are using and heating, the higher your bill is going to be. With a tankless water heater, you are likely to see a lower electric bill within the first month of installation. People with hot water heaters have to run their water in the shower or faucet for several minutes before the water heats and gets to where you need it, so your water usage is higher. With a tankless water heater, hot water is available the moment you turn on the hot water, saving you many dollars in your monthly water bill, too. Who wouldn't want to save money by switching to a tankless water heater?

Long-Lasting

Tankless water heaters notoriously last longer than a traditional electric water heater. Due to the longer life expectancy of your new water heater, you can count on less tankless water heater repairs as well. On average, most tankless water heaters last about five to ten years longer than the more common electric water heater. When you invest in the tankless option, saving money and having less opportunity for damage done to the system is sure to be in your future.