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  1. Jan 8, 2024 · Pro: Zero Risk of Tank Exploding. Pro: Lower Risk of Burns and Exposure to Toxic Metals. Pro: Life Expectancy of Over 20 Years. Con: High Upfront Cost of the Unit and Installation. Con: Maintenance. Con: Take Longer to Deliver Hot Water. Con: Cold Water Sandwich. Con: Inconsistent Water Temperature When Multiple Outlets Are in Use.

  2. Pro #1: Longer life expectancy. Tankless water heaters are becoming more popular, and the benefits they provide may be the reason why. One of the most tangible benefits of a tankless water heater is its longevity.

  3. May 9, 2023 · Energy Efficient. The U.S. Department of Energy reports a tankless water heater is 24% to 34% more energy-efficient than storage tank water heaters—as long as you use around 41 gallons per day....

  4. Mar 30, 2024 · Pro 1 - Endless Hot Water. Pro 2 - Energy Efficient And Saves Money. Pro 3 - Saves Space. Pro 4 - May Qualify For Federal Tax Credit. Pro 5 - Reduce Leak Risk. Pro 6 - Cleaner Water With Tankless. Pro 7 - Less Risk Of Explosion Or Burns. Pro 8 - Tankless Water Heaters Last Longer. Con 1 - More Costly Upfront. Con 2 - May Not Realize Cost Savings.

  5. Oct 22, 2023 · More Compact Size. Another advantage of tankless water heaters is their compact size. Traditional water heaters require a large storage tank, which can take up a significant amount of space, especially in smaller homes or apartments.

  6. Feb 7, 2024 · Gas-powered tankless water heaters cost between $1,000 and $1,500, while electric units cost between $500 and $1,500. Professional installation is an added cost that can vary depending on who...

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  8. According to energy.gov, tankless water heater energy savings are between 24%–34% for small households using 41 gallons or less per day and 8%–14% for larger families that get through around 86 gallons per day. Types of tankless water heaters. Here’s a quick rundown of the different types of tankless hot water heaters available to you:

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