A continuous flow (tankless) hot water system heats water on demand — there's no storage tank. You can never run out of hot water. It's worth it for high-demand households with existing gas connections; for most other Christchurch homes, a heat pump cylinder offers better overall value.
When you turn on a hot tap, cold water flows through the unit and is heated instantly — either by a gas burner or electric element. As long as the tap is open, you have unlimited hot water. There's no tank to run empty and no standby heat loss from stored water cooling down.
Continuous flow gas is worth it if: you have an existing gas connection, you have high simultaneous hot water demand, and you have 2+ bathrooms in regular use. For most standalone Christchurch homes replacing a single cylinder, a heat pump system offers comparable benefits (efficient, effective) at better long-term value.