When it comes to choosing a water heater for your home, there are several factors to consider. Most homeowners are familiar with traditional water heaters that have a tank, but tankless water heaters are a popular alternative in our energy conscious world. There are pros and cons to each, so make sure to do your research before deciding which is best for you.
Tank vs. Tankless
So which type of water heater is best? The first step is to consider your water supply needs and other factors specific to your household. There is no right or wrong choice, but there are certain instances when one type of water heater might be better suited to your home. Here are several factors to consider when deciding to go tankless or not:
- Space Limitations. Tankless water heaters are much smaller and compact. Tank water heaters typically hold 30-50 gallons of water and require floor space for installation. If your home doesn’t have a large utility closet, garage, or basement, a tankless water heater is probably the better choice. This is an especially important consideration for South Florida’s condo communities.
- Energy Efficiency. Tankless water heaters provide hot water “on demand” or only when you need it, as opposed to tank water heaters that keep water stored around the clock until ready to use. Tankless water heaters are better suited for those who have lower water supply needs and are energy conscious consumers.
- Cost, Cost, Cost. Many decisions made by homeowners are based on their financial situation. Tankless water heaters are more costly to install, but they can save you money in the long run due to their efficiency and extended life span, which can be double that of traditional water heaters. Weigh your current and future financial situation along with how long you plan on being in the home to make the best decision for you.
- Water Usage. Since tankless water heaters heat water on demand, they can be challenged when it comes to high output in a short period of time. For example, if your household requires multiple hot water demands simultaneously, such as showers, the flow rate may not produce an adequate amount of hot water to accommodate the usage.
When deciding on whether to go tankless or not, we advise to consider your home size, water usage, financial situation, and energy conservation needs. Tankless water heaters are better suited for households that are limited with space, have lower hot water supply needs, are energy conscious, and can afford a higher installation cost knowing it can be made up for in the long run through efficiency and water heater lifespan.
Total can help you decide which type of water heater is best for you! We’ve been in business since 1970, providing water heater purchase and repair services to customers throughout Miami-Dade, Broward and South Palm Beach counties. We work with the top water heater manufacturers in the business, and pass on our volume discounts to our customers, resulting in prices that are difficult for any of our competitors to match.
Click here to learn more about our tankless water heaters and view our specials page to review our current offers.