Tank vs. Tankless Water Heaters
Tank Water Heaters
Tank water heaters are the traditional option and the most common type of water heater used in homes today. They store and heat water in a large tank, which is insulated to maintain the temperature of the water. When you turn on a hot water tap, the water is released from the tank and replaced with cold water that is then heated to the desired temperature. Tank water heaters typically cost less than tankless water heaters and are a low-maintenance water heater option. But, they do take up more space than their tankless counterparts. They are also less energy efficient and, if sized incorrectly, you may run out of hot water when you need it most – like right in the middle of a shower, for example. Further, they tend to have a shorter lifespan than tankless heaters, with an average lifespan of 10-15 years.
Tankless Water Heaters
Tankless water heaters are becoming increasingly popular among homeowners due to their energy efficiency and longer lifespan. They heat water on demand, eliminating the need for a storage tank. Because they heat on demand rather than keeping water hot in a tank continuously, they are more energy efficient than tank heaters. Additionally, because they heat as needed, you will have an unlimited hot water supply and won’t ever run into issues with a lack of hot water. And, their lifespan is longer than tank water heaters, typically lasting an average of 20 years. Tankless water heaters do have a higher initial cost, and require more routine maintenance.
When choosing between tank and tankless water heaters, homeowners must weigh the benefits and drawbacks of each option. Ultimately, the decision comes down to your household’s needs, budget, and preferences. Contact a licensed plumber to help you decide which water heater option is right for you.
