Tankless VS Conventional Water Heaters – Which is Best?

Tankless VS Conventional Water Heaters featured image
Water heaters are essential. So, replacing them is certainly no easy task. Of course, technology has changed a lot through the years, and one of the newest options in water heaters is the tankless variety. So should you stick with a conventional storage water heater, or should you go for a tankless one instead? This guide will help you figure it out.

Conventional Storage Water Heaters VS Ones that Heat as You Go

Tankless water heaters heat the water as you use it, while storage water heaters hold hot water until you need to use it. The instantaneous nature of tankless water heaters VS conventional is an important distinction. Tankless water heaters tend to be more cost-effective to run than their conventional counterparts. They only heat water when you need it, so you only pay for hot water as you need it. However, if you have a conventional storage water heater, you have to pay costs to store it as hot water. This adds money onto your heating bill through either electricity or gas costs, depending on the type of water heater it is (electric or gas).

Avoiding Cold Showers

Besides the added operational cost of storage water heaters, you also have to deal with running out of hot water. Each unit can only hold a limited amount of hot water. But when you have a tankless water heater, you don’t run out of hot water. Why? Because the unit heats water on an on-demand basis, effectively putting an end to cold showers.

Price Comparison

Now we get to the one advantage storage water heaters have over tankless ones. Storage water heaters have been the standard for a long time, so you will find that they tend to be quite a bit cheaper than the tankless variety. In fact, tankless water heaters can be twice as much as conventional storage water heaters. However, you could save back that extra money pretty quickly. It depends on how much the new tankless water heater saves you on your heating bill.

When comparing the prices of tankless and storage water heaters, ask about the monthly savings you will see on each tankless model. Doing so will help you figure out how long it will take you to save back the extra money you spent on the water heater. Some consumers discover that it takes them longer to recuperate the money they spent on a tankless water heater than the average life span. However, the knowledge that you are using a more environmentally friendly way to heat your water may be enough to tip the scales in towards tankless.

It is always helpful to talk to an expert about the advantages and disadvantages of each kind of water heater. There are many different models available, and each has various features. However, understanding the main differences between tankless and storage water heaters is the first step towards making a wise decision.

Contact Scott English Plumbing, Inc. for Water Heater Assistance Today!

Let the experts at Scott English Plumbing help you figure out if a tankless or a storage water heater is the better choice for your home. They offer complete installation and service for water heaters, as well as 24 hour emergency plumbing service, electronic leak detection, garbage disposal installation and service, and water softener and filter installation and service. Call Scott English Plumbing today to find out how they can help you.