Benefits:

Most tankless units come with a federal tax rebate of $300.

They never run out of hot water.

They last five to 10 years longer than tank heaters.

They're more efficient with no standby heat loss.

They take up less space and can even be installed on walls or outdoors with an anti-freeze kit.

Smaller units can be installed under cabinets or in a closet, closer to the point of use.

They only need enough power to heat the amount of water necessary at any given moment.

You can shave as much as 20 percent from your water heating bill.

Electric models don't produce greenhouse gases.

Most units are operated by remote control and have up to four separate settings available.

There's no possibility of flooding due to a ruptured tank.

If it's time to get a new water heater and you want to know if switching to a tankless unit will save you money in the long run, compare the yellow "Energy Guide" stickers on your current heater and the tankless model that best suits your needs. This sticker will give you a good idea of what you can expect. Then weigh in all the expense factors that come with going tankless, including venting costs and gas line or electricity upgrades. Once you know the total costs involved, compare this to the cost of a new tank model and then figure out your energy costs for each. The amount of time it will take to make back your money with your monthly savings is called the payback period. You should also consider that a storage tank heater will need to be replaced again in about ten years -- you'll get roughly 15-20 years of use from your tankless model.

By operating only when hot water is needed, and no storage tank to heat and reheat water, our tankless technology helps save on energy and utility costs. The use of an electronic igntion means no standing pilot light that constantly uses energy.