Providing several benefits to homeowners, tankless water heaters are:
- Convenient: Using a gas or electric heating element to warm water, tankless heaters offer an endless supply of hot water. Families won’t have to worry about scheduling bath times or using hot water from several sources at the same time.
- Long-lasting: Most tankless water heaters last up to 20 years. Considering that most tank heaters last 10 to 15 years, 20 years is a huge jump up in the lifespan of a water heater. In addition, flooding is not a risk if a tankless water heater ruptures.
- Eco-friendly: Saving customers about 40 percent on utility bills, tankless water heaters use less water. On top of that, tankless water heaters often come with a federal rebate of around $300.