If it’s time to replace the water heater in your Greenwood home, the choice between a tankless and a standard unit is a crucial decision that will affect your comfort, energy efficiency, and long-term costs. Both types come with their own set of advantages and considerations. In this article, we’ll explore the key factors you should consider so you can make an informed decision when deciding between a tankless and a standard water heater.
In-Storage or On-Demand?
The biggest difference between tankless and standard water heaters is all about how they heat and deliver hot water in your Greenwood home. Tankless water heaters, which are also known as on-demand or instantaneous water heaters, heat water as it flows through the unit whenever you need hot water. Standard water heaters, commonly referred to as tank-type or storage water heaters, heat and store a specific amount of water in a tank until it’s needed, then replenish and heat the water in the tank.
The Greener Choice
If making the best use of energy is important to you, you’ll probably want to consider tankless water heaters. Because they only heat water when needed, tankless units eliminate the wasted energy resulting from constantly maintaining a tank of hot water. For example, if you’re on vacation for a week, your standard water heater continues to keep that tank toasty. The on-demand approach of tankless water heaters can result in significant energy savings over time, making them the environmentally friendly and cost-effective option.
The Compact Choice
Standard water heaters have to be large enough to hold enough hot water for your home — typically 50 gallons or more — along with all the heating equipment and controls. That makes for larger units, which can be a substantial consideration for homeowners with limited square footage. Tankless water heaters are generally far more compact, allowing for flexible installation and taking up far less floor space.
Cost to Install
Although tankless water heaters generally use less energy, most come with a higher upfront cost. Installing a tankless system may involve adjustments to your home’s gas lines or electrical wiring. While standard water heaters normally have lower upfront costs, it’s essential to weigh this initial investment against your home’s long-term energy savings.
Lifetime Water Heater Costs
The best way to compare water heater costs is to consider the purchase and installation costs, monthly energy bills, and the expected lifetime of the appliance. Tankless water heaters tend to be more energy-efficient, resulting in lower monthly utility bills over time. They often have a longer lifespan than standard water heaters, which may require replacement sooner due to wear and tear on the tank. By performing a lifecycle cost analysis, you’ll better understand the overall financial impact of both options.
How You Use Water
Because tankless water heaters provide a continuous supply of hot water on demand, there is no risk of running out of hot water, making them an excellent choice for households with high hot water demands (like teens who take ridiculously long showers). In comparison, standard water heaters have a limited storage capacity and can run out of hot water, especially during periods of high usage, such as when guests are staying in your home. Consider your household’s hot water needs and usage patterns when choosing.
Tankless water heaters generally require less attention than standard units. The absence of a storage tank means there’s no risk of tank corrosion or sediment buildup. While tankless units do require periodic descaling to prevent mineral buildup, standard water heaters may require more frequent maintenance to flush out sediment and ensure the tank’s longevity.
With reduced energy consumption and a smaller carbon footprint, tankless units align with green living principles. Standard water heaters may not be as energy-efficient, contributing to higher greenhouse gas emissions. If sustainability is a priority for you and your family, the eco-friendly features of tankless water heaters may sway your decision.
Each type of water heater has its own set of advantages and considerations, and the decision ultimately depends on your household’s specific needs and priorities. Johnson Heating Cooling & Plumbing’s team of expert plumbers is Green Screened, which means we support sustainable and eco-friendly services and products. So not only will we help you choose the right water heater for your family, but we’ll make sure your choices are Earth-friendly.