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Is A Tankless Water Heater Right For Your Home?

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In recent years tankless water heaters have become increasingly popular among homeowners. In fact, more and more new homes are now being constructed using tankless water heaters rather than traditional water tanks. However, this does not mean that a tankless water heater system will be the best option for every home. Taking the time to review the advantages and disadvantages associated with these systems can help answer the question of whether or not a tankless water heater is right for your home.

The Advantages Of A Tankless Water Heater

On-Demand Supply 

Tankless water heaters work quickly to heat and deliver the hot water you need on an on-demand basis. This can eliminate the issue of running out of hot water in your home due to the limited capacity of your water storage tank. 

Lower Energy Bills 

Since tankless water heaters do not store hot water for later use, there is no reason for your hot water supply to need to be reheated throughout the day. This can lower your energy bills by reducing the amount of energy it takes to ensure you have access to hot water whenever you need it.

Minimal Space Required 

Tankless water heaters are easily mounted on the wall since there is no need for a bulky storage tank. This means that far less of your living space will need to be dedicated to your water heater system.

The Disadvantages Of A Tankless Water Heater

Limited Gallons Per Minute

Since there is no capacity for storing hot water when using a tankless water heater, you will only have access to as much hot water as the system is capable of producing at any given time. This can be a problem if you require more hot water than the number of gallons per minute that your system can provide. For instance, if you often use more than one shower at a time for all of your family members, you may experience a dramatic reduction in water pressure as your tankless water heater struggles to make enough hot water to meet the high demand. 

Higher Upfront Cost 

Tankless models often cost considerably more than traditional hot water tanks. This can be a very important factor to consider if you are on a tight budget.

The Bottom Line

If you are tired of running out of hot water in your home or are looking for a way to reduce the costs associated with producing hot water for your home, the installation of a tankless water heater could provide the solution you are looking for. To learn more about these systems or to get an estimate for the installation of your hot water heater, be sure to reach out to a licensed plumber in your area.