Tankless Water Heater Vs Electric Tank Water Heater

Along with their longer lifespan tankless water heaters are known to have reduced monthly energy bills helping offset their higher purchase price.

Tankless water heater vs electric tank water heater.

However depending on your local electric utility s billing policy the tankless may be much more expensive to operate. Now you need to determine what is the better type of tankless water heater for your home. Electric tankless water heaters still save homeowners around 44 per year according to the us department of energy. We rated the annual energy consumption cost excellent for a gas.

Deciding on a tankless vs. Longer useful lives than storage tank water heaters. You ve figured out that a tankless water heater will be much more efficient cheaper to run and longer lasting than one with a tank. Gas and electric tankless water heaters run more efficiently than the conventional water heaters of the same fuel type.

The simplicity of the storage tank water heater makes for lower cost repairs when they stop functioning properly. Still the decision process is far from over. Tank water heater can be quite straightforward once you go through the basics. With the gas tankless water heater it may have an even pricier installation cost.

All else being equal the tankless unit will use less kwh electricity than the unit with the tank because the tankless does not spend energy keeping hot water on standby. The reason is demand charge. The doe notes that storage tank water heaters typically last 10 to 15 years while most tankless units have a life expectancy of 20 years or more. Tankless water heaters typically last 20 to 30 years double the forecasted useful life of a storage tank water heater.

This gives you at least 8 gpm or more compared to the electric 3 to 8 gpm it normally provides.