Heating your home’s water takes up about 20% of your household budget. That’s why it’s important to invest in a good water heater. While tankless water heaters rise in popularity, it’s no wonder why. There are a number of benefits from switching from a traditional tank water heater to tankless. And whether you choose gas or electric, you can reap the benefits with either one. Here are the tankless water heater pros vs. cons.
- Energy Efficiency – Perhaps the most enticing reason to go tankless is to conserve energy. The U.S. Department of Energy reports a tankless water heater is 24% – 34% more energy-efficient than storage tank water heaters—as long as you use around 41 gallons per day.
- Space saver – Because tankless water heaters are significantly smaller and more compact than tank water heaters, they are a great space saver. They are much more compact and they mount on a wall.
- Endless hot water supply – No need to worry about running out of hot water during a shower! Tankless water heaters heat up cold water on demand, so there is an endless supply.
- Durability – Switching to tankless increases the lifespan of your water heater, nearly by double! Tankless heaters can last upwards to 20 years, while tanks have an average lifespan of about 10-12 years.
- Higher upfront cost – The upfront cost of a tankless water heater does cost more than a standard tank water heater.
- Power Outages – Tankless water heaters, even gas ones, run on electricity. So a power outage means no hot water.
- Vent requirements – Because of the high-powered burners, tankless water heaters need a special vent system. These need to be installed professionally by a trusted company.
If you believe the pros outweigh the cons, then it may be time to switch to tankless. Look no further than Poormans Heating & Air Conditioning. We have been in the HVAC business for 45 years and our professional technicians are here to help. Click here to Request a free quote for a tankless water heater today!