Should I Get a Tankless Water Heater?

Should I Get a Tankless Water Heater?

From taking showers to cooking, and washing dishes, hot water plays a vital role in a household. And thanks to the water heater, these day-to-day activities are possible. But even so, a water heater is a basic appliance that most homeowners never want to worry about replacing. And oftentimes, it’s only a few who inspect it regularly. 

But truth be told, it’s like any appliance when it comes to corrosion, fatigue, and eventual replacement. Thankfully the rollout of tankless water heaters is a lifesaver to many homeowners. While you can’t prevent the eventual fatigue, corrosion, and replacement, you can push it further. 

What’s more, they are efficient when it comes to water and energy consumption. Now, let’s look at the pros and cons of tankless water heaters to help you decide whether you should get it: 

PROS

  •     Saves Space

If you want to conserve the storage space in your basement, a tankless water heater will do. It’s one of the appealing features of this appliance besides energy efficiency. Thanks to its compact design, you don’t need bigger space as you would with tank water heaters. In some cases, you will find tankless water heaters as small as a shoebox. 

  •     Energy Efficiency

When you compare it to the typical tank water heaters, tankless water heaters are energy-saving. And this is because they don’t experience stand-by loss of energy as tank water heaters. Speaking of standby energy loss, in tank-style water heaters, the water is heated and then stored for use when you need it. 

And it’s during the storage time that heat energy goes to waste through dissipation. As a result of this energy loss, you incur huge energy bills every month. But thanks to tankless heaters’ instant hot water supply, you can save a significant amount of cash on monthly bills. 

  •     Instant Hot Water

A tankless water heater provides hot water instantly. As a result, you would not waste several minutes waiting as you would with tank water heaters. 

  •     Longer Lifespan 

Irrespective of the type of water heater you have, replacing it is quite expensive. As a result, you need one that can last longer to save on the cost of replacing it. While both tankless and tank-style water heaters can last for over a decade, one surpasses the other on lifespan. In this case, a tankless water heater is the best since it has twice the lifespan of tank-style water heaters.

  •     Continual Hot Water Supply 

Since they don’t rely on the tank to store hot water, tankless water heaters provide a continual supply of hot water. But when it comes to the tank water heater, hot water may run out due to overuse. 

  •     Cost-Effective 

While the initial cost of installation is more than that of a tank-style heater, it still pays off over time. And this is because they’re low maintenance and energy saving. 

CONS

  •     Initial Cost – the initial cost of installing a unit is higher than that of tank-style heaters. 
  •     Lower hot water supply when sharing. When you install a small unit, multiple uses of hot water at the same time may mean a low supply. While a bigger unit can handle this kind of consumption, the initial installation cost is higher.  

Final Take

From your perspective, between pros and cons on the tankless water heater, which one seems to favor your situation? Well, if you are fascinated by this appliance and want to try it out, reach out to Flamingo Plumbing. Serving the West Palm Beach and Palm City Florida area, they offer the best consultation and installation services. What’s more, they also provide free estimates to their clients. As a result, you can discover the kind of tankless water heater your budget can support.