5 Benefits Of A Tankless Water Heater & Why You Need One

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Can’t decide between a traditional water boiler or a tankless water heater? We’re here to help! While most people don’t consider their water heater when renovating their homes, it does play a key role in the overall feel of a home. Having an instant supply of hot water gives your home warmth, comfort, and the opportunity to run yourself a bubble bath whenever the mood takes you. Yet the choice of installing a tank or tankless water heater doesn’t really come to mind until your morning shower turns ice-cold or you suffer a leak. Installing a tankless water heater can eliminate this problem completely, but it also comes with a wide range of additional benefits that you might not be aware of. So, at Your Dream Home Improvements LLC, we’ve put together the top 5 reasons you should opt for a tankless hot water heater for your dream home.

Tankless Water Heater - Reasons To Install One

Most older properties in the U.S. tend to have large tank-style water heaters, but these days, investing in modern technology to heat your home and ensure your family has a steady supply of hot water is a must. While a tankless water heater can mean never having to experience the drama and stress of a water tank leak, it can also be more economical and safer for you and your loved ones. So, let’s discuss into the 5 main reasons most homeowners now go tankless when heating water at home.

1: Energy Saving & Cost-Effective

Homeowners are constantly on the lookout for cost-saving ideas, and there is no better way to save cost than to install a tankless water heater. Although the cost of installation is higher than a tank storage water heater in comparison, there is the advantage of having a water heater with a longer useful life compared to a tank-style water heater.

A tankless water heater has a life expectancy of over 20 years, while a tank-style water heater lasts from 8 years to 12 years.

Aside from the potential cost savings from constant repairs from leakages and damages, there are also cost savings from electricity bills. A tankless water heater does not require intensive and constant use of electricity like a tank-style water heater, which utilizes energy all the time to keep the water in the tank hot and readily available for use whenever it is needed. Irrespective of their usage, tankless water heaters are energy efficient and have low operating costs.

2: Space Saving Installation

If you don’t have much room at home to install a large tank-style water heater, no problem; a tankless water heater can neatly fit into almost any room or corner. And let’s face it, there is nothing a homeowner likes better than creating space for other home improvement projects like storage rooms, extra rooms, extra cabinets, and lots more. A tankless water heater takes up little to no space, and this gives a homeowner the much-needed space to introduce other dream features into his or her home.

3: Instant Hot Water Supply

A tankless water heaters have the ability to provide a constant supply of hot water as long as your use is below the maximum allowable flow rate. This means you can enjoy the comfort of washing your hands in warm, soapy water after being outside, washing your face in the sink in the morning with a warm splash of water, or running a late-night bubble bath to relax before drifting off to sleep. Who doesn’t want this level of convenience?

4: No Toxic Metals

If water quality is a concern for you, then choosing a tankless hot water heater is best, as it won’t have the same exposure to toxic metals as a traditional tank-style water heater has. Since a tank is made from metal and the water inside can corrode the surface of the tank, you have a heightened risk of being exposed to toxic metals. Remove the tank, and you no longer have to worry about this health concern at home.

5: You Never Have To Worry About Your Tank Exploding

Last but not least, we come to the risk of explosion. With a tankless water heater, there is zero possibility of the tank exploding because there is no tank compared to a tank-style water heater, which requires a temperature and pressure relief valve that opens to release pressure in order to prevent tank explosion.

Now you know the top 5 reasons to install a tankless water heater, wouldn’t you rather install one and save yourself the hassles associated with a tank-style water heater?

Tankless Water Heater Pros & Cons

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Tankless Water Heater Pros:

  • Instant Hot Water – After the cold water flushes out, they can provide an unending supply of hot water.
  • Lifespan – A conventional hot water heater can last up to 10 years. Tankless water heaters can last double that.
  • Lower Monthly Cost – Tankless water heaters are 22% more efficient than standard models. This can lead to hundreds of dollars of savings at the end of the year.

Tankless Water Heater Cons:

  • Variation in Temperature – The temperature will vary from room to room when multiple outlets are used at the same time.
  • Higher Initial Cost – The traditional hot water heater will cost you around $500. The least inexpensive tankless hot water heater will start out around $1000. This can be out of the budget for most people.
  • No Power, No Hot Water – Tankless hot water heaters can’t provide hot water during a power outage. This is one area where traditional hot water heaters come out on top. Even in a power outage, the traditional hot water tank can hold hot water for days. Now, there are other options, such as a power bank, solar panels, or a generator. Any of these options will still give you the on-demand hot water you want.

Final Thoughts On Installing A Tankless Hot Water Heater

Tankless water heaters are by far one of the best ways to heat your home and provide you with warm and hot water even during the cold winter months. Although they can often cost more upfront, tankless water heaters will save you money on energy bills in the long run, eliminate the possibility of water leaks, and prevent the buildup of bacteria that conventional water heaters with tanks can create. They also have an outstanding lifespan and are very simple to install. A tankless water heater is one of the best improvements that you can make to your home.

Contact Our Team Now

Are you in need of a professional to help you with home improvement and repairs?

At Your Dream Home Improvement, we have made it our life purpose to help you transform your property into your dream home! We bring interior design and home renovation ideas to life with an unmatched level of customer service. Whether you need a new tankless water heater to keep your home warm and comfortable or a complete home renovation to unlock precious space for your family to grow, call us now for a free quote and consultation. We look forward to hearing from you!