A Tankless Water Heater installed on one of our projects

When people switch over to a tankless water heater, I do hear that there is a small delay in the delivery of hot water to your fixture. You'll notice this more if you have always used a heated storage tank. I get it, but in my opinion, the benefits of a tankless water heater are huge. You are only paying for energy when you need hot water. When you close your hot water fixture, the tankless water heater is going to shut down and go back into standby mode. You are not limited to a fixed amount of