If you are thinking of purchasing a new water heater, then you must be literally wondering whether to opt for a tankless or a conventional tan water heater. This piece of information may enable you making a wise purchasing decision when it comes to water heater.
The tank and the tankless water heaters have their own advantages as well as disadvantages. Now this is up to your priorities and requirements, that you can choose the type of water heater for your home or office.
Tankless Water Heaters for a Long Game
The major difference between a tankless water heater and a hot water tank is that the tankless type only consume energy when you put on the tap. In this case, you aren’t paying for storing a huge tank of water when you are not using it for a while.
The tankless water heaters indeed cost more than the traditional tank water heaters but following are the advantages that you can reap out of the same by spending few extra bucks.
Smaller energy consumption bills– The energy consumption bills by the tankless water heaters are much lesser as compared to the tank water heaters. As per the consumer’s usage habits, the consumer has the potential of saving 30-70% on the energy consumption bills.
Unlimited amount of hot water for usage- If you have a large family, then this is obvious that the requirement of the hot water is in larger quantity. For the larger families or when guests come in, there would never be dearth of water if you install a tankless water heater in your house.
Government rebates are often available– There are several tankless water heaters available in the market that come with a rebated price which helps you to offset the higher purchase price.
Smaller footprint– One great advantage of tankless water heaters is that is save room in your utility area. There are several modern models available in the market which can be mounted on the wall.
No risk of flooding in case of breakdown– Most of the modern units are equipped with built-in flood prevention system which ensures that there is no mess created in case of accidental break-down.
A longer life span– The tankless water heaters have a lifetime of around twenty years or even more if you follow the right maintenance processes from time to time.
Thus, a tankless water heater makes a lot of sense for you if:
You plan to stay in the same house for several years to come. It certainly takes several years for the energy savings to pay off the extra purchase and installation cost. So, it mightily helps reaching the breakeven point if you stick to the same home for several years to come.
You have several family members. The tankless water heaters work “on demand” because they never run out of water.
You are away from home a lot. In case you travel a lot or work for many hours, then you would not be paying for the hot water when you are not using it.
You are fond of eco-friendly lifestyle. The tankless water heaters are certainly a greener choice as it consumes lesser energy whether it is powered by electricity or gas.
Providing of annual maintenance is not an issue. While both the tank and tankless water heaters need annual maintenance, there are several consumers who neglect their water heating systems unless there are drastic problems. Tankless models of water heaters also need annual maintenance by flushing them yearly in order to prevent the natural minerals in the water to build up and reduce the efficiency of its operation.
A traditional tank water heater is certainly budget friendly, requires less maintenance and some of these models also come with Energy Star certification. But the above pointers reflect the various advantages of opting for a tankless water heater even if the cost of purchase and installation is more as compared to the tank water heaters. Thus, it would absolutely be a great decision to get a tankless water heater for your home.