Differences Between A Traditional Water Heater And Tankless
Size
Tankless water heaters are a lot smaller than tank water heater. In fact, the average tankless water heater is ¼ the size of a tank water heater. That is one of the reasons many people are choosing to switch to tankless water heaters.
Cost
Tankless water heaters are a lot bigger than tank water heaters. The cost of a tankless water heater ranges from $800 to $1,165. The cost of installation can cost over $1,200. A tank water heater can cost $300 to $480. You can get a tank water heater installed from less than $200.
However, people who have tankless water heaters may actually be able to save money over time. Tankless water heaters do not use as much energy as tank water heater. It is estimated that tank water heaters use 22 percent less energy than tank water heaters. You will be able to save money on your electric bill and water bill.
Life expectancy
Tankless water heaters last longer than tank water heaters. The average tankless water heater can last from 15 to 20 years. The average tank water heater can last eight to 10 years. Keep in mind that both tank and tankless water heaters require regular maintenance in order to function properly.
Hot Water
Homes with tank water heaters have a tendency to run out of hot water. However, people who have tank water heaters will not have to worry about running out of hot water. Tankless water heaters provide hot water on demand.
Before you purchase a water heater, it is important for you to note the differences between tank and tankless water heaters.Tank and tankless water heaters differ in size, cost and life expectancy. Tankless water heaters can also provide you with hot water on demand.
Looking into different water heaters for your Guelph property? Call Lodder Brothers Limited today at (519) 836-6370 for a water heater installation!
