How Tankless Water Heaters Differ From Storage Hot Water Heaters

Are you in the process of building a new home and are wondering what kind of water heater to get? Two of the most popular types include the traditional water heater, which is also called either a tank or storage water heater, and a tankless water heater. There are pros and cons to each type of water heater and you will need to choose the one that best suits the needs of your household. In order to help you decide, it's good to know how tankless water heaters are different from the storage variety

Tankless Water Heaters are Much Smaller

One of the primary differences between these two types of water heaters is the size. A storage water heater contains a tank that is used to store water. These tank water heaters come in a variety of sizes, as they hold anywhere from 28 to 100 gallons of water. Because they are so much larger, they need to be installed in a large space, such as the basement or in a closet.

Tankless water heaters, on the other hand, are much smaller. In fact, the electric ones only measure 10-inches high by 7-inches wide and are small enough to be mounted on the wall. If your home is small, or you don't want something that takes up a lot of space, a tankless water heater might be the best option.

Tankless Water Heaters Last Longer

Besides being more compact, a tankless water heater will probably last longer than a storage water heater. The lifespan of a tankless water heater is about 20 years. Compare this to a storage water heater, which generally lasts anywhere from 10 to 13 years.

If you want to install a water heater and not have to think about replacing it for a while, you should opt for the one that will last longer, which is a tankless water heater.

Tankless Water Heaters Cost More - Initially

One of the biggest disadvantages of a tankless water heater is the cost. Here are some price comparisons you'll want to think about:

As you can see tankless water heaters cost more. However, despite the fact they are more expensive, some homeowners still opt for a tankless water heater because they are more energy efficient and can help save money down the road. 

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