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Here are some advantages to a residential tankless heater:

Never Runs Out
When someone mentions water heater the first thought is probably the last time the hot shower ran out on you. It’s easy to say that you won’t have to worry about that with a tankless water heater. More and more residences are being equipped with this type of heater. Ask your neighbors and friends if they have any advice these small home heaters.

The Savings Are There
Some tankless heaters can come with a higher startup cost but if you do the math you should find that the higher efficiency will show savings in the long run. And the higher energy prices go the more significant a good efficiency rating becomes.

Handyman Project
If your residence could do with a tankless upgrade, why not consider it as a DIY project. While most manufacturers recommend installation by a trained technician, Bosch has both electric and gas models that you can install. With planning and a good how-to guide an electric can be done in a day or less, a gas model will take a little longer.

What A Difference In Size
Where a conventional heater operates on the principle of a boiling pot on the stove, a tankless water heater uses a different method: by heating water as it passes through a slender tube it can be heated much quicker. This explains how tankless heaters can be so much smaller and more efficient.