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Heating water accounts for a significant amount of the average home’s energy budget. Tankless water heaters can help alleviate that cost by providing greater efficiency, which in turn will lead to greater savings. However, they are not without their limitations. You should carefully weigh the pros and cons if you plan on making the switch to tankless water heaters.¬† Here is some useful information that will help you make your decision:


Energy Saver/ Cost-efficient

  • Initially, a tankless water heater will cost more, but operating costs will cost less and save you more over the years. You will not waste money on heating water in a tank that is just sitting idle until someone needs it for a hot shower. Tankless units provide that hot water instantly when you need it, therefore not having to waste energy heating unused water. Additionally, tankless water heaters allow you to run more appliances at the same time, allowing you to take a shower while other appliances, such as laundry machines and dishwashers, are running.

Lasts Longer

  • Tankless water heaters are estimated to last up to 20 years, a good 8-10 years longer more than regular tank water heaters. Furthermore, most tankless water heaters have 10-15 year warranties.

Cleaner Water

  • Tankless water heaters provide fresher and cleaner water by not having the buildup of rust and scale to the extent of regular tank water heaters.

Space Savings

  • One significant advantage of tankless water heaters is the potential space savings. Tankless water heaters can be placed almost anywhere in a house.¬†Typical tank water heaters are big and bulky, taking up considerable space in a home. Tankless water heaters can be hung on walls on the inside or outside of a house, taking up very limited space.


Limited Output

  • A traditional tank water heater stores 40 to 60 gallons of hot water and will keep your water needs taken care of for quite some time. A tankless water heater has a throughout limit, only able to supply a few gallons of hot water at a time, throughout all the times you use it. A tankless water heater is unable to reheat an additional supply of hot water as quickly as a regular tank water heater. This can be significant in households with a fairly large amount of people living in them, as they will usually use a larger amount of hot water for longer periods at a time.

More expensive initial cost

  • The purchase and installation costs for a tankless water heater are significantly higher than the standard tank water heater. A traditional tank water heater might cost as much as $300-$400, with options going as high as $1,000. Tankless water heaters usually start at around the $1,000 mark.¬† However, it is important to keep in mind the potential amount that can be saved over the long run due to the efficiency of a tankless water heater.

Overall, a tankless water heater can save you money in the long run, all the while providing additional convenience for your family, but keep in mind the initial cost and hot water consumption due to large families. Hopefully, the information that has been provided will be helpful when the time comes to get a new water heater. By weighing the pros and cons, you can make the appropriate decision for your home.