Copper valves, stainless ball valves and plastic pipes on a boiler room equipment in apartment during under renovation, remodeling and construction.

Tank VS. Tankless: Which Type of Water Heater Should You Get

A hot shower feels great on a cold day, but how do you heat the necessary water? Do you choose tank or tankless water heaters? Keep reading to learn about the differences between the two and decide which is better for your hot water tank installation.

Tankless Water Heater

A tankless water heater rapidly heats water when you need it and doesn’t store heated water. There are certain advantages to going tankless:

  • More energy efficient, which saves money over time
  • Greater longevity, typically lasting twice as long as tank water heaters
  • Require little space for hot water tank installation
  • Hot water when you need it

There are also some disadvantages of tankless water heaters:

  • Higher purchase price
  • More expensive installation if you already have a hot water tank
  • Can be overwhelmed by demand if you need a lot of hot water at once

Hot Water Tank Installation

Hot water tanks, in contrast, have an insulated storage tank that holds heated water until you need it. Advantages of an affordable water heater with a tank include:

  • Lower initial cost
  • Simple to operate, making repairs and maintenance less expensive

Disadvantages of a hot water tank include:

  • Higher utility bills
  • Require more space than tankless water heater units
  • You might run out of hot water and have to wait for more to heat
  • Must be replaced more frequently than tankless hot water units

Choosing an Affordable Water Heater

If you’re looking for an affordable water heater, you’ll have good options in both tank and tankless varieties. Compare the advantages and disadvantages of each and choose the one that best meets your needs.

 

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