Tankless Hot Water On Demand are gaining popularity as an energy-efficient way of providing hot water. Tankless water heaters are exactly what the name implies: a hot water heater that does not have a storage tank. Tankless water heaters are often marketed as “hot water on-demand”.
Hot water tanks are a reliably inexpensive way to heat and store hot water. Most Canadian homes have a single hot water tank, which some homes have two or more. The type of water tank that’s right for you depends on preference, climate, and type of home.