Tankless Water Heater Vs Electric Tank Water Heater

Deciding on a tankless vs.

Tankless water heater vs electric tank water heater.

Electric tankless water heaters still save homeowners around 44 per year according to the us department of energy. This gives you at least 8 gpm or more compared to the electric 3 to 8 gpm it normally provides. Storage tank water heaters operate more simply than a tankless water heater which means there maintenance and repair costs are less. Longer useful lives than storage tank water heaters.

The simplicity of the storage tank water heater makes for lower cost repairs when they stop functioning properly. We rated the annual energy consumption cost excellent for a gas. The plus side to the gas water heater is the increased gpm. Along with their longer lifespan tankless water heaters are known to have reduced monthly energy bills helping offset their higher purchase price.

You ve figured out that a tankless water heater will be much more efficient cheaper to run and longer lasting than one with a tank. This energy star certified titan of a tank delivers up to 72 gallons of hot water per hour dependent on tank capacity which is a rate much faster than the normal electric water heater. With the gas tankless water heater it may have an even pricier installation cost. The doe notes that storage tank water heaters typically last 10 to 15 years while most tankless units have a life expectancy of 20 years or more.

Tankless water heaters typically last 20 to 30 years double the forecasted useful life of a storage tank water heater. However depending on your local electric utility s billing policy the tankless may be much more expensive to operate. The reason is demand charge. Now you need to determine what is the better type of tankless water heater for your home.

All else being equal the tankless unit will use less kwh electricity than the unit with the tank because the tankless does not spend energy keeping hot water on standby.