It can be difficult to decide which type of water heater to get for a home. Both conventional water heaters with a tank and tankless water heaters have their benefits. Understanding the pros and cons of tankless water heaters will make it easier to decide if this type of water heater is right for your home.
Pro: Small Size
One of the benefits of a tankless water heater is that it is a lot smaller than a regular hot water heater because there's no need for a storage tank. This makes it easier to fit the tank into small spaces, leaving more space available in the home for other uses.
Pro: Endless Hot Water
Because a tankless water heater heats water on demand, it's possible to have a virtually endless amount of hot water, which is great for people who like long showers. There's no need to worry about the hot water "running out," which is something that can happen with a regular water heater. With a regular water heater, when the tank runs out of hot water, people have to wait for a new tank of water to be heated up, which can take up to an hour, depending on the tank.
Pro: Potential Energy Savings
A tankless water heater can use a lot less energy than one with a tank because it isn't constantly working to keep a tank of water hot. These energy savings could be up to 50 percent. How much money could be saved each year on energy bills depends on how much water is used by the household and the exact water heater that is chosen.
Con: Not Instantaneous
Most people like their hot water right away when they turn on the tap, but with a tankless heater, it takes at least a few seconds before the water becomes hot since there isn't a store of water that's being kept hot in a tank as with conventional water heaters. There might be a small amount in the pipes from a previous use that could come out right away, but that will quickly switch to cold water until new hot water is heated up.
Con: Higher Up-Front Costs
Tankless heaters cost more than twice as much to purchase as regular water heaters. Regular heaters typically cost about $300 to $480 to purchase, while those without tanks can run anywhere from $800 to $1,150. This doesn't include installation, which can also be more expensive with tankless models due to the special venting needed.
Con: May Need Multiple Heaters
While a tankless water heater can supply a seemingly endless supply of water to one faucet, if hot water is wanted in multiple locations in the house at the same time, there could be an issue if the water heater is too small to meet these needs. Installing multiple heaters in different areas of the house can make it less likely that there will be an issue with a small amount of hot water followed by cold water as well as making it more likely that there will be hot water available in multiple places at the same time.
For further assistance, contact a local outlet, such as First Class Plumbing of Florida Inc.