Tankless water heaters, or water-on-demand systems, are much more efficient than traditional storage tank water heaters since they only heat water when you ask for it. Storage tanks have to constantly heat the water to keep hot water stored.
Aside from being much more efficient to operate, tankless water heaters offer many other advantages when compared to storage-style water heaters:
- Mount on the wall and take up much less space
- Longer lifespan than storage tanks
- Offer endless hot water
- Can run multiple faucets without losing hot water
- Longer warranty than storage tanks
- Provide hot water at your faucet more quickly