Are you looking to install a new water heater in your home or commercial building? You’ll need to decide if you want a traditional water heater or a tankless water heater. Call us today!
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Pros and Cons of Traditional water heaters
• Lower Initial cost - A traditional water heater installation can be half as much as a tankless water heater.
• Easy and inexpensive to replace - Less installation complications means that there's less that can go wrong.
• Higher utility bill - They heat and reheat water at a pre-set temperature regardless of your water needs. This increases you utility bill-especially during the winter.
• Bigger and harder to place - They occupy more room and can't be placed outside.
• Can run out of hot water - Ever been the last in your family to get the shower? It's a chilling experience. This can be avoided by purchasing a larger tank (although that will be more energy costs, as well)
• Shorter life - Lasts 10-15 years. This means there's more turnover and therefore you have to buy them twice as often as a tankless water heater.
Pros and Cons of Tankless water heaters
• Saves money in the long run - According to Energy.gove, "For homes that use 41 gallons or less of hot water daily, demad (or tankless) water heaters can be 24%-34% more energy efficient than conventional storage tank water heaters."
• Doesn't take up much space - They are small an can be installed in more places-even outside on a wall.
• Lives longer - Lasts 20+ years. Almost double a traditional water heater's life.
• Delivers hot water on demand - Provides two to three gallons of hot water per minute on demand.
• Higher initial cost - Costs $2800 to $4500 installed (depends on the model and who you get it from).
• Retrofitting adds to upfront cost - Replacing a traditional water heater with a tankless system is more complicated. So that increases the installation cost even further.