Traditional water heaters have an overhead tank and you often have to go through the process of running out some cold water each time before getting the actual hot water. You may also have experienced a sudden flow of cold water in the middle of your bath when you have used up the hot water stored in a traditional water heater and you will have to wait for sometime by closing the faucet to get hot water flowing again. All these can be avoided by installing a tankless water heater. Tankless water heater is compact and can be installed very easily. You will start getting hot water as soon as you turn on the faucet. Since water is heated only as per required it can save you a lot of money as compared to a traditional water heater. It works as soon as the faucet is turned on triggering the device that activates when the water starts to run.
Traditional water heater with a storage tank will heat the water and reheat it even if you are not using the hot water hence consuming more energy. The on and off cycle of a traditional water heater is more than a tankless water heater and that is why a tankless water heater is considered to be a cheaper option in the long run. Since it does not have an overhead tank it is much smaller and can save a lot of space. There won’t be any leakage issues as well since there is no storage tank.