According to Energy.gov, a tankless water heater is 8 to 34 percent more energy efficient than storage water heaters and can save consumers at least $100 annually.

A 240-volt tankless water heater is the solution for a lot of homeowners who don’t have gas service at their house and, for whatever reason, propane is impractical.

The best tankless water heaters are essential for hot showers, sanitizing dishes, cleaning clothes & saving space over bulky tank-style ones.

The U.S. Department of Energy reports a tankless water heater is 24% to 34% more energy-efficient than storage tank water heaters—as long as you use around 41 gallons per day.

Consumer Reports tested a batch of tankless water heaters to see if they work as well and efficiently as storage tank water heaters. Here's what its engineers discovered.

When it comes to labor rates to install a tankless water heater vs a tank-style heater, you’ll pay significantly more for a tankless model; expect to pay between $300 to $2,500 compared to $200 ...

Tankless water heaters can last 20 years or more (more than double the lifespan of a typical storage water heater), and they can save an average family of four about $100 a year on energy bills.

A tankless water heater is exactly what it sounds like: a water heater, minus the tank. Traditional water heaters require a large tank full of standing, heated water at all times to function properly.