Hot water is a necessity in all homes. Do you have to wait for hot water? Is your water heater giving you an increasingly limited supply of hot water? Do you have to make more frequent Hot water Repair calls? All these may be signs that your tank water heater needs a replacement and an upgrade with its tankless counterpart. What are on-demand tankless water heaters and what are their benefits? Find out in this guide.
What is a Tankless Water Heater?
You should choose a tankless water heater if you need quick access to hot water and at a steady rate. This is why it is also known as on-demand water heater. As the name suggests, there is no tank for storing heated water. Since hot water is not stored, there is no standby energy loss.
There are two types of tankless water heaters:
- Whole-house water heaters
- Point of use water heaters
As the name suggests, the point of use tankless water heater is smaller in size and supplies hot water to no more than a couple of outlets. Propane and electricity are the two common types of power sources used for these heaters.
Benefits of Tankless Water Heater
There are many advantages of installing tankless water heaters in your home. Some of the most notable ones are as follows:
1. Access Instant Hot Water
These water heaters can provide a steady stream of hot water and they can do this almost instantly. There is no need for having a bulky storage tank in your home.
2. Save Space
As already mentioned, these water heaters don’t require a large water storage tank and are compact in design. They can be easily mounted on walls in places where you want to keep them out of sight, such as the basement. This can especially matter more for you if you have a smaller home.
3. Always Hot Water
If your home has heavy hot water usage, it is common to be in situations where you run out of hot water. When you install a tankless heater, everyone in your home will have equal access to hot water. There is no tank that gets emptied.
4. Longer-Lasting Water Heater
When compared to a tank-based water heater, a tankless unit can last twice as long. So, when you choose this type of water heater for your home, you will be making a long-term investment. Since there is no need to store water, there is no risk of the tank deteriorating over time. This also reduces the need for frequent repair or the need to call a Sydney Plumber. This further brings down the cost of ownership.
Thus, there are many ways in which you can benefit from installing a tankless water heater. These units can cost more than their tank-based counterparts, but the cost of operation and ownership are lower. They are also more energy-efficient and eliminate standby energy loss. You can also choose between electric and gas models and the units come with longer warranties.