Water heaters are one of the most necessary appliances in our homes, but how do you know which one is right for you? Whether you’re considering upgrading your water heater or installing a new one, you’ve likely heard about tankless water heaters. Tankless water heaters have many advantages, but there are also some potential drawbacks to consider.
In this article, we’ll explore the pros and cons of tankless water heaters, to help you determine if this type of water heater is the right choice for you.
Pros and Cons of Tankless Water Heater
Tankless water heaters offer a number of advantages and disadvantages when compared to traditional tank water heaters. Despite their higher cost and initial installation, tankless water heaters provide energy savings in the long term, along with a much longer service life.
- Significantly lower energy bills due to less energy required.
- Production of hot water on demand, with no need to wait for a tank to fill.
- Reduction in risk of flooding caused by water leakage from the tank.
- Occupies less space in comparison to traditional tank water heaters.
- Longer service life: tankless water heaters last up to twice as long.
- Requires more frequent maintenance as compared to traditional water heaters.
- Costlier upfront investment than traditional water heaters.
- Installation is more complex and requires a professional installer.
- May not keep up with peak demand, resulting in cold water.
- Certain areas are better suited to certain types of tankless water heaters.
Tankless water heaters can provide significant energy savings and convenience, while taking up less space and lasting longer.
Even with their higher cost and installation complexity, they may be more cost effective over the long run. Be sure to weigh the pros and cons of tankless water heaters to make the most informed decision for your household.