How to Choose Between Traditional & Tankless Water Heaters?
Picking the right water heater may seem like an easy task but it really isn’t. To make a good decision, you have to invest time and effort into understanding your priorities as well as the market offerings. It is only through a correlation of these factors that you will be able to find your ideal match.
When you are in the market for a water heater, the two popular options you will find are traditional water heaters and tankless water heaters. Let us take a look at what these are.
Traditional Water Heaters
Traditional water heaters are a type of water heating device that comes equipped with a water storage tank. They work by heating up significant quantities of water at once and then storing it at a maintained temperature until it is needed.
Tankless Water Heaters
As the name suggests, these modern-day water heaters do not have the traditional storage tank. Tankless water heaters use high-powered burners to heat water quickly before passing it through a heat exchanger and delivering it directly to the faucet.
Traditional Vs. Tankless Water Heaters
- Energy Efficiency: One of the most talked about benefits of tankless water heaters is energy efficiency. These heaters consume fewer resources than their older counterparts and can therefore help you save significant money on energy bills.
- Water Availability: Since traditional water heaters work on a storage model, the amount of hot water they can supply in one go is limited. However, this restriction does not exist with tankless water heaters that can provide an endless supply of hot water instantly. It is this property of tankless water heaters that has earned them the alternate name ‘on-demand water heaters.’
- Purchase Cost: A tankless water heater is relatively more expensive than a traditional one. So, for those with a strict budget constraint, it might not be an ideal choice. However, if you can somehow make the initial investment, it is sure to be a more economical choice in the long run.
- Space Requirements: If space is an issue with you, you may want to choose tankless water heaters as they are substantially smaller than traditional water heaters and thus require much less storage space.
- Functional Lifespan: The lifespan of a tankless water heater is much more than that of a traditional one. You can expect one of the former to last you for as long as 20-30 years, while the latter typically lasts only for about 10-15 years.
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