To Tank or Not to Tank? Choosing Between Tank and Tankless Water Heaters
You have to let it all go, Neo — fear, doubt, and disbelief. Free your mind! And decide which water heater suits you best. In this article, we will compare tank and tankless water heaters.
How Are Tank and Tankless Water Heaters Different?
TANK WATER HEATER
A storage tank water heater is the water heater we all know.
- Usually they can store 20 to 80 gallons of hot water;
- Takes quite a bit of space;
- The life expectancy is about 10 to 15 years per unit;
- Installation cost averages from $400 to $1,000 (labor only).
TANKLESS WATER HEATER
A water heater that only heats water when needed.
- Heats up water at an average rate of 2-5 gallons per minute;
- Does not require much space;
- The life expectancy may be more than 20 years;
- The installation cost averages around $2,500 (labor only).
Another point that differs between tank and tankless water heaters is energy efficiency. Tankless water heaters are 8 to 34% more efficient to run than storage water heaters because they heat water on-demand. So there is never any “wasted” heat. However, this can have a downside as well. If the household requires a lot of hot water simultaneously, a tankless water heater may not always be able to handle it.
As you can see, a tankless water heater outperforms a storage water heater in almost every category except for installation cost. If price is a concern, then it would make sense to calculate your capacity needs and energy usage.
Whatever water heater you choose, FUSE can help with its installation. For California residents, it would make a lot of sense to get a heat pump water heater since you can get a rebate for it. Give us a call at (408) 898-1576 or send an email to support@fuseservice.com to learn more about the rebate, differences, and what would fit your household best.