Are you doing a major remodel that will require the addition of a new water heater? You may be wondering if it’s time to go tankless, as tankless water heaters are becoming increasingly popular as a replacement for the traditional hot water tank. Today, our kitchen and bathroom remodeling experts will explain the pros and cons of this product for your home.
Tanked vs. Tankless
The traditional hot water tank stores anywhere from 30 to 100 gallons of water, depending on the model. The water in the tank is continuously heated to the temperature on the thermostat, using either electricity or gas. This preheated water is dispensed when someone takes a shower or runs the washing machine or dishwasher. After water is used, the tank refills and the heating process resumes.
Tankless water heaters only heat water as it is needed. When a hot water tap is turned on, cold water flows into the unit through a pipe and sensors activate the heater, which heats the water to a set temperature using either gas or electricity. As a result, the tankless hot water heater can produce a continuous supply of hot water. Once the hot water is no longer in use, the heater turns off.
Pros & Cons of Tankless Units
Many homeowners with a tankless water heater enjoy the convenience of having an unlimited supply of hot water while reducing energy consumption. According to the U.S. Department of Energy, tankless water heaters can be 24-34% more efficient than conventional tanked water heaters. They are also much smaller than bulky tanks and can be often be installed on a wall in an inconspicuous place in the basement. In smaller homes, the space savings can be a great benefit.
Tankless water heaters have a lengthy lifespan of 20 years or more, nearly double that of a traditional water tank. However, they’re also considerably more expensive. While going tankless does save money each month on heating costs, it could take many years before the savings make up for the installation cost. In addition, certain modifications may need to be made to the electrical system or gas lines in order to install a tankless unit, which can add to the overall installation cost.
Is Tankless Right for You?
If you are interested in tankless water heating, Callen can help you determine if this switch will suit your needs. We are a leading remodeling company in Milwaukee and surrounding suburbs. Drop by our Brookfield or Muskego Design Centers, call Callen at 414-765-2585, or contact us online today to discuss your next project!
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