You can find a lot of information online and from your local plumber about the benefits of using a tankless water heater. They are beneficial for the environment, they are durable, and they save homeowners money from month to month.
But that doesn’t necessarily make tankless water heaters the best option for every single home. Learn the benefits of tankless water heaters below, and then read about why many homeowners still choose to replace a broken storage tank with another conventional tank water heater.
Here’s the thing about normal water heater that use large storage tanks: they have to keep running most of the day. And you only need a little bit of water throughout the day, which means a lot of standby energy loss.
Tankless water heaters heat up when you need them, which means no such energy loss. When you open a hot water tap, it turns on, and when you close the tap, the water heater shuts off. That’s all there is to it!
You will find over several years that the savings offset the high cost. Tankless water heaters don’t have a hot water limit, unlike tank units. And your tankless unit should last decades when it’s well cared for.
Still, tank water heaters are more popular in households across the US, even amongst homeowners who know the benefits of going tankless. Tankless units are costlier. And while the savings can make up for it, it will take many years to do so. For many homeowners, it’s just not worth the extra price.
Tankless water heaters are just as susceptible to scaling, so they need annual maintenance too. And unless the unit is located right by the fixture you’re using, it can take a while for hot water to reach the faucet or shower. Often, you need multiple tankless units in a home, at a higher investment (that eventually pays off).
So tank or tankless? The choice is up to you and your plumber!