Tankless water heaters are a great way to cut down on energy costs in office buildings, offering numerous benefits to facilities managers and the companies that call these facilities home.

Sustainability is at the forefront of almost every enterprise in today's economy. One of the major lessons that the economic recession of the late 2000s taught American businesses was that they need to operate on lean budgets and keep overhead to a minimum. This provides more fiscal freedom, while simultaneously accruing savings in the long term.

One of the biggest places for companies that work in office buildings to achieve savings is through water consumption and efficiency. Water usage not only affects the water bill, but heating and cooling costs as well, making it a major contributor to overhead. By limiting these expenses, businesses can limit their overhead, while also working to more sustainably conduct business. Tankless water heaters are among the best solutions to these utility expenses, and here are just three reasons why.

Energy savings
At the end of the day, business is about the bottom line. By keeping energy costs down, companies can see larger profits, making an investment in a tankless water heater a smart investment. These pieces of equipment heat water without need of a storage tank, meaning that the process is completed on demand. According to the Environmental Protection Agency, the cost of water has grown at a rate that is above the consumer price index, meaning that these costs are growing increasingly expensive.

This makes tankless water heaters much more energy efficient. While conventional tank water heaters are at most 65 percent thermal energy efficient, tankless ones are 99 percent thermal energy efficient, making them a wiser solution. Further, between 14 to 18 percent of every utility dollar goes toward water heating, meaning this kind of water solution can be a great way to cut down on power consumption.

Better reputation
More and more companies are touting the measures that they have taken to become more sustainable. By installing an energy-efficient electric tankless water heater, companies can make measurable improvements to their energy consumption. This reduces a business' carbon footprint in the process due to the decreased dependence on fossil fuels.

Rather than going the way of many companies that are only looking to market their green aspects rather than act upon them, tankless water heaters can provide measurable and tangible improvements to a company's sustainability.

Saving water
Water supplies are among the most wasted in the U.S., partly because it seems like something that can be so easily accessed. Countless of gallons of water can be wasted by those in the office who are simply waiting for their water to heat up. Using a tankless water heater warms the water at the instantly, meaning that one does not have to wait for his or her desired temperature.