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Nothing beats a hot shower after a long day at work, particularly if you live in a cold area.

The most instrumental part of accessing your hot water is the water heater, often tucked away from sight. Many homeowners don’t give it a second thought after its initial installation. Unfortunately, a traditional tank system takes a while to supply heated water and is highly inefficient.

If your old water heater is giving you issues, you may look at tankless water heaters as a potential replacement. These heaters replace the existing tank-type heater and provide hot water as required.

In this article, we have compiled a list of five benefits you can reap if you invest in a tankless water heater. So, shall we begin?

5 Benefits Of Tankless Water Heaters

1. They Save Space

If you have an old conventional water heater, you’ve probably noticed that it takes up a lot of space. You likely have space dedicated solely to the heater that could’ve been used for other purposes. You must also purchase the correct size traditional water heater with a sufficient tank.

By installing a tankless water heater, you will be freeing up a lot of that area. The size of a typical tankless water heater is comparable to a small suitcase, making it easy to fit in your utility space. And if needed, you can mount the heater on the wall to free up even more floor space.

The small size of tankless water heaters enables them to be installed anywhere, from a closet to your garage or basement. Their space-saving design can be pretty valuable if you’re short on room and need to maximise the usable space in your home.

Small Water Heater Garage

2. They Provide Hot Water On-Demand

Once you start the tankless water heater, you don’t need to wait for it to heat water. That’s why they’re known as “On-Demand Type Water Heaters”. This quality is usually lacking in storage water heater models, where you would have to wait a few minutes for the water to heat up.

The tankless unit warms up water as it is used, saving you a lot of time. You will have access to an endless hot water stream, something a storage water heater can’t achieve.

3. They Are Highly Energy-Efficient

Woman Showering Tankless Hot Water Unit

Tank water heaters warm up about 180 litres of water at once and store it in a storage tank. These models consume power periodically to keep the water hot, which can quickly rack up energy costs. Not only is the energy efficiency low, but it can also lead to wasted water because of increased pressure inside the storage tank.

Tankless water heaters face no such issues; they only heat the water when the faucet is turned on. And since they take mere seconds to provide an endless supply of hot water, they consume less power, leading to no wasted water. You’ll save money on electricity bills and conserve water using tankless systems.

When scouring the market for a tankless heater, you may come across models with an energy star rating. This is the hallmark of the new system being highly energy-efficient and saving you money on utility bills.

4. They Last For A Long Time

Traditional tank heaters have a life expectancy of up to 10 years, which is good enough. But when compared to tankless water heaters, they may fall a bit short.

On average, a tankless hot water heater will last about two decades, double the life expectancy of a tank heater. If you’re not planning on switching houses anytime soon, a tankless water heater can be a permanent fixture in your home.

Even if you switch homes, their compact nature and low installation hassle mean you can easily take them to the new place. However, with storage water heaters, this isn’t easy.

5. They Are Safe To Use

Traditional storage water heaters have been known to overheat and, in extreme cases, explode due to heat build-up. This makes them quite hazardous to the well-being of your family and your home, which is far from desirable.

Additionally, hot water stored in tanks may leak, which can cause significant damage to the area surrounding the heater. Hard water, in particular, can cause a lot of water damage to the floor and walls adjacent to the water heater.

Tankless water heaters are much safer in comparison. Since they hold very little water at a time, there is no risk of pressure build-up in them. As a result, the chances of a tankless water heater exploding are pretty low.

Disadvantages Of Installing A Tankless Water Heater

Testing Hot Water Bath

1. High Installation Costs

Tankless water heaters need new venting and gas lines to be installed, which add to the base installation cost of the heater itself. It may be a bit pricey, but the water and energy savings can offset this.

Over time, you will recoup the initial expenditure through your savings on the bills.

2. Limited Water Output

In a large household, multiple connections may require hot water. You could have a dishwasher, a washing machine and a shower connected to the heater.

If these sources require more hot water simultaneously, the tankless water heater may have trouble ensuring a consistent hot water supply. This can leave a source or two with lukewarm or cold water while also causing the device to strain.

You may need multiple tankless water heaters for large households to keep up with the hot water requirements.

Why You Should Upgrade To A Tankless Water Heater

You’ll want to ensure your water heater lasts long without giving out unexpectedly. And where conventional water heaters may fail in some aspects, tankless heaters excel in others.

Tankless heaters take up less space, are energy-efficient, and reduce water wastage while being quicker in heating water up. The ability to provide hot water on demand alone makes tankless units quite desirable. If you live in a small or medium-sized home, your plumber can easily work any limitations accompanying a tankless hot water heater around.

Looking to make the switch to a tankless heater? For all your water heater and plumbing needs, get in touch with WP Plumbing. Our licensed professionals are capable of tankless water heater installation, repair and servicing tankless water heaters at an affordable cost. As well as installing water heaters, we also offer emergency plumbing services for low-pressure or no hot water problems.

Want to learn more about your new tankless water heaters? We have a complete guide on maintenance tips and tricks to ensure you can enjoy endless hot water!

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