What are the Differences between Standard & Tankless Water Heaters?
A standard water heater can store and preheat up to 50 gallons of water. Once the water is used, the tank is refilled and reheated. This preheating routine may seem to be time-consuming to some homeowners. This is where tankless water heaters come into the picture. These water heaters warm water on-demand. Thus, there is no need to wait for the water to heat up.
This is the primary difference between standard and tankless water heaters. However, there are many more ways the two types of heaters are different. Explore the main advantages of tankless and standard water heaters to determine the differences between these systems.
Advantages of Tankless Water Heaters
Tankless water heaters will heat water directly without using a storage tank. When you turn on the tap, water flows through a pipe and is heated by the electric element or gas burner. This helps ensure there is a regular supply of hot water. There is no need to wait for the water to be heated before you can use it.
The key advantages of tankless water heaters are as follows:
- Longer Lifecycle: Tankless water heaters last longer than their standard counterparts. They can usually last for longer than 20 years, which is double the life of traditional units. Some models can even last up to 30 years.
- Cost-Savings: These water heaters can be up to 34% more energy efficient. Gas-powered units can save you at least $100 every year. Your cost-savings increase even more as your usage increases.
- Space-Saving Design: These appliances are more compact in design. You may install them on the outer walls or in tight corners if required.
- On-Demand Water: There is no need to wait for several minutes or seconds to get hot water. Water is instantly heated as it is required. These water heaters can deliver up to 3 gallons of hot water every minute.
Advantage of Traditional Water Heaters
Standard water heaters work by storing water and heating it constantly to maintain the set temperature. They can have a tank capacity of up to 50 gallons. The key advantages of choosing these traditional water heaters for your home are as follows:
- Low Initial Cost: The initial cost of installation is lower.
- Low-Cost Maintenance: These units operate in a simpler way than tankless heaters, thus reducing the cost of maintenance and repair.
Tankless water heaters are not only expensive to purchase and install, but they are also costly to maintain and fix. While traditional water heaters are cheaper to replace and maintain, tankless water heaters help you recover the initial cost of installation over their lifespan. Tankless units can last almost double the life of conventional units. Thus, you will not have to worry about replacing them after 10 years.
So, if you can bear the higher initial cost, you will be able to save in the long-term by using tankless water heaters. If you have a large family, these heaters make more sense. They can deliver hot water consistently without causing anyone to wait. On the other hand, a conventional water heater can be ideal for you if you are on a limited budget and need a quick replacement.