There are two main types of water heater systems used around the home: The tanked water heater, and the tankless water heater system. Both systems do have the pros and cons of usage, but as in anything, the saying “the grass is greener on the other side” can be applicable to those who wonder if it is ever better to use the other type of system.
As for tankless water heaters, there are advantages and disadvantages of its use which are carefully threshed out in Internet and published resources written by plumbing and home improvement experts.
One of the main points of tankless water heater use is the savings it can generate. For instance a tankless water heater can come with federal tax rebates since it is energy efficient and eco-friendly. It never runs out of hot water as well even if it is an on-demand hot water source. Moreover they last at least a decade and they are not space-consuming unlike its tanked counterpart. It is best for smaller homes and apartments that may not have basements or extra utility room where a hot water tank can be installed. In fact tankless water heating systems can be installed outdoors, or could even fit in a cabinet, or even in the bathroom itself where it will be often used.
Pros of using a tankless water heater system
Home Improvement experts have discussed the benefits and drawbacks of using a tankless water heater and one of the main advantages experts point out to is that tanbkless water heaters are more energy efficient.
They explain that tankless water heaters consume a third up to half of the energy requirements needed by tanked water heaters. This means a huge savings when it comes to utility bills. This is because unlike tanked water heaters, tankless ones do not have to store hot water that is ready to be used in home water outlets. Storing hot water means using up energy to keep at least 40 gallons of hot water, hot all the time.
One of the drawbacks of a tankless water heater is that it can be three times more costly than tanked water heaters. This means that there is more upfront cost, to get to the promise of lower utility bills on a month on month basis. Moreover, its installation is expensive as well as it requires a licensed plumber to install.
In spite of some of the drawbacks, some homes however still choose to upgrade to a tankless system simply because it is a better option in the long run given its eco-friendliness and the long-term savings it will realize. The lower carbon footprint, as well as minimal space consumption attract new homeowners and those who are looking to upgrade to a new water heater system to go for tankless units.