If your water heater is due an upgrade, maybe it’s time you took a different approach to your next installation. Many homeowners are choosing tankless water heaters as an alternative solution to the standard water tank you may be more familiar with. Here are four reasons why going tankless could be the best home improvement decision you’ve ever made.

Extra Space

Without the need for a bulky tank, a tankless water heater takes up significantly less room in your home – perfect if space is limited. Given their small size, you can even mount them on a wall, freeing up your floor space for other furniture.

Significant Savings

Tankless heaters are much more energy-efficient than standard water heaters as they only consume energy at the point in time you need it. If you use 41 gallons of hot water or less a day, you can save between 24-34 percent on your bills, and even if your family are heavy hot water users and hit the 86 gallon mark, you can still expect to save around 8-14 percent.

Continuous Supply

How frustrating is it when you’re the last one to use the shower and the hot water has been used up? You can say goodbye to that issue with a tankless heater. It provides you with continuous hot water any time you need it, and it’s available in seconds rather than you having to wait for the water to heat up.

Longer Lifespan

Tankless water heaters last nearly twice as long as a standard water heater – on average, you can expect your tankless heater to be good for 20 years. Their parts are also more readily available, which could potentially extend their lifespan even longer.

These are just some of the reasons why a tankless water heater should be your next investment. Install one today and watch the savings come rolling in.