Building An Addition: A Homeowner's Guide

3 Things To Know About Tankless Water Heaters

by Toni Richards

When it comes to water heaters, there are a variety of options to choose from, including traditional tank-type water heaters and tankless water heaters. Water heaters can also have different sources of power, including electric and gas. Choosing the right option for your home can be a challenge. For many, tankless water heaters are an attractive option. These water heaters do have some advantages over traditional tank-type water heaters. Here are three things that you should be aware of when it comes to tankless water heaters. 

They Last Longer

While water heaters are an essential appliance, they don't last forever. With everyday use, they will eventually break down. This means that it's likely that you will have to replace your home's water heater at least a few times in your lifetime. The average lifespan of a traditional water heater is between 8 and 12 years; however, tankless water heaters can last upwards of 20 years with proper care and maintenance. If you are looking for a long-lasting option, tankless water heaters may be the right option for you.

They Take Up Less Space

If space is at a premium in your home, a tankless water heater may be the right option for your home. These water heaters are typically smaller than traditional water heaters. With tankless water heaters, you have the option between gas and electric. Gas-powered tankless water heaters tend to be larger than electric-powered tankless units but are still smaller than tank-type water heaters. Gas-powered units require space for vent installation as well. Electric tankless water heaters are smaller; however, they cannot heat up as much water as gas-powered units and are a better option for small homes and apartments. Electric units typically measure 10-inches high and 7-inches wide while gas units are typically 30-inches high and 20-inches wide.

They Are More Expensive

Another thing to be aware of when it comes to tankless water heaters is that they are typically more expensive than traditional tank-type water heaters. With installation, the average cost of a tankless water heater is around $3,000 while a traditional water heater will only set you back $889 on average. While tankless water heaters are more expensive, they also have a longer lifespan and are more energy efficient. This energy efficiency can lead to significant savings on your energy bills.

If you are considering a tankless water heater, there are a few things that you should be aware of. These types of water heaters are longer-lasting compared to traditional water heaters and can last for 20 years or more. They are also smaller than traditional water heaters and are a great option for small homes. While they are more expensive up-front, their longer lifespan and higher energy efficiency can help make up for the higher up-front costs.

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