The Different Types of Water Heaters: Tank vs. Tankless

Tank, Energy Efficiency, Installation, Lifespan, Maintenance, Overall Cost, Price, Storage, Tankless, Water Heater

When you’re shopping for a new water heater, it’s super important to understand the difference between tank and tankless options. Like most things, each has its pros and cons. Unfortunately, there’s no one-size-fits-all water heater that works for everyone. Every household has unique needs that will determine which model is best for you. Let your experts at Dublin Plumbing & Drain help you figure out what you really need and break down the advantages and disadvantages of each type of water heater. 

Tank Water Heaters  

Tank water heaters, also called storage tank water heaters, are the most common type you’ll find in homes. They consist of an insulated tank that holds, heats, and stores hot water until you need it. These heaters typically run on electricity or natural gas and come in sizes ranging from 30 to over 75 gallons for residential use. 

The Benefits of Tank Water Heaters:  

  • Easier and quicker installation: Tank water heaters are a breeze to install, which keeps the upfront costs lower.  
  • Plenty of hot water storage: These heaters have a large tank that keeps a good amount of hot water ready for whenever you need it.  
  • Low maintenance: Keeping up with a tank water heater is simple; just follow a regular flushing routine. Plus, you can do it yourself or get a plumber to help.  
  • Lifespan: With the right care, a tank water heater can last around 8 to 10 years. 

The Energy Efficiency of Tank Water Heaters:  

Some storage tank water heaters are designed so well and insulated so effectively that they can really cut down on standby heat loss, which helps lower your monthly energy bills. This is just another reason why picking the right water heater for your home is super important. 

The Price of Tank Water Heaters:  

When it comes to tank water heaters, it’s essential to think about all the costs involved.  

  • They usually have lower upfront costs.  
  • Maintenance costs for tank water heaters are typically less.  
  • Repairs tend to be cheaper too, thanks to their simple design. 

Tank Water Heaters Are Best for:  

Since their hot water supply is limited to the size of the water heater’s tank, these heaters are great for small to medium-sized families.   

Tankless Water Heaters  

Tankless water heaters, or on-demand water heaters, use super-efficient burners to heat water quickly whenever you need it—no waiting around! With these heaters, you don’t need a storage tank. They typically run on either electricity or gas. 

The Benefits of Tankless Water Heaters:  

  • Endless hot water supply: With a tankless water heater, you never have to stress about “running out of hot water.” That’s why they’re called “on-demand” water heaters! Traditional models store a certain amount, and once it’s gone, you have to wait for the tank to refill and heat up again. But with a tankless system, you can enjoy continuous hot water as long as there’s fuel or power to keep it running. 
  • Space-efficient: Tankless water heaters don’t take up much room since they’re usually mounted on walls instead of sitting on the floor. This is super handy for smaller homes where space is tight. 
  • Longer lifespan: These heaters can last up to 15 years, depending on your water type, usage, and how well you maintain them. In comparison, traditional water heaters typically last around 8-10 years. So, by choosing a tankless water heater, you won’t have to worry about replacing it as often, which can save you money in the long run. 

The Energy Efficiency of Tankless Water Heaters:  

According to energy.gov, if your home uses tankless water heaters, you could save up to 34% on energy compared to traditional storage tank heaters. So, if your household uses a lot of hot water each day, a tankless water heater might just be the way to go. 

The Price of Tankless Water Heaters:   

It’s important to think about all the costs when it comes to tankless water heaters.  

  • They usually have higher upfront costs. 
  • But you’ll save more each month thanks to their energy efficiency. 

Tankless Water Heaters are Best for:  

  • With their endless supply of on-demand hot water, these water heaters are perfect for larger homes or big families.  
  • They’re also great for houses with a hot tub or soaking tub! 

Understanding the differences between tank and tankless water heaters can really help you make an informed decision that suits your household best. We hope this has answered some of your questions and gives you a clearer idea of which option might be right for you! 

We’re always here to answer any questions you might have! Feel free to reach out to Dublin Plumbing & Drain by calling us today at (614) 547-9979 or schedule an appointment online now by clicking here!