Most people are accustomed to seeing large storage tank water heaters that keep water hot in a tank so that it is always available for use. But if you’re in the market for a new water heater, you may be considering another option: the tankless water heater. Tankless water heaters have become popular in the last couple of decades due to the energy benefits that go along with installing them.
Despite the small size and energy efficiency of tankless water heaters, many people who consider both options still opt for a tank water heater. Which one is right for your home? We’ve compared the two to help you make an informed decision, but we always recommend speaking with a technician first.
Tankless Water Heaters Are Highly Efficient
The main problem with a tank water heater is that it must remain running all day in order to keep the water hot. This means that you are using energy all day for an appliance you only really need a few times throughout the day. A tankless water heater solves this by switching on instantly as soon as water flows through the system, which can save you a lot of money over the year. It’s also small in size, and won’t lose its supply of hot water.
Installing a tankless water heater may cost more than installing a tank water heater, but the energy savings will likely offset the cost. The only real downside of tankless water heaters is that they often take longer to get the water hot.
Storage Tank Water Heaters May Still Outperform Tankless Models
While a tankless water heater does save energy over time, some homeowners feel this savings simply is not worth the initial cost. If you haven’t had any problems with your tank water heater in the past, you may just decide to stick with this reliable system.
In short, installing a tankless water heater is a great way to help out the environment, your storage space, and your bills. But after discussing it with your technician, it may turn out that a tank water heater is still a fine choice for you.
The friendly professionals at Cool It Heating & Air Conditioning are happy to help you make this decision about your new water heater installation. Call and be part of the Cool It family. 24/7 exceptional service!