There are few people so woeful than those who lose hot water in the middle of the shower. Or can’t take a hot bath in their fancy, new, deep tub because they don’t have enough hot water to fill it.
Yes, these are “first world problems,” but they are a common complaint among homeowners. Not having enough hot water is on the top of the list of reasons why people are choosing tankless water heaters over more traditional options.
Every pro knows a tankless water heater, also called an “on demand” water heater, provide an unlimited amount of hot water when you need it. It’s tankless because there’s no tank, and no stored hot water.
Why are these units having a moment on trend right now? Let’s take a look at this growing trend in more detail to find out.
Tankless pros
Why are people choosing to replace their older models with tankless? Here are some good reasons.
Unlimited hot water. Filling up that deep tub for a long soak? No worries. Gather your favorite novel, light a few candles and pour a beverage knowing the water will be as warm as you want it to be.
Energy efficiency = better for the planet and your wallet. According to the U.S. Department of Energy, tankless water heaters are about a third more energy efficient than older models for an average household, depending on usage. This makes it an attractive option for people who are environmentally conscious and for those who want to save a few bucks on their energy bills each month. You’re using less energy, which is better for the planet and for your wallet. Because of the energy savings, these units can pay for themselves in a few years.
More compact. Gone are the behemoth boilers and water heaters. Tankless water heaters are small, which means you’ll save space.
Long lifespan. Some reports show that tankless water heaters have longer lifespans than traditional models, mainly because of the efficiency of operation and the fact that water isn’t sitting inside of them.
Tankless cons
Are there any downsides? Here are a few.
Higher upfront costs. In general, tankless water heaters tend to cost more than tank-style units. If people are on a strict budget, this may be a barrier. However, because of their energy efficiency, the higher costs will be offset by savings on energy bills… but that will take a while.
No power = no hot water. Because you don’t have any hot water stored in the tank, and because these units run on electricity or gas, if your power goes out, you won’t have any hot water. If you lose power regularly, this might be a major concern.
Demand issues. If you’re filling up your tub in one bathroom, someone else is taking a shower in another, and somebody turns on the dishwasher, you may have trouble with having enough hot water, and pressure, to handle all of that usage at once.
Bottom line? Tankless hot water heaters are having a moment right now for good reason. They’re energy efficient, provide hot water on demand and save space. They do have a few downsides, so the decision to switch is up to the homeowner, their lifestyle and their needs.
