There s one key reason for that.
Tankless water heater vs regular water heater.
They are smaller and more energy efficient than traditional storage tank water heaters but more expensive.
Tankless if maintained properly can last 20 or more.
Tankless water heaters heat only the water you need when you need it eliminating the need for a storage tank.
Tankless water heaters heat water directly without the use of a storage tank.
Unlike a traditional tank that heats a reservoir of water 24.
Currently the most popular energy efficient option for water heating is a tankless water heater also known as an on demand system.
As a result tankless water heaters deliver a constant supply of hot water.
Either a gas burner or an electric element heats the water.
Tankless water heaters are more compact and can heat up water as you use it.
One of the first things to consider is whether you should get a tank or tankless water heater.
Cons of a tankless water heater tankless water heaters have a higher purchase cost than a traditional storage tank.
And there are limits to how much hot water can be produced per minute.
You don t need to wait for a storage tank to.
You re not constantly heating a tank in anticipation of needing it you only use energy when you use hot water.
Traditional water heater life expectancy.
The cost of a tankless water heater can range anywhere from 2 000 4 500 compared to a storage tank water heater which ranges from about 500 800.
For most households they can produce a savings of 100 or more every year.
Tankless water heaters are as much as 34 more efficient thank tank models according to the energy department.
We rated the annual energy consumption cost excellent for a gas.
Along with their longer lifespan tankless water heaters are known to have reduced monthly energy bills helping offset their higher purchase price.
Tankless if maintained properly can last 20 or more.
When a hot water tap is turned on cold water travels through a pipe into the unit.
The doe notes that storage tank water heaters typically last 10 to 15 years while most tankless units have a life expectancy of 20 years or more.