When you’re shopping for a new water heater, it’s super important to understand the difference between tank and tankless models. Like most things, each option has its perks and downsides. Is there a one-size-fits-all water heater that everyone should have? Not really! Every household has its unique needs, which will affect which model is best for you. Let the experts at Fairborn Plumbing & Drain help you figure out what you need and explain the pros and cons of each type of water heater.
Tank Water Heaters
Tank water heaters, or storage tank water heaters as they’re sometimes called, are the most common type you’ll find in homes. Essentially, they’re insulated tanks that heat and store hot water until you need it. They typically run on electricity or natural gas, and for residential use, you’ll usually see them ranging from 30 to over 75 gallons.
The Benefits of Tank Water Heaters:
- Easier and quicker installation: Tank water heaters are super simple to install, which helps keep initial costs down.
- Plenty of hot water: These heaters store a good amount of hot water, so you have it ready whenever you need it.
- Low maintenance: Keeping up with a tank water heater is a breeze! Just stick to a regular flushing schedule, and you can do it yourself or call in a plumber if you prefer.
- Long lifespan: With the right care, a tank water heater can last 8 to 10 years.
The Energy Efficiency of Tank Water Heaters:
Some storage tank water heaters are designed so well and properly insulated that they really cut down on standby heat loss. This means lower energy bills for you! That’s just another reason why picking the right water heater for your home is super important.
The Price of Tank Water Heaters:
When it comes to tank water heaters, it’s super important to think about all the costs involved.
First off, they usually have lower upfront prices, which is a plus! Plus, they tend to need less maintenance, making them easier on the wallet. And since they’re pretty straightforward, the repair costs are generally lower too. All good reasons to consider them!
Tank Water Heaters Are Best for:
Since the amount of hot water they provide is limited to the size of the tank, these water heaters are usually a great fit for small to medium-sized families.
Tankless Water Heaters
Tankless water heaters, also called on-demand water heaters, are super efficient! They use powerful burners to heat water right when you need it, so you don’t have to worry about storing any. You can choose between electric or gas for your tankless water heater, making it a convenient option for any home!
The Benefits of Tankless Water Heaters:
- Endless Hot Water – Endless hot water? Yes, please! With a tankless water heater, you won’t have to stress about running out of hot water. That’s why they’re called “on-demand” water heaters! Unlike traditional ones that store a limited amount of hot water and leave you waiting for the tank to refill, tankless systems give you a continuous supply as long as there’s fuel or power to keep it running. How great is that?
- No Need for Storage Space – Tankless water heaters are great because they save space! Instead of taking up valuable floor space, they’re usually installed on walls. This is super helpful for smaller homes where every square foot counts!
- Longer Lifespan – Did you know that tankless water heaters can last up to 15 years? Of course, this depends on factors like your water type, how much you use it, and how well you maintain it. In comparison, traditional water heaters usually only last about 8-10 years. So, by opting for a tankless model, you won’t have to replace it as often, which can help save you money in the long run!
The Energy Efficiency of Tankless Water Heaters:
Did you know that homes with tankless water heaters can save up to 34% on energy compared to traditional storage tank heaters? If your household uses a lot of hot water daily, a tankless option might be just right for you! Plus, while they might have a higher upfront cost, those energy-efficient perks mean you’ll see savings on your monthly bills that make it all worthwhile. It’s definitely something to consider!
The Price of Tankless Water Heaters:
When it comes to tankless water heaters, it’s super important to think about all the costs involved. Sure, they might have higher upfront costs, but on the flip side, you’ll enjoy better savings each month thanks to their energy efficiency!
Tankless Water Heaters are Best for:
These water heaters are perfect for bigger houses or large families because they provide an endless supply of hot water whenever you need it. They’re also a great choice if you have a hot tub or soaking tub!
Understanding the differences between tank and tankless water heaters can really help you make a confident choice that suits your home. We hope this has cleared up some of your questions and gives you a better idea of which option might be right for you!
We’re always here to help, so feel free to ask any questions you have! Feel free to reach out to Fairborn Plumbing & Drain by calling us today at (937) 240-3116 or schedule an appointment online now by clicking here!