What are some reasons to use a tankless water heater instead of a standard storage-type water heater?

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Trying to decide whether a tankless water heater or a storage-type water heater is right for your home? Here are the pros and cons of each system.

Tankless Water Heater

Pros:

  • More energy efficient
  • Lower utility bills
  • Take up less space
  • Hot water on demand, which means you never run out
  • Longer lifespan of more than 20 years with proper maintenance

Cons:

  • High Initial Cost
  • Complicated Installation if you are switching from a traditional water heater to a tankless system.

 

Storage-type Water Heater

Pros:

  • Low initial cost for system and installation
  • Simple to install and replace

Cons:

  • Higher utility bill because they heat and reheat water at a pre-set temperature, regardless of how much or little water you use
  • Take up more space
  • Can run out of hot water if too many people in your home need hot water
  • Shorter life span of only 10-15 years
Posted in Heating.