Tankless Water Heaters are becoming a much more popular choice, especially here in the Northeast- where rates are higher. Tankless Water Heaters are different than the traditional Water Heater because they only heat water on demand, rather than storing water unused.
Meaning you only pay for the hot water you actually use.
Therefore, saving hundreds on energy costs. Also, tankless water heaters have a much more extensive lifespan than traditional water heaters. Tankless Water Heater installation can be more expensive than a traditional water heater. Fortunately, most tankless water heaters qualify for hundreds of dollars worth of rebates.
