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Tank vs. Tankless: What Should You Replace Your Water Heater With?

tankless-water-heater-installed-on-wall

Everyone wants more energy efficiency for their home, but they don’t want to sacrifice conveniences for it. Old tank water heaters may not be the best option for many households in Delaware, and that’s okay, because tankless systems are an option.

Water heater replacement in Sussex County, DE should benefit you and your accessibility to hot water while lowering energy bills at the same time. Let’s find out which unit makes more sense for your home by comparing some benefits of each.

Tankless Saves You Money (But Not at First)

You can position your tankless water heater closer to your main water usage area to shorten the amount of time that it takes to actually feel hot water come out of a faucet or showerhead.

Tankless units can be placed on the wall in your kitchen since they don’t take up much space. You don’t waste money on water and heating by purging cold water from the line for a long time in this instance.

Installation Expenses Vary, But Tankless Is More Expensive

Tankless water heaters save you a great deal of money over time, but not at first. Tankless units are more expensive to install. The purchase price and the price of parts is higher than tank water heaters.

Depending on the specific unit and intricacies of your installation (such as if you’re moving the location of the water heater), tankless can be up to two times more expensive. This varies per project.

It’s best to calculate the lifetime savings and benefits before deciding on tank or tankless. Let’s cover that now.

Savings Vary Depending on Use

Every gallon of hot water you produce with a tankless water heater saves you money vs. a gallon produced with a traditional tank water heater. But does it really matter for your specific use case? Is the impact big enough to justify the higher upfront cost?

According to the Energy.gov website, “For homes that use 41 gallons or less of hot water daily, demand (or tankless) water heaters can be 24% to 34% more energy efficient than conventional storage tank water heaters…”

If you’re the only one using your water heater, tankless water heaters may not provide as much annual savings. Larger families with higher hot water consumption benefit from tankless units the most.

Before you decide on tank vs. tankless based on your own personal water consumption alone, there’s one more point you need to consider.

Tankless Water Heaters Last Longer

A traditional tank water heater lasts for anywhere from 6–13 years with proper maintenance. On average, tankless water heaters last somewhere in the realm of 20 years.

If your water heater broke down and needed to be replaced at the 10-year mark, you would replace it with a new one, and your 20-year expense on tank water heaters would equal the same (or slightly more) than the cost of a tankless system.

Plus there’s the breakdown itself, which may result in water damage to your home, and the time cost of replacement. Tankless water heaters are definitely more viable in the long run.

Which Is Right for You?

Tankless water heaters have their advantages, although it may not work for your family depending on your preferences and current system. Either way, we’re here to install whichever system you deem best for your household.

Contact us today to install a new tankless or standard tank water heater today. Whatever makes sense for your family and budget is what we’ll provide to you.

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