Tankless water heaters have become increasingly popular due to the rising cost of the average bills for families. This is why many households are switching to these heaters which only offer the hot water when needed as they are not made with tanks to hold the water for a long time.
There are some major pros to using tankless water heaters and the biggest one comes with cost control. Since you are heating water on-demand when you actually need it, it will be cheaper to use than regular tank heaters.
The space-saving you get with a tankless heater also needs to be considered. This is increasingly important as most new homes are starting to get smaller, especially in big cities where land is more expensive. This is why you will want to use a tankless heater if you have a small home or a small apartment as you don`t need a dedicated room as you would do with a classic alternative.
Installation is also quite straightforward with tankless heaters. They usually require just connectivity with the water supply and an electricity socket before being used. It`s also true that these devices represent a solid option for people who want to maintain initial investments as low as possible and with extended warranties, the heaters might prove to be a sound financial decision even in the future.
There are few cons to using a tankless water heater. In a world where eco-friendly designs are on the rise, it would be difficult to find a major flaw with tankless heaters. Compared to those with tanks, it would be more difficult to establish if they are indeed not as good.
Even in terms of solar energy alternative, you can still have a tankless system. But if you want to find a negative of these systems is their dependency on gas or electricity. If fossil fuels run low or if the electricity goes out, you will be stuck with no hot water in your home. This is why you need to ensure the area you live in has good gas pressure and no electrical problems before installing a tankless water heater.
Another negative point would be with industrial use, where it would be difficult to find performing tankless heaters in terms of pressure and this is why such devices are more expensive and tend to be used less. But for home users, tankless heaters are a perfect option.
Although it is hard to find a true justification for not using a tankless water heater, these devices are still not as popular as they should be in older homes. New homes tend to be more up to date with the latest technologies and this is why many new properties now come with tankless water heaters. These can also represent a safe solution when you leave on holiday as you can simply unplug the devices or turn the gas off before safely leaving your home even for a long period of time.