Tankless water heaters have recently gained a substantial amount of popularity in the country. Their utility lies in homes with many family members or homes with a high demand for hot water is exceptional. Homes that have a hot tub installed or have a spa system are usually in need of a good tankless water heater. But before you go ahead, it’s essential to know everything about it. Not only will this help you save time and money but also increase the value of your home.

Tankless water heaters save space
Having free space in the house is one of the major concerns for many families. So, to ensure that at least your water heater does not take up much of your space, tankless water heaters are the best option for you. These heaters have a relatively smaller footprint, which allows you to have a lot of free space in your garage or home. These heaters remain mounted on the wall and thus, free up a lot of ground space. They also do not come with a large storage tank that usually takes up a lot of space in the house. In fact, some types of tankless water heaters come with the convenience of outdoor installation. This lets you have a lot of free space inside your home.

Tankless water heaters are energy-efficient
Most traditional heaters that work on gas, have a 67% operational efficiency. In the case of water heaters, efficiency can be measured in terms of the transfer of heat from the source of energy to the hot water. On this basis, tankless water heaters operate at an efficiency level that is higher than 80%. What allows these heaters to work with such efficiency is the fact that they do not keep heating, cooling, and then reheating the water constantly. Also, when compared to tankless water heaters, the efficiency levels of traditional water heaters keep depreciating with time, as sediment starts building up inside the tank. This problem does not arise with tankless water heaters. This allows the customer to save anywhere around 30 and 60% on heating costs.

Tankless water heaters ensure there is adequate hot water
With tankless water heaters, you will never have to worry about running out of hot water again. When you have a traditional water heater installed in your home, the entire supply of hot water is stored inside one tank. But with a tankless water heater, you can keep heating the water as and when needed. You can also heat as much water as required and hence, have hot running water in your home all the time.

They’re low-maintenance heaters
Water heaters can demand a lot of maintenance. In fact, in certain regions, the servicing of water heaters needs to be done every six months. But when you have tankless water heaters installed in your home, you no more have to worry about the maintenance. Varying on your demand for hot water, tankless water heaters can keep functioning in full throttle for approximately four to five years without demanding any maintenance. However, if you live in a region where hard water is supplied, an annual cleaning procedure of the heater is still recommended. This can be a normal mineral cleaning procedure to remove all the sediment that might have developed near the heating elements of the heater. You can perform this cleaning procedure at home with the help of a vinegar solution. All you have to do is flush the heater with a vinegar solution for about 60 minutes and then remove any leftover sediment. It’s that simple!

They increase the resale value of your home
In several cases, the installation cost of tankless water heaters is recovered by the homeowners. Having such a water heater installed in your home increases the resale value of your property; thus, you can benefit a lot from this appliance.

They last longer
The life of a traditional water heater is anywhere between eight to 12 years. However, a tankless water heater can have a lifespan of 20-30 years. The material used to create these water heaters is usually of high quality. This makes them less prone to rusting and leaks that can happen over time. When a water heater with such a long lifespan is installed in your home, you can have your installation costs recouped in a short time with all the annual energy cost savings.

They are available in different types
Users can choose from multiple types of water heaters. Usually, these heaters are available in three types:

• Non-condensing
  These are the heaters that heat the water as per the user’s demand, which makes them extremely useful. And they can even reach up to the efficiency factor of 0.82 to 0.85. The technology used in these water heaters has been a proven success in various European nations and Japan. One of the biggest advantages of having these water heaters in your home is that they are reliable and have minimum manufacturing problems.
• Condensing
  The second generation of this type of water heaters, they guarantee the efficiency of up to 94%. In these units, a secondary heat exchanger is installed after a primary heat exchanger. The secondary heat exchanger enables the reusing of the heat from the exhaust to heat the water. This procedure allows for high efficiency in this type of tankless water heaters.
• Condensing hybrid
  These are the third generation of tankless water heaters and were discovered in the country. These water heaters come with an Efficiency Factor of 0.92 to 0.96. These units are less expensive and can have a relatively lesser lag in supplying hot water to the tap or appliance.