When it comes to the advantages of a tankless water heater, everyone is well aware of the two main ones. You won't run out of your hot water, and you'll save money by not paying to heat a large tank of water that needs to be ready to go. However, there are more benefits of tankless hot water heating that you may not be aware of.
Smaller Risk Of Flood Damage
One of the big problems you can have with a traditional hot water heater is that the tank runs the risk of having a hole form in it, which can cause the entire contents of the tank to empty out on your floor; this can ruin a finished basement and wood floors, as well as create quite a big mess that needs to be cleaned up.
You won't have this problem if a tankless model breaks down. The unit simply stops working until you can have it repaired by a plumber.
Better For The Environment
Are you concerned about the impact your home is making on the environment? Opt for an electric model rather than a gas powered one. You'll have a hot water heating solution for your home that doesn't produce any greenhouse gases. You only use electricity when you are actively heating water, which means much of the day the unit is not using any electricity.
Smaller Footprint In Your Home
Hot water tanks are huge. You must dedicate a large amount of space to them in your home. If your hot water heater is in your basement or your garage, you probably won't appreciate the small size of a tankless hot water heater. However, you may have a hot water heater on the main floor of your home if you have neither of these places; this means getting back some much-needed storage in a closet that was consumed by a hot water heater.
Does it feel like you just replace your hot water tank? That is because you probably did. The traditional units don't last for very long, getting you 8-12 years out of the appliance before it needs replacement. Know that upgrading to a tankless model means that it will have a much longer lifespan. The units are expected to last at least 20 years. While the tankless unit will cost more money, it could pay for itself by requiring less frequent replacement.