Tankless Water Heaters vs Traditional Water Heaters

Is your water heater more than ten years old? It might be time for an upgrade — water heaters typically have a life expectancy of about 8-12 years. If you are starting your search for a new water heater this year, you will need to decide between a tankless or traditional water heater unit.

How do you know which one is right for your home and family needs? Learn more about the key differences below.

Tankless Water Heaters

Tankless water heaters have grabbed attention in recent years due to the money they can save you through their high efficiency. Despite this positive news, there are still some good points about traditional hot water tanks. That’s why a detailed look at each is warranted before deciding which is better for your particular circumstances.

Tankless Water Heater

Best Features of Tankless Water Heaters

  • They are long-lasting. They last more than 20 years — about twice the lifespan of a traditional water heater.
  • There is no storage tank, so they take up less space.
  • They provide endless hot water to your home and are capable of meeting any demand need. Never run out of hot water again!
  • They save energy and, in turn, money. Since you aren’t spending energy keeping a storage tank full of hot water, you will save on your utility bills in the long run.

How Tankless Heaters Save Money

Tankless heaters are more efficient because there’s no stored water that requires additional heating with extra dollars spent in the process. This advantage will narrow with heavy usage, though. As the list above also shows, tankless heaters save money by breaking down less often along with a longer lifespan before replacement is required. Our experts can help you calculate your likely savings.

More Tankless Advantages

Tankless water heaters take up much less room than a standard water tank so there’s plenty of placement options throughout the home. They do need to be within 50 feet of a power source, though. These systems also have fewer malfunctions. Finally, without a tank, there’s no risk of massive leaks that can damage a lot of woodwork.

Traditional Water Heaters 

Traditional water heaters have their perks too. However, it is important to note that you will need to have a storage tank located in your basement, laundry room, or other space¬†where the hot water will be stored. Additionally, you will have instant hot water in your home, as it is readily available in your storage tank. However, since storage is limited, you can run out of hot water if the tank is not big enough for your family’s demand.

Best Features of Traditional Tank Heater

  • Lower initial cost
  • Easy Integration
  • Hot Water Reserve
  • No Scalding Risk
  • Emergency Water Supply

Saving Money With Traditional Tank-Based Systems

The purchase price of a tank unit can be as little as one-quarter of what tankless heaters cost. This savings is compounded by the fact that the water and power supplies are already geared towards accommodating a tank system. Electric tankless heaters sometimes need modification of the home’s wiring while gas models need a bigger flue.

The Emergency Advantages

It might not happen often, but if power is cut off, a tank system still has hot water in reserve that’ll stay warm for hours. Under more extreme circumstances when the water supply is disrupted, the tank can serve as a source of potable water. Also, with a built-in thermostat, a tank system is less likely to get excessively hot.

No Simple Solution

Whether a traditional tank or a tankless water heater will work better in your home depends on lots of considerations including the choice of gas or electric power. Our professionals at Plumbing and A/C Medic can look at your individual situation and come up with the right solution. Just call us at (602) 975-2306 anytime.