The Different Types of Water Heaters: Tank vs. Tankless

Water Heater, Energy-efficiency, Installation, Lifespan, Maintenance, Overall Costs, Price, Storage, Tank, Tankless

If you’re in the market for a new water heater, there are two types to consider—a tank water heater and a tankless water heater. When you’re looking to replace your water heater, it’s important to understand the difference between tank and tankless options.  

Like most things, each comes with its own pros and cons. Is there one perfect water heater that works for everyone? Not really! Every household has unique needs that will influence which model suits you best. So, let your experts at Bellbrook Plumbing & Drain help you figure out what those needs are 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 go-to option for most homes. They consist of an insulated tank that heats and stores hot water until you need it. These heaters typically run on electricity or natural gas, and you can find them in sizes ranging from 30 to over 75 gallons for residential use. 

The Advantages of Tank Water Heaters:  

  • Easier and quicker installation: Tank water heaters are super simple to install, which helps keep upfront costs down.  
  • Plenty of hot water on hand: These heaters can store a good amount of hot water, so you always have it ready when you need it.  
  • Low maintenance: Keeping up with a tank water heater is easy—just stick to a regular flushing routine. Plus, you can do it yourself or call in a plumber if you prefer.  
  • Longevity: With the right care, a tank water heater can last about 8 to 10 years. 

The 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 one more reason why picking the right water heater for your home is super important. 

The Cost of Tank Water Heaters:  

It’s essential to think about all the costs when it comes to tank water heaters.  

  • Tank water heaters are usually cheaper upfront.  
  • They also require less maintenance.  
  • Plus, their simplicity means lower repair costs. 

Tank Water Heaters Are Best for Houses with:  

Since the hot water supply is limited to the size of the water heater’s tank, these heaters are a great fit 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. So, no more waiting around for a tank to fill up! With a tankless heater, you don’t need to worry about storage. They usually run on either electric or gas power. 

The Advantages of Tankless Water Heaters:  

  • Endless hot water: 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 ones store a set amount of hot water, and once it’s gone, you have to wait for the tank to refill and heat up more. But with a tankless system, you get continuous hot water as long as there’s fuel or power for it to run.  
  • Space-saving: Tankless water heaters are great because they don’t take up much space. They’re usually mounted on walls instead of sitting on the floor, making them perfect for smaller homes where every inch counts. 
  • Longer lifespan: Tankless water heaters can last up to 15 years, depending on your water type, usage, and maintenance. In contrast, traditional water heaters typically last around 8-10 years. So, by going tankless, you won’t have to replace it as often, which can save you money in the long run! 
  1. The Efficiency of Tankless Water Heaters:  

Per energy.gov, homes with tankless water heaters can enjoy energy savings of up to 34% compared to traditional storage tank heaters. So, if your household uses a lot of water daily, a tankless water heater could be the perfect choice for you.  

Plus, keep in mind that while the initial costs might be higher than those for a storage-tank water heater, the energy efficiency will lead to monthly savings that make it worth it in the long run. 

The Cost of Tankless Water Heaters:   

It’s also key to think about all the costs that come with tankless water heaters.  

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

Tankless Water Heaters are Best for Houses with:  

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

Understanding the differences between tank and tankless water heaters can really help you make a confident choice that fits your home. We hope this has answered some of your questions and gives you a clearer idea of what to do next! 

Remember, we’re always here to help with any questions you might have! Feel free to reach out to Bellbrook Plumbing & Drain by calling us today at (937) 240-3731 or click here to schedule an appointment.