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Which is Better? A Tankless Water Heater or Regular Water Heater?

Which is Better? A Tankless Water Heater or Regular Water Heater?

When it comes to replacing your water heater, the first thing you should do is educate yourself as much as possible about the many types of heating systems so you can pick the best one. Basically, there are two types of heating systems: tank and tankless. These variants have their advantages and drawbacks, which is why it’s critical that you pick the best one for your needs.

Therefore, we present our guide to determining whether a tank or a tankless water heater is right for you:

What is the Cost of a New Water Heater?

Before we can go into detail about the tank and tankless water heaters, you need to know how much a typical unit costs. You can find a decent water heater that can handle your day-to-day needs for around $1,000. Keep in mind that a water heater at that price will be at the lower end of the spectrum. The best options for most homes will be in the $2,500 to $3,000 price range. Cheaper is usually not better when it comes to home appliances.

Does a New Water Heater Last a Long Time?

A water heater that is the right size for your home and family can last up to 20 years if it’s taken care of. However, it is rare that any water heater lasts that long without losing efficiency and costing you more in water bills. A real world scenario shows most modern water heaters to last for 6 to 12 years before needing to be replaced. So, you need to be extra sensitive while selecting a new water heater for your home.

What Does Installation Cost?

The cost of installing a new water heater is easier to predict than the price of the unit itself. Most installations are pretty standard and cost around $1,200 for a 50-gallon heater. Of course, there can be factors such as where it is located in your house, how difficult it is to remove the old one, and what certifications and expertise the installer has.

What are the Pros and Cons of Tank Heaters vs Tankless?

Tank Heater

The Pros:
  • Less expensive
  • Easier to install
  • Handles large water demands
  • Well known technology
The Cons:
  • Doesn’t last as long
  • Larger footprint
  • Cannot be installed outdoors
  • Energy efficiency is lower

Tankless

The Pros:
  • Very energy-efficient
  • Fast heat-up
  • Smaller footprint
  • Longer life
  • Indoor or outdoor installation
The Cons:
  • Costs more
  • Not as easy to install
  • More expensive to install
  • Not for high water demand

The Right Installer in Crucial

Regardless of the type of equipment you choose, finding the proper installer for your property is critical to avoid wasting your money. Because margins of error are so tight on such operations, it’s critical that you deal with a respectable and trustworthy business. You should examine their credentials and qualifications to determine if they have prior experience performing the work you will hire them to perform. While this may not be a perfect approach, it can help guarantee that your property is protected in case something goes wrong while the installation procedure is completed. If you’re looking for a water heater installation service in Greenville, SC, get in touch with us today! We’re happy to provide a free quotation.

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