Tankless water heaters have a higher purchase cost than a traditional storage tank.
Tankless vs tank water heater.
The cost of a tankless water heater can range anywhere from 2 000 4 500 compared to a storage tank water heater which ranges from about 500 800.
For a tank based traditional hot water system the lifespan is usually 10 years.
Tankless water heaters are more compact and can heat up water as you use it.
The operational life of a tankless water heater is usually 20 years if not more.
The plus side to the gas water heater is the increased gpm.
Along with their longer lifespan tankless water heaters are known to have reduced monthly energy bills helping offset their higher purchase price.
This gives you at least 8 gpm or more compared to the electric 3 to 8 gpm it normally provides.
The doe notes that storage tank water heaters typically last 10 to 15 years while most tankless units have a life expectancy of 20 years or more.
According to energy gov 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 tankless water heaters if gas fired will save homeowners over 100 annually the longer they remain in service.
While tankless water heaters run more efficiently than storage tank water heaters replacing a tank water heater with a tankless can be expensive and the payback time can be longer than the.
In the average sized single family home one tank water heater is sufficient for all the hot water needs.
The water is normally kept at 120 180 degrees farenheit.
Deciding on a tankless vs.
There is no tank filled with water standing by tankless water hearter systems come in two varieties point of use or whole house heaters.
Tankless water heaters can avoid the standby heat losses associated with storage water heaters.
Whereas traditional water heater installation costs around 500 tankless installation costs double or more.
With regular maintenance and repairs a tankless system may last up to 30 years or up to 3 times longer than a traditional hot water heater.
In contrast storage water heaters last 10 15 years.
Water heaters with tanks.
One of the first things to consider is whether you should get a tank or tankless water heater.
With the gas tankless water heater it may have an even pricier installation cost.