Tankless water heaters can be a more efficient and longer-lasting option than traditional tank models. They provide hot water on demand, which means you're not paying to heat water you aren't using. Tankless models also tend to have a longer lifespan, up to 20 years, and take up less space in your home. However, they may not be best for homes that require a lot of hot water on a daily basis. We recommend that you discuss your options with our knowledgeable team to learn what type of water heater is right for you and your family.