Tankless water heaters are optimal for saving a huge amount of money each month while conserving natural gas. Tankless heaters can save homeowners space inside their garage by hanging on the wall or by doing an outside garage installation. They have longer warranties, longer life expectancies compared to storage tank water heaters with proper maintenance, and they are more energy efficient. According to Energy.gov, “For homes that use 41 gallons or less of hot water daily, demand (or tankless) water heaters can be 24% to 34% more energy efficient than conventional storage tank water heaters.” Finally, homeowners will have hot water on demand; never having to wait more than 15 seconds for your water to get hot.