While tankless water heaters run more efficiently than storage tank water heaters replacing a tank water heater with a tankless can be expensive and the payback time can be longer than the.
Tankless gas water heater vs tank.
This gives you at least 8 gpm or more compared to the electric 3 to 8 gpm it normally provides.
Tankless water heaters are more compact and can heat up water as you use it.
Deciding on a tankless vs.
The doe notes that storage tank water heaters typically last 10 to 15 years while most tankless units have a life expectancy of 20 years or more.
With the gas tankless water heater it may have an even pricier installation cost.
And storage tank water heaters while less expensive up front don t last as long as tankless options.
The plus side to the gas water heater is the increased gpm.
The cost of a tankless water heater can range anywhere from 2 000 4 500 compared to a storage tank water heater which ranges from about 500 800.
Tankless water heaters have a higher purchase cost than a traditional storage tank.
Therefore if you do not have enough money in pocket you can have a storage tank water heater.
Water heaters with tanks.
If we compare tankless vs tank water heater cost initial expense of a storage tank water heater is lower.