When most people think about purchasing water heaters, they think about investing in the type that keep tanks filled with hot water at all times. Although these water heaters have been in use for many years now, they aren't the only option out there. Nowadays, more and more people are starting to invest in tankless water heaters.

Basically, instead of having a hot water tank like a traditional water heater, tankless water heaters don't store hot water at all. Instead, they heat water right as it is being sent through the pipes. This type of water heater can be a bit more costly, but tankless water heaters have a lot of benefits. These are a few signs that this is the best type of water heater for your household.

1. You Run Out of Hot Water Regularly

Because a tankless water heater heats water on demand, you never have to worry about running out. If you have a large family, like to take long showers, or otherwise find yourself running out of hot water regularly, a tankless water heater could be the perfect option for your household. Then, you never have to worry about running out of hot water again, since it will always be ready as soon as you turn your hot water tap on.

2. Your Electric Bill is Really High

There are a lot of things that could be causing your electric bill to be high, but if you have ruled out other issues -- such as heating and air conditioning problems -- then you might want to look at your water heater. Since traditional water heaters keep a supply of water hot at all times, you are probably wasting a lot more electricity than you think. With a tankless water heater, however, you can save money over time. Even though the water heater will cost you a little more in the beginning, you are sure to enjoy lower electric bills each month in the future.

3. You Are Trying to Be More Eco-Friendly

Living an eco-friendly lifestyle isn't always easy, but starting at home is a great way to do it. If you want to live a more eco-friendly lifestyle, consider the benefits of a tankless water heater. Since these water heaters don't waste electricity to keep water warm when it isn't needed, you can be doing more for the environment by making the switch.

Many people love their tankless water heaters once they give them a chance. If any of these situations apply to you and your household, now is the time to consider investing in a tankless water heater. In no time, you're sure to wonder why you waited so long to make the switch. Talk to a professional like Avalon Plumbing & Heating Ltd for more information.