There are many benefits to tankless water heaters:
- the water is heated only "on-demand" so no energy is wasted keeping a large tank of water hot and ready to use
- most of the 20%-30%"passive energy loss" (in pipes, etc.) is avoided;
- on average, tankless systems cost one third less to operate;
- tankless water heaters have an average life expectancy of 20 years, while traditional water heaters last 10-15 years; and
- tankless water heaters are powerful, but compact--most can be wall mounted inside or outside the home.
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