Water heaters with tanks.
Tankless water heater vs hot water heater.
Tankless water heaters are more compact and can heat up water as you use it.
Homeowners with on demand tankless water heaters that use less than 41 gallons or less of hot water each day enjoy between 24 and 34 percent more energy efficiency than storage tank water heaters.
Tankless units on the other hand can be a better fit for larger families where showers laundry and food preparation often happen simultaneously.
If you use lots of hot water daily around 86 gallons you might enjoy energy efficiency of an additional 8 to 14 percent.
According to energy research done by energy gov if you are using a 40 gallon tank of hot water or less your energy demand is typically less than 50 percent with a tankless water heater compared to a water heater tank.
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 warranty.
Often they can be mounted to the wall.
One of the first things to consider is whether you should get a tank or tankless water heater.
No waiting for hot water tankless hot water heaters instantly heat the water you need.
You re not limited to the capacity of a holding tank.