Global sales of tankless water heaters are expected to double in the next decade, with more than 50% of the market tankless by 2020, including big inroads in North America and elsewhere.
Tankless water heaters are a smart and convenient way to save space in your home and can even help you save on energy costs – but how do they work and are they right for you?
For starters, what the heck is a tankless water heater? In short, it’s a heater that replaces the existing tank type water heater you’re used to seeing in your furnace room or basement – or your parents’.
Deciding on whether to replace your traditional hot water storage tank with a modern tankless water heater can seem complicated. After all, there are brands to consider, installation code requirements, understanding how tankless heaters work and how they’ll serve your family’s needs, and more.