Tankless Water Heater Vs Tank 2014

Water heaters with tanks.

Tankless water heater vs tank 2014.

In general a tankless water heater will cost about 2 3 times more than a tank water heater of similar quality. If a customer is looking to eliminate the footprint of a storage tank entirely a tankless water heater may be their best option. Plus the larger electric tank will experience greater standby losses due to its greater surface area. There s one key reason for that.

One of the first things to consider is whether you should get a tank or tankless water heater. For homes that use 41 gallons or less of hot water daily demand water heaters can be 24 34 more energy efficient than conventional storage tank water heaters. They can be 8 14 more energy efficient for homes that use a lot of hot water around 86 gallons per day. According to energy research done by energy gov if you are using a 40 gallon tank of hot water or less your energy demand is typically less than 50 percent with a tankless water heater compared to a water heater tank.

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 warranty. According to the u s. Tankless water heaters are more compact and can heat up water as you use it. Lifespan tank water heaters.

Propane storage tanks efficiency and smaller size can free up valuable space. But if you re not going to be in your house for more than five years does it really matter. Department of energy tankless water heaters can be between 8 and 50 more energy efficient than tank style water heaters but the actual efficiency depends on the amount of hot water you use. For most households they can produce a savings of 100 or more every year.

Here s the biggest knock against the tankless water heater. Since a tankless will last as much as two or three times longer than a tank heater you might need to install two tanks in the amount of time you have with one tankless. If you use less than 41 gallons of hot water per day a tankless heater is 24 34 more efficient than a tank style heater. Most notably a 40 gallon propane storage tank water heater can deliver the same amount of hot water as a 50 gallon electric model.

Tankless water heaters are as much as 34 more efficient thank tank models according to the energy department.