Upgrading to a tankless water heater system can lend a hand in lowering your living expenses. While both tank and tankless water heaters provide many benefits, it’s always a good idea to weigh out the are pros and cons so you can decide what is best for you and your family’s needs. Here are some things to consider:

The Pros and Cons of a Tankless Water Heater

To understand the pros and cons of a tankless water heater, you need to be aware of the difference as compared to a tank water heater. A tank water heater stores water at a hot temperature for you to draw from on demand. A tankless water heater heats water as it passes through the equipment. No water is stored in a tankless water heater. These are some of the areas where a tankless water heater differs from a tank water heater:

Upfront Cost

For many homeowners, the cost is a critical factor when selecting a new water heater. Generally, a tankless water heater costs more to purchase than a tank water heater, however, it will provide energy savings in the long run. Comparing costs will help you to determine if a tankless water heater is a financially viable option to consider.

Energy Consumption

Because a tank water heater stores heated water indefinitely, it generally uses more energy than a tankless water heater. Keep in mind that the temperature setting on the water heater also impacts cost. This heating expense remains regardless of the volume of hot water that you use. For example, your tank water heater uses energy to heat water even if you are out of town for several weeks. This is not the case with a tankless water heater.

Supply of Water

Because a tankless water heater warms water on demand, you can enjoy an endless stream of hot water. However, a tank water heater can produce a limited flow of hot water at a time. Therefore, you should match your needs with the right equipment to avoid dealing with a hot water shortage.

Are you thinking about upgrading to a tankless water heater? While there are pros and cons to tankless and tank water heaters, our experts at AAA Service will help you to make a smart decision based on your budget and your home water heating needs. Call or schedule an appointment online today.

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