Do you need help choosing the right water heater? You’re at the right place! The choices are endless, from a tankless water heater vs. tank water heater to gas vs. electric water heater options, and varying sizes and capacities. Let us help you choose the right water heater with key factors to consider, included below!
Tankless Water Heaters vs. Tank Water Heaters
Each type, whether tankless or traditional tank model, has its advantages and disadvantages. Let’s take a look at them!
Tank Water Heaters
Traditional tank water heaters store a large volume of hot water in a tank, which is constantly heated and ready to use. The tank sizes can vary from 20 to 120 gallons, depending on the household’s needs. When you turn on a hot water faucet, the hot water is drawn from the tank and replaced with cold water, which is then heated to maintain the tank’s temperature.
Pros of Tank Water Heaters
- Generally less expensive than tankless models, which can be a significant factor for homeowners on a tight budget.
- Easier to install than tankless models.
- Require very little maintenance beyond periodic tank flushing to remove sediment buildup.
Cons of Tank Water Heaters
- Tank water heaters can run out of hot water if the pre-heated water is used and new water is not given enough time to heat up before use.
- Can be less energy efficient as they constantly maintain a temperature to keep the water in the tank hot, even when it’s not being used.
- Can be large and take up a significant amount of space, making them less ideal for smaller homes or apartments.
Tankless Water Heaters
Tankless water heaters heat water on demand as it passes through the unit rather than storing hot water in a tank. When you turn on a hot water faucet, cold water is heated as it passes through the unit and is delivered to your faucet.
Pros of Tankless Water Heaters:
- A tankless water heater vs. tank water heater can provide an unlimited hot water supply.
- Can be more energy efficient than tank models, as they only heat water as needed, reducing the energy used to maintain a constant temperature.
- Are typically smaller and take up less space than traditional tank models, making them a good option for homes with limited space.
Cons of Tankless Water Heaters:
- Tankless water heaters can have higher upfront costs than traditional tank models.
- Require more complex installation with specialized venting and electrical wiring.
- A tankless water heater vs. tank require periodic maintenance to prevent scale buildup, which can be more costly and time-consuming.
Gas Water Heaters vs. Electric Water Heaters
Another decision when selecting the right water heater is to consider the benefits of gas vs. electric water heater models.
Gas Water Heaters
Gas water heaters use natural gas or propane to heat the water in the tank. Just like electric water heaters, they are available in both traditional tank and tankless models so it’s important to understand the unique benefits of gas vs. electric water heaters.
Pros of Gas Water Heaters
- Faster recovery rate: Gas water heaters typically can heat a new tank of water more quickly after use.
- Lower energy costs: Gas water heaters can be less expensive to operate than electric models, especially in areas where natural gas prices are low.
- Consistent performance: Gas water heaters can maintain consistent hot water temperatures even during periods of high demand.
Cons of Gas Water Heaters
- Higher upfront costs: They can be more expensive to purchase and install than electric models.
- Requires gas supply: Require a natural gas or propane supply, which may not be available in some areas.
- Safety concerns: Gas water heaters can pose a safety risk if not installed and maintained properly, as they can release harmful gases such as carbon monoxide.
Electric Water Heaters
Electric water heaters use electricity to heat the water. They are also available in both traditional tank and tankless models so it’s important to consider the benefits of electric vs. gas water heaters.
Pros of Electric Water Heaters
- Easy on budget: Electric water heaters are generally less expensive to purchase and install than gas models.
- No gas supply needed: Electric water heaters do not require a natural gas or propane supply, making them a good option for homes without gas lines.
- Safer: Electric water heaters do not produce harmful gases such as carbon monoxide, making them a safer option.
Cons of Electric Water Heaters:
- Expensive: Electric water heaters can be more expensive than gas models, especially in areas with high electricity rates.
- Slower recovery rate: Electric water heaters may take longer to heat a new tank after use.
- Not suitable for larger households: Electric water heaters may need help maintaining consistent hot water temperatures during periods of high demand.
Key Factors to Consider to Choose the Right Water Heater
When selecting a water heater, several key factors exist beyond the type and fuel source. These factors can impact the overall performance and cost of the unit, so it’s essential to consider them when making a decision between a tankless water heater vs. tank and gas vs. electric water heaters.
Purchase price
The initial cost of the water heater is an important consideration, as it can impact the overall cost of ownership over the unit’s lifespan. Tankless water heaters and gas models tend to have higher purchase prices than traditional tank and electric water heaters.
Installation cost
The installation cost can vary depending on the type of water heater, fuel source, and other factors. Tankless and gas water heater models can be more expensive to install due to the need for specialized venting and electrical wiring. Overall price, including purchase and installation costs, should be considered when you choose the right water heater.
Space requirements
The size of the water heater can impact where it can be installed in the home. When comparing a tankless water heater vs. tank and gas vs. electric water heaters, tankless and electric models tend to take up the least relative space.
Hot water demand
To choose the right water heater, the household’s hot water demand and usage habits should be considered. Larger households with high hot water demand may benefit from a tankless or gas model. In comparison, smaller households with lower demand may be better suited to a traditional tank or electric model.
Maintenance costs
The maintenance costs can impact the overall cost of ownership over the unit’s lifespan. Tankless water heaters and gas models can be more costly to maintain than traditional tank and electric models.
Longevity
The lifespan of the water heater can impact the overall cost of ownership. Tankless and gas water heater models have a longer lifespan than traditional tank and electric water heaters.
Environmental impact
The environmental impact of the water heater should also be taken into account. Tankless water heaters and electric models are more environmentally friendly than traditional tank and gas models, using less energy and producing fewer emissions.
Safety
The water heater’s safety should be a top priority, as a malfunctioning unit can pose a risk to the household. Gas models can pose a safety risk if not installed and maintained properly, while electric models can pose a risk of electrical shock.
Bottom Line
Ultimately, the right water heater will depend on the household’s needs, budget, and preferences. It’s essential to work with a qualified professional like Payless Water Heaters. We can help assess your home’s hot water needs and help you choose a water heater that will provide consistent, reliable, and safe hot water for years to come. Call Payless Water Heaters today so we can help you choose the right water heater, whether it’s conventional tank vs. tankless or gas vs. electric. We’ll make sure you get the best water heater for your needs as well as help you size it correctly. Don’t forget to check out our Google reviews!
