Water heaters are essential for every household, as they provide hot water for bathing, laundry, and dishwashing. When deciding which type of tank or tankless water heater is best for your home, there are many factors to consider. Here’s a breakdown of the tankless water heater pros and cons and deciding between tank vs tankless water heaters:
Pros of tank water heaters:
- Cost: tank water heaters are typically less expensive than tankless models, making them a more affordable option upfront. Initial installation costs may also be lower for tank water heaters.
- Capacity: tank water heaters can store large amounts of hot water to ensure that you have enough on hand when you need it.
- Lower maintenance: tank water heaters require less maintenance than tankless models, which can save you money over time.
Cons of tank water heaters:
- Lower efficiency: tank water heaters are not as energy-efficient as tankless models and can result in higher energy bills.
- Space: tank water heaters take up more space than tankless models, so they may not be suitable for smaller homes.
- Short lifespan: tank water heaters typically have a shorter lifespan than tankless models and need to be replaced sooner.
Pros of tankless water heaters:
- Efficiency: tankless water heaters are more efficient than tank models, as they only heat water when it’s needed, resulting in lower energy bills.
- Space: tankless water heaters take up less space than tank models and can be installed in tight spaces or closets.
- Longer lifespan: tankless water heaters have a longer lifespan than tank models, so they need to be replaced less often.
Cons of tankless water heaters:
- Cost: tankless water heaters are more expensive upfront and may have higher installation costs than tank models.
- Lower capacity: tankless water heaters cannot store large amounts of hot water at once, so you may have to wait for hot water to be available.
- Higher maintenance: tankless water heaters require more frequent maintenance than tank models, which can add up over time.
Tankless Water Heater vs Traditional: Summary
When choosing between a tankless water heater vs traditional, it’s important to weigh the tankless water heater pros and cons in order to make the best decision for your home. Consider factors like cost, capacity, efficiency, and maintenance when making your choice, so you can be sure to find the water heater that fits your needs.
