Water heaters can be a costly investment for home owners that you’ll be living with for over a decade. That’s why when it’s time to equip your new home, or replace your old water heater it’s important to consider cost, efficiency, and longevity of your new water heater. We’ve put together this comparison of storage water heaters vs tankless water heaters to help homeowners and contractors decide on the type of water heater that’s best for you. We’ll examine the pros and cons of tankless and traditional water heaters so you can make an informed decision.
Tankless water heaters, also known as on-demand water heaters, use 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. Tankless water heaters are usually powered with electricity or gas. These types of water heaters were found to be 22 percent more energy efficient on average than the gas-fired storage-tank models in tests conducted by Consumer Reports.
Storage tank water heaters are commonly found in most homes. Their components are an insulated tank, typically holding 30-50 gallons of water, to heat and store the water until it’s needed. A pipe emerges from the top to deliver hot water to its destination, kitchen, bathroom, or other sinks.
Typically, there are storage-tank water heaters that use either natural gas or electricity for their fuel. Natural gas storage-tank water heaters use almost 50 percent less energy, costing less to operate, than the electric variety. However, they cost a bit more than electric models. They also feature a temperature and pressure-release valve that opens when either temperature or pressure exceeds preset levels.
Homeowners with on-demand (tankless) water heaters that use less than 41 gallons or less of hot water each day, enjoy between 24 and 34 percent more energy efficiency than storage tank water heaters. If you use lots of hot water daily (around 86 gallons), you might enjoy energy efficiency of an additional 8 to 14 percent.
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 or home, depending on their location If you want to “hit a home run,” install a tankless water heater at each hot water outlet. Why? You may receive energy savings of 27 to 50 percent if you put on-demand water heaters at all hot water outlets in your home.
Since there are no perfect products (tankless water heaters are no exceptions), there are good points and downsides to on-demand water heaters, too.
If your bank account can manage the higher initial cost of a tankless water heater, you’ll save more money over time by choosing tankless. But, if you are on a fixed modest income, a storage tank water heater might make more sense for you. Discuss the two types of water heaters with your plumber to weigh your options.
Now that you know the “good, bad, and the ugly” of both primary water heater options, you might want to call a top firm, like Petro Home Services (1-888-735-5651), to help you decide on the type, size, and brands of water heater you should consider.
When you want help navigating the often confusing waters (no pun intended) of making the best choice of water heater for your home, you’ll be pleased you contacted the professionals at Petro Home Services today. Why wait? Petro professionals will give you the objective information you need to make the right choice for you and your family.
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