There's nothing like coming home at the end of a long day at work and being able to relax and unwind in a hot bath. Our lives would be a lot less comfortable if our homes did not have modern devices like room heaters and hot water heaters to keep us and our surroundings warm as well as making cleaning easier.

Hot water is not only great for relaxing us but also plays a very important role in keeping our homes clean and hygienic. Having to keep clothing and dishes clean and sterile with only cold water is not a pleasant task. Having to take cold baths and showers would also be really unpleasant, especially in the winter. All this convenience comes with a price though. Energy costs make up a big chunk of the utility bill in most households. Heating of water is a big contributor to this energy consumption and finding ways to reduce it is a good way to save money every month.

Tank type water heaters are one of the worst causes of high heating costs in many homes. These appliances heat up large amounts of water and maintain it at a high temperature for long periods of time just so it will be available at the times it is needed.

Most hot water in the home is used in the bathroom, kitchen and laundry areas. A large tank full of water is kept hot twenty four hours a day, every day to serve these areas even though each is only used a few times daily.

There are better and more modern ways to supply the household with its hot water requirements than the old fashioned tank heater though. One of these it the tankless type of hot water heater that only supplies hot water on demand, i. E. As it is required. Some users have experiences savings of around 40% of the water heating bill. This typically leads to an overall energy bill reduction of 8 to 10%.

One more advantage to this type of heater is a smaller space requirement. Because they don't have a large and bulky water tank they can be fitted inside a cupboard or under a counter closer to the point of usage of the hot water. Because of this the water also cools less because it has a shorter distance to travel from the heater. This creates even more efficiency.

Tankless hot water heaters also have an environmental advantage. Since the energy used in the typical home comes mostly from fossil fuels, reducing your energy usage means less burning of fossil fuels. So while you are saving money you are also helping to save the planet at the same time.