Purchasing a tankless water heater will cost you a bit more than a traditional storage tank water heater but tankless varieties las longer than conventional water heater models which translates to a 20 year useful life as compared to storage tank types which last only 10 to 15 years before self destructing possibly flooding your basement.
Tankless water heater vs tank water heater comparison.
While tankless water heaters run more efficiently than storage tank water heaters replacing a tank water heater with a tankless can be expensive and the payback time can be longer than the warranty.
From energy savings to the cost of installation there is more than just size and space to consider when choosing between a tank vs.
You re not constantly heating a tank in anticipation of needing it you only use energy when you use hot water.
There s one key reason for that.
Either a gas burner or an electric element heats the water.
And there are limits to how much hot water can be.
It uses high powered burners to rapidly heat water as it runs through a heat exchanger and deliver it directly to your faucets or shower without storing it in a tank.
Choosing which type of water heater to go with depends on what you are looking for and the space you have to accomadate a water heater.
Tankless water heaters heat water directly without the use of a storage tank.
What is a tankless water heater.
Tankless water heater vs tank water heater.
For most households they can produce a savings of 100 or more every year.
Water heaters come in many sizes and styles but the two most popular methods are a standard tank style heater and a tankless heater also called an on demand heater.
Tankless water heaters heat only the water you need when you need it eliminating the need for a storage tank.
Compare tankless vs tank water heater costs.
Both provide hot water for your needs but they work differently.