While the installation costs associated with tankless water heaters may also be more expensive (depending on the system’s size and complexity), you may be able to recoup some of your installation costs over the long run through reduced energy usage.
In contrast, a tankless water heater’s compact design gives you more installation options than a traditional water heater. Some models even allow you to install the water heater outdoors to save space. Keep in mind that tankless water heaters have unique venting requirements that may affect your installation choices.
On some gas-fired tankless water heaters, the pilot light can be an unexpected source of energy waste. However, it’s possible to offset this wasted energy with the savings gained from eliminating standby energy losses.
Most tankless water heaters can handle heavy hot water usage with relative ease. When it comes to heavy water usage at multiple hot water outlets, however, traditional water heaters remain the better option. Whereas a tankless water heater may need multiple heating units—to handle simultaneous showering and dishwater usage, for example—a conventional water heater can handle demand from multiple areas without missing a beat.
Tankless water heaters also benefit from a longer lifespan. The average tankless water heater has a life expectancy of 20 years or more, depending on how well it’s maintained throughout its life. In comparison, a traditional water heater has a lifespan of 10–15 years.
If you’re still having trouble choosing a water heater that works best for your home, you can always turn to the experts at AAA Home Services. Call us or schedule an appointment through our online form.