Conventional vs Tankless: What is the Difference Between these Water Heaters?
If you are in a position of needed to replace your conventional water heater, then you may be wondering if it is time to upgrade to a tankless water heater. At The Stanley Louis Company, we are happy to offer our advice based on your specific needs – just call us at 800-217-6527. However, you can also read on to learn more about the basic differences between these options and the advantages each of them offers.
Conventional water heaters have that name for a reason
When we use the word “conventional” we mean it – these are by far the most common type of water heater you will find used in the United States. The size options of these water heaters range from 50 gallons on the lower end and 80 gallons on the upper end. They are very simple appliances – water gets into the tank and is then heated by a gas burner or electric element.
A conventional unit will constantly heat water that’s in the tank and keep the temperature at the set level, usually 120 degrees. However, when the hot water is used up, then you will not have hot water again until it is able to heat up more water.
Conventional water heaters are not energy efficient
One of the biggest issues with conventional water heaters is that they are not energy efficient. It makes sense when you consider that they are constantly heating water every day, every night – whether it is needed or not. Even if you do not use hot water for an entire week, you are still paying to heat that water. Another issue with these units is that one of the most common causes of residential property loss due to water damage is a leaking conventional water heater.
The basics of a tankless water heater
On the other hand, a tankless water heater only heats up water when it is needed and as it is being used. This gives you an unlimited supply of water and is much more energy efficient because it is only heating water as it is used. In fact, studies have shown that tankless water heaters use as much as 30% less electricity. The fact that there is no storage tank means no worries about water leaking, and they are so much smaller that they’re a great choice for smaller spaces. Finally, these options are often eligible for federal and / or local tax credits or other incentives.
Tankless water heaters have a higher upfront cost
One of the main issues with a tankless water heater is that they can cost as much as two to five times what you’d pay to for a conventional water heater. They are also not great options for heavy usage which is why they are often not used in commercial applications.
Has this made it easier for you to decide between tankless and conventional water heaters? If you still have questions or need help, do not hesitate to contact The Stanley Louis Company at 800-217-6527.