Better water efficiency can save the planet and money on your utility bills, so by installing an electric tankless water heater, you can boost your home's sustainability.

Going green is about more than just saving the environment, it's about helping your wallet as well. Energy and water bills are among some of the biggest expenses in your home, which means the way that you heat your water has a lot to do with your home's total efficiency. There are a variety of solutions available to address these issues, but some are better than others.

A single hot water heater can make all the difference when it comes to saving space, replacement costs, water and energy within your home. This can save you money and make sure that your are using all of your available resources. Further, it saves the environment by preventing waste in the form of water and energy. When it comes to saving space and waste in your home, tankless water heaters are the best solution, and here are 4 reasons why:

1. Space
Most conventional water heaters require large and unwieldy tanks to keep the water warm. However, a tankless water heater, completes the process on demand, meaning it doesn't need the space to house the tank. An Eemax tankless water heater is 90 percent smaller than a tank, meaning that it could fit almost anywhere, even under a bathroom sink.

2. Replacement costs
Overtime, water minerals and rust eat away at the inside of a water tank, which eventually leads to wear and tear. The lifespan of a water tank is only about 10 to 15 years as a result. Fortunately, these issues do not apply to a water heating solution without a tank. As a result, tankless water heaters last for over 20 years.

3. Water savings
Because hot water is stored in a tank in conventional water heating solution, there is a delay between the time your turn on the faucet and when the hot water reaches the spout. This means that there is water that you won't be using, be it to clean dishes or in the shower. But by heating the water on demand, you can ensure that you will have hot water right when you need it.

4. Energy savings
One of the biggest advantages of electric tankless water heaters is that they are energy efficient. Eemax tankless solutions have been able to attain 99 percent thermal energy efficiency, compared to just 65 with tanks. This is partly because there is standby energy loss that arises when tanks need to keep the water at a consistent temperature. This can save you up to 50 percent in energy savings, which amounts to about $100 for the typical family.