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Tank vs Tankless Water Heaters & How Do They Match Up?

Tank vs Tankless Water Heaters & How Do They Match Up?

Every homeowner has been there. You know, in the shower going about your daily routine and the hot water begins to run cold. You quickly scramble to rinse the suds off and finish your routine before the water turns frigid and ruins your relaxation. Whether you have a home with a number of people who shower at the same time or you use hot water multiple ways in a short period of time, a tankless water heater may be the solution to a frigid shower.

Most homes are equipped with the standard tank model water heater. These water heaters can be purchased with tanks that are different sizes dependent upon your needs. They take up a good amount of space and generally need to be replaced roughly every 10-12 years. Tank water heaters tend to be less expensive than their tankless counterparts but need replacement more frequently. The general warranty on a standard 50-gallon tank water heater is roughly 6 years. They also have an "always on" technology where the water is heated 24 hours, 7 days a week, 365 days a year.

While tankless water heaters may seem like new technology, they have been around for quite some time. These water heaters do not have a holding tank for heated water. Instead, they heat water as it is needed by flash heating the cool water as it runs over the heating source. The water can be heated with either gas or electric. The gas pilot light or electric heating element turns on when the hot water tap is turned and when you are no longer calling for hot water, the heating source turns off. This technology is a greener form of heating your water as it uses energy "on demand" instead of constantly.

While these units may be more costly on the front end, they save on your monthly utility bills and need replacement less frequently than standard tank water heaters. Tankless water heaters generally have a life of 20+ years and in the event of a repair, their interior components are replaceable. They also have a longer warranty period, generally averaging 10+ years. In comparison, a standard tank water heater repair can be nearly as costly as purchasing a new unit.

How do you pick which water heater is right for you?

If you fall into the categories below, you may want to opt for installing a tankless water heater into your home:

  • You keep running out of hot water
  • You have a large family
  • You have a small space and need a larger water heater for use purposes
  • Your energy bills are very high
  • You prefer energy efficient appliances
  • Your current water heater is 10+ years old
  • You plan on staying in your home for more than 3 years
  • You like to have a long warranty on your appliances

When considering a new water heater for your home, it is best to contact the licensed plumbers at Casteel Heating Cooling, Plumbing and Electrical. We can help you navigate through the different options as well as help you determine if a standard tank or tankless water heater will be more suitable to your needs. It's just one of the ways that we take Amazing Care of our customers. Contact Casteel today or schedule online