We are big advocates for tankless water heaters at Reliance. Installing a tankless unit in a house is a great way to cut down on energy costs—keep in mind that a home’s water heater consumes more power than almost any other appliance. Tankless water heaters also save space, last for years longer, and have the benefit of never running out of hot water.
There are downsides to tankless water heaters compared to more traditional water heaters, however. One is the initial cost of installation. A tankless water heater can pay back that initial cost in a few years, but it can present a barrier for some homes. In addition to the price tag, tankless water heaters can’t always be simply snapped into place after taking out the home’s older water heater. The home may need several plumbing and electrical upgrades to accommodate the new water heater. We’ll look at several below.