What To Know
- The average cost of a tank water heater is between $500 and $1,000, while the average cost of a tankless water heater is between $1,000 and $2,000.
- Tank water heaters can be installed in a matter of hours, while tankless water heaters may take a day or two to install.
- Tank water heaters can be installed in any location, while tankless water heaters must be installed near a water source and a power source.
When it comes to choosing an electric water heater for your home, you have two main options: tankless or tank. Both types of water heaters have their own advantages and disadvantages, so it’s important to weigh your options carefully before making a decision.
In this blog post, we’ll compare electric water heater tankless vs. tank in terms of:
- Efficiency
- Cost
- Installation
- Maintenance
- Lifespan
- Pros and cons
By the end of this post, you’ll have all the information you need to make an informed decision about which type of water heater is right for you.
Efficiency
Electric water heater tankless are much more efficient than tank water heaters. Tank water heaters store a large amount of hot water in a tank, which means that they constantly lose heat to the surrounding air. Tankless water heaters, on the other hand, only heat water when you need it, so they don’t waste energy.
According to the U.S. Department of Energy, tankless water heaters can be up to 30% more efficient than tank water heaters. This can save you a significant amount of money on your energy bills over time.
Cost
Tank water heaters are typically less expensive to purchase and install than tankless water heaters. However, tankless water heaters can be more cost-effective in the long run because they are more efficient.
The average cost of a tank water heater is between $500 and $1,000, while the average cost of a tankless water heater is between $1,000 and $2,000. The cost of installation will vary depending on the complexity of the job.
Installation
Tank water heaters are easier to install than tankless water heaters. Tank water heaters can be installed in a matter of hours, while tankless water heaters may take a day or two to install.
Tank water heaters can be installed in any location, while tankless water heaters must be installed near a water source and a power source.
Maintenance
Tank water heaters require more maintenance than tankless water heaters. Tank water heaters need to be drained and flushed annually to remove sediment and scale. Tankless water heaters only need to be flushed every few years.
Lifespan
Tank water heaters typically have a lifespan of 10-15 years, while tankless water heaters can last for 20-25 years or more.
Pros and Cons of Electric Water Heater Tankless vs. Tank
Tank Water Heaters
- Pros:
- Less expensive to purchase and install
- Easier to install
- Can be installed in any location
- Cons:
- Less efficient than tankless water heaters
- Require more maintenance
- Shorter lifespan
Tankless Water Heaters
- Pros:
- More efficient than tank water heaters
- Require less maintenance
- Longer lifespan
- Cons:
- More expensive to purchase and install
- May not be able to provide enough hot water for large households
- Must be installed near a water source and a power source
In a nutshell: Which Type of Electric Water Heater is Right for You?
The best type of electric water heater for you depends on your individual needs and budget. If you’re looking for an efficient and low-maintenance water heater, then a tankless water heater is a good option. However, if you’re on a tight budget, then a tank water heater may be a better choice.
No matter which type of water heater you choose, be sure to have it installed by a qualified professional.
Questions You May Have
1. What is the best size electric water heater for my home?
The size of electric water heater you need will depend on the number of people in your household and your hot water usage habits. A general rule of thumb is to choose a water heater that can hold 50-60 gallons of water for a family of four.
2. How long does it take to heat up a tankless water heater?
Tankless water heaters heat water instantly, so you don’t have to wait for a tank to fill up with hot water.
3. Can I install a tankless water heater myself?
It is not recommended to install a tankless water heater yourself unless you have experience with electrical work and plumbing. Tankless water heaters require a special gas line and electrical connection, so it’s best to leave the installation to a qualified professional.
