When your water heater gets old, the first thought that comes to most homeowners’ minds is a finding a replacement. To worsen the dilemma, you have to choose between two alternatives with their own unique set of rewards. Most people choose the cheaper alternative. However, this may not be a good choice because it might not satisfy all your heating needs. You need to take into consideration installation cost, the longevity of the product and long-term cost benefits. That is why the best choice may be to buy a tankless water heater over a conventional water heater for the following reasons.

  • Consider the Cost

Tankless water heaters are more expensive right off the bat. But they outlast tank heaters by 10 years. Additionally, you’ll save money on your energy bill. It can be difficult to compare the upfront cost with a long-term cost. It’s hard to predict how much money you’ll be saving on your energy bill but tankless water heaters do not experience thermal heat loss .

  • They occupy less space.

Obviously, tankless heaters of water take up a lot less space than tank water heaters. The fact that they’re small makes them easier to install closer to the point of use. For example, a tankless heater can be installed in a closet or under a cabinet. The closer the water heater is to your faucet, the faster you’ll get hot water.

  • They don’t cause flooding

Another great advantage about tankless heaters is that they can’t cause a flood in your home. And many newer units can be controlled via a remote control device. You can even have different hot water settings.

  • They are used as needed and don’t require a tank.

There’s the possibility that you can wake up, jump in the shower then find out that the previous person used all the hot water! Tankless water heaters avoid this problem, since they only heat up water that is needed, which implies there is no need for a storage tank! Additionally, unlike a conventional water heater, you don’t need to wait as the whole tank reheats

  • Rebates & Tax Credits

Some utility companies and governments are giving incentives to customers to change to environmentally-friendly heating systems. Some metro area utility companies are also offering rebates for any installation of tankless water heater.

So if you are in the market for a water heating solution for all your needs and convinience, you should at least consider going tankless.

If you need to replace your hot water tank, call 216-365-0600 or toll-free from anywhere, 877-768-7239 today, and we’ll help you make the best decision for you and your family.