Tankless Water Heater Vs Hot Water Tank

The cost of a hot water tank is about 60 less than than of a tankless heater.

Tankless water heater vs hot water tank.

Homeowners with on demand tankless water heaters that use less than 41 gallons or less of hot water each day enjoy between 24 and 34 percent more energy efficiency than storage tank water heaters. This is known as point of use and allows high water demand appliance such as dishwashers to have their own supply. According to energy research done by energy gov if you are using a 40 gallon tank of hot water or less your energy demand is typically less than 50 percent with a tankless water heater compared to a water heater tank. The life expectancy of a conventional hot water tank is about 12 to 15 years.

The operational life of a tankless water heater is usually 20 years if not more. Tankless water heaters do cost more than water tanks but you do get these advantages. For a tank based traditional hot water system the lifespan is usually 10 years. The main difference between tankless water heaters and hot water tanks is that tankless models only use energy when you turn on the tap.

Cost and process of installing a tankless vs hot water tank. Hot water tank pros. Tankless water heaters reduce energy use up to 25 but they cost twice as much as standard storage units. With regular maintenance and repairs a tankless system may last up to 30 years or up to 3 times longer than a traditional hot water heater.

Otherwise installing a tankless water heater that is used only for one appliance is another solution.