A conventional tank storage water heater can be affordable and reliable. However, they’re less convenient to use and require more energy to operate than today’s tankless models. As more people upgrade their heating equipment, you may wonder whether an on-demand water heater is right for you. This guide outlines three signs your home will benefit from a new tankless heater.

You Have Limited Space

A traditional water heater comes with a storage tank as large as 60 inches tall and 24 inches wide. These units can be so bulky that they take up room you could otherwise use for storage or a larger living space. Tankless water heaters are about the size of a small suitcase and are light enough to mount on a wall. These units offer potential space savings up to 15 square feet, making them ideal for smaller homes or those with little available storage space.

You Want to Save Time

With traditional heaters, you need to wait for the storage tank to fill before you can use the hot water. A tankless water heater, on the other hand, creates hot water when you need it. As you turn on the tap, cold water travels through a pipe into the unit and is heated by either a gas burner or an electric element, giving you instant hot water.

You Want to Conserve Energy

Traditional heaters waste energy by keeping the storage tank warm all day for a continuous reserve of hot water. Tankless heaters only consume fuel when in use. The Department of Energy estimates that tankless heaters are up to 34% more efficient than conventional models. Because they only heat up when needed, they don’t waste energy keeping stored water warm.

If you’re planning to replace your water heater, you can rely on the local plumbers at Powell Plumbing & Pumps in Wisconsin Rapids, WI, to provide you with affordable, high-quality services. In addition to water heater installation, they provide sump pump repairs and septic system maintenance to ensure your home is clean and comfortable. Call them today at (715) 325-2050 or visit their website for more information.