For decades, tank water heaters were the only option for homes. These systems are designed to store large supplies of heated water which is readily available for use at any time. However, the arrival of tankless water heaters has made homeowners question which type of water heater is superior. While the adequate type of water heater for your home depends on your living situation, our Bartlett plumber has listed the following advantages and disadvantages for each kind.
Traditional Water Heaters
Advantages for traditional water heaters include:
- Lower initial cost
- Simple and inexpensive to replace
Disadvantages for traditional water heaters include:
- Increased utility bills due to pre-set temperatures
- Occupy more room and can’t be positioned outdoors
- Limited amount of hot water
- Shorter lifespan which lasts around 10-15 years
Tankless Water Heaters
Advantages for tankless water heaters include:
- Saves money in the long run by being around 30% more energy efficient than traditional water heaters
- Last longer by almost double of a traditional water heater
- Requires less space and can even be installed outdoors
- Provides hot water on demand
Disadvantages of tankless water heaters include:
- Higher initial cost depending on the model and the provider
- Retrofitting adds to the initial cost if you plan on replacing a traditional water heater with a tankless system.
In order to determine which option fits your needs, contact our Bartlett plumber today and schedule an appointment.