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.
Pros
- 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.
Cons
- 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!