The main disadvantage of tankless water heaters is their upfront cost unit and installation is significantly higher than tank style heaters.
Tankless water heater vs regular water heater.
Tank hot water heater means taking into account a number of factors.
Compact tankless water heaters are small and compact.
Tankless if maintained properly can last 20 or more.
Tankless water heaters produce an endless supply of hot water take up less space have a lower risk of leaking are safer and have a significantly longer lifespan on average.
The heater is an easy aesthetic addition for basement utility spaces that matches the size of any regular cable.
Traditional water heater life expectancy.
A tankless water heater uses a heat source electric or gas to warm up cool water on demand whenever you need it rather than storing hot water in a tank.
If your annual savings are 100 it would take 20 years the approximate lifespan of a tankless water heater to recoup the cost in energy savings.
The cost of a tankless water heater can range anywhere from 2 000 4 500 compared to a storage tank water heater which ranges from about 500 800.
Tankless water heater pros and cons of traditional water heaters.
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 hot water heater pros for tankless.
This means when you are simultaneously taking a shower and doing laundry the tankless water heater may fail to keep up with the hot water demand of both.
Tankless water heaters pros.
They can be output challenged.
Sometimes called on demand water heaters tankless systems supply continuous hot water when needed and for this reason have increased energy efficiency.
Comparing tankless water heaters vs.
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.
Let s say you spend 2 000 to purchase and install a tankless water heater.
Regular water heaters typically last 10 15 years.
Tankless water heaters are more compact and can heat up water as you use it.