In recent years tankless water heaters have been making a big splash in the hot water business. If you're due for a water heater replacement, you might be considering going the tankless route. These new water heaters have a lot of things in their favor, but there are also some potential down sides you should be aware of before you make the investment in a tankless water heating system.
There are both pros and cons when it comes to the cost of a tankless water heater. The price tag of these systems is likely to give you some sticker shock initially. They cost more than traditional water heater tanks by a fairly large margin -- and installation is more expensive as well due to the requirement for new plumbing systems. You can expect to pay twice as much or more for a tankless water heater as you would if you replaced your current one with a traditional tank-style heater.
Of course, the upfront cost is mitigated by a few important points. First, the lifespan of a tankless water heater is longer than that of a traditional model -- up to twice as long, which means you might have to replace your water heater again with a traditional model long before a tankless model needed replacing. Secondly, tankless heaters only heat water as needed -- so you aren't running up energy bills keeping a big tank of water hot. In the long term, tankless heaters have the potential to make up for some of their initial cost.
Depending on where you water heater is located, you make be grateful for the extra space afforded by switching to a tankless heater. Bulky tanks can take up a lot of room, especially if they're located in the garage, a place in the house that has a way of becoming overcrowded. Going to a tankless water heater can buy you some space for that extra fridge, some more storage room, or simply make the space feel less crowded.
If your water heater is located out of the way, in a basement or closet -- or if you have a large house -- space saving might not be part of the equation for you. But in small homes, it can make a big difference.
Hot Water Output
If you have a big family with a lot of people needing hot water for that morning rush through the shower, you might find a tankless heater struggling to keep up. While it can heat water quickly and provide it consistently, a tankless heater can sometimes have a hard time providing enough hot water for high-demand homes. Traditional tank heaters, especially the more efficient modern ones, are generally up to the task of providing enough hot water for everyone, even during times of heavy use.
Take your family's hot water use and needs into consideration when deciding which type of heater will replace your old one. For more information, contact a company like Marv's Plumbing.