Tankless Water Heater Vs Water Heater Tank

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.

Tankless water heater vs water heater tank.

Tankless water heaters by erika rawes and michael bizzaco september 3 2020 a new water heater is a significant investment and it s important to research different products to find a. There s one key reason for that. For most homes the elimination of standby losses and improvement of insulation around hot water piping when combined with a tankless water heater can cut water energy heating costs by 10 or more. Storage tank water heaters.

Either a gas burner or an electric element heats the water. It uses high powered burners to rapidly heat water as it runs through a heat exchanger and deliver it directly to your faucets or shower without storing it in a tank. The water is normally kept at 120 180 degrees farenheit. With tankless water heaters there is no standby heat loss due to the water being heated as it is needed.

Tankless water heaters are as much as 34 more efficient thank tank models according to the energy department. The doe notes that storage tank water heaters typically last 10 to 15 years while most tankless units have a life expectancy of 20 years or more. Along with their longer lifespan tankless water heaters are known to have reduced monthly energy bills helping offset their higher purchase price. Purchase price the most commonly cited benefit of tank versus tankless water heaters is that tank heaters are much less expensive to purchase traditional tank heaters can be purchased for as low as about 250 while tankless systems can cost into the thousands.

For most households they can produce a savings of 100 or more every year. 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. In the average sized single family home one tank water heater is sufficient for all the hot water needs. Tankless water heaters heat water directly without the use of a storage tank.