If you feel that a big tank used for heating your water constantly placed in your basement is an inefficient and useless way, then tankless water heater is the thing you must be thinking about. Nevertheless, each and everything comes with merits and demerits.
Below is an evaluation of pros and cons tankless water heaters. Go through them in order to determine whether those are the right choice for you.
- The first thing that we associate tankless water heaters is with cost-effectiveness. You will surely spend more money to get tankless water heaters and on plumbing fixtures but you will save a lot in the long run. You operating costs will start to compensate for the money you have invested initially. It also saves energy. Tankless systems provide hot water on demand only whenever you need it. You don’t have to consume energy heating water that is not in use.
- A typical tank water heater lasts around 10 to 13 years whereas tankless water heaters can keep going up to 20 years. If you are not planning to shift in while, that it can be an ideal investment.
- Even if you are not concerned about saving money and energy, then one of the biggest benefits tankless water heaters offer is space efficiency. Traditional water heaters take considerable amount of space. This bulky tanks can take over a lot of space which can be troublesome for homeowners who already are short on space. Tankless water heaters are designed to take as less space as possible.
- There is a lot of variety in the market. From the best electric tankless water heater to the best condensing units, you can acquire all at different ranges of price.
- A traditional tank water heater can be 3 times less expensive than tankless water heaters. There is pretty big difference in the price tag. Of course, tankless water heaters will make up for the extra cost but initial investment is a large one.
- A tankless water heater comes with a limited output. Traditional heaters can store around 40 to 60 gallons of water that can satisfy you needs for a long period of time. Tankless water heaters are not a good choice for large families who needs a consistent supply at a time. It cannot accommodate a family where multiple people are taking shower, laundry is being done and dishes are being washed at the same time.
Here were some pros and cons of using tankless water heaters. Evaluating them can give you a better idea about what is the right choice for you. Clearly larger families must go for traditional options since newer ones cannot accommodate their demands. Nevertheless, tankless water heaters are the best option for smaller families.
Whatever your preferences are, it is essential to keep in mind that the heater you are choosing must comply with standardized quality requirements. Go through different reviews on the Internet and then make the best choice to get a better return on investment.