When your hot water tank goes out, most people will seek to replace it as soon as possible to avoid the inconvenience of having to deal with cold showers. Thus, they will just pick the same model and brand they are accustomed to and typically focus on price rather than features. This approach may seem straightforward enough, but you could be denying yourself a better product that would provide you with outstanding features. Tankless heaters are the latest entrant in the market, and they bring with them an array of benefits for your household. Here are some reasons why you may want to consider going tankless when installing a new hot water system.

Tankless systems provide an interminable hot water supply

When using a conventional hot water tank, there is only a specific volume of heated water that you can store. This limited storage is why some households may run out of water at peak shower periods when everybody in the home is scrambling for the bathroom. If you have many family members, it may be time to switch to a tankless system. Tankless hot water systems will heat the water as it passes through, rather than heating a specific volume of hot water that is already in storage. Therefore, you will have a virtually endless stream of hot running water in your home, no matter what time of day it is.

Tankless systems will conserve energy consumption

Another convincing reason why all homeowners should consider switching to tankless heaters is the energy savings that their household will benefit from. Energy costs are on a constant rise in Australia, not to mention the multiple gadgets, appliances and devices that homeowners use on a daily basis that also increase the energy use. A simple change such as switching your hot water system could have a considerably positive impact on your household's average utility expenditure.

Traditional hot water systems would have to consume a lot of power to ensure all the water in the tank is heated. Moreover, you may not even finish all the hot water if you just require it for menial tasks such as washing dishes or doing laundry, meaning you would be wasting energy to heat hot water you don't need. Since tankless systems require energy only as the water is being used, you only consume power as per your immediate hot water needs!

Tankless systems save on space

With floor space becoming a premium in Australian homes, people are slowly looking for ways to eliminate bulky appliances from their home in an attempt to make the most of the square footage available to them. Tankless heaters only use up a fraction of the space that their traditional counterparts do, making them perfect for homeowners looking for a space-efficient solution.