“While the traditional water heater is using preheated water whenever someone showers, does the laundry, or washes dishes, a tankless water heater uses a heat source to warm up water on demand when needed.
A conventional water heater has a lower initial cost and the installation can be half as much, making this a huge pro for this type of heater. Also, it Is easier and fairly inexpensive to replace. On the down side, your utility bill is commonly a bit higher. During the winter especially, when it is pre heating all the water to a set temperature, this increases your bill. It is also a bit bulkier and takes up more space than a tankless water heater. Finally, something to keep in mind, this type of heater can also run out of hot water. If you’ve been the last one in the family to get up and shower on a cold December morning, I don’t have to tell you how frustrating that can be. A Conventional water heater normally lasts 8-12 years.
Tankless water heaters saves you a lot more money in the long run. They also don’t take up as much space, allowing more installation options, like outside. A tankless water heater lasts up to 20 plus years. Almost double a traditional water heater’s life. They can also provide two to three gallons of hot water per minute, almost immediately. One deterrent is that initially, they are a bit more expensive. Installation costs anywhere from $2800-$4500, all depending on the model and who you get it from. On that same note, replacing a traditional water heater with a Tankless system is a bit more complicated, increasing the cost of installation.”
Read more on the differences between the two here.
If money isn’t a problem, then logic says that a tankless water heater is the way to go. Even if you can’t afford one outright, it might be worth looking at some financing options. The fact that tankless water heaters supply hot water on demand and last nearly twice as long is hard to argue against. People with large families or hosting guests will surely appreciate the worry-free aspect of taking a shower or bath on a whim.
No matter what your preference is, Apple Valley Eagan Appliance has your water heater installation and repair needs covered. Give us a call at 952-953-0080 or visit our water heater page for more information.