Tankless water heaters are gaining in popularity for a variety of reasons, including the fact that they do not take up much space and are located on a wall, which means if you have a basement or other area that experiences occasional flooding, you will not have to worry about having to replace your water heater. There are many pros and some kinds of tankless water heaters, but ultimately, the best water heater for you is the one that works for your situation.

3 Pros of Tankless Water Heaters

Saves Energy and Money

Tankless water heaters can actually save you money throughout their lifespan. They may be more pricey to purchase initially than regular electric or gas water heaters, but overtime, they will save you money because they are more energy efficient in the way they operate and their lifespan is about 20 years, which can be significantly longer than traditional water heaters.

More Efficient

Tankless water heaters are much more energy efficient than traditional water heaters because they do not store water like traditional systems do, so they are spending less energy on constantly heating in maintaining your hot water supply since it produces instant hot water on demand.

Environmentally Friendly

Since tankless water heaters use less energy and are more efficient than traditional ones, they are much more friendly to the environment since they utilize less energy. They only heat the water as it is needed instead of constantly keeping a water supply hot for whenever you need it. Also, if you are away from your home for a week or two on vacation, your tankless water heater system uses way less energy than a traditional system would be to continually keep water hot.

3 Cons of Tankless Water Heaters

Hot Water Needs

Tankless water heaters heat water on demand and instantly. This means you will never run out of hot water but, if you use a very large amount of water for certain blocks of time, it may not work that well for you to have a tankless water heater. Very large families could face many challenges with this type of system if everyone uses it at once in the mornings or while getting ready for school and work. A plumbing professional can assist you on if your current hot water usage will be too much for this system to handle.

Seasonal Issues

If you live in an area of the country that has very cold winter temperatures, a tankless water heater system might not be the right one for you. This is because when groundwater sinks to lower temperatures during the winter time, tankless water heaters will then take longer to heat on demand, which will leave you waiting for enough hot water for what you need to do.

Water Heater Location

Before you purchase a tankless water heater, you need to consider how and where your current water heater is installed. You could quickly incur an excessive amount of installation costs if your current water is placed in a location, then your new tankless system will need to be installed. This will require more help from plumbers as well as electricians and other contractors to move electrical wiring or gas lines.

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