When it comes to water heaters, there are two main types - tank water heaters and tankless water heaters. Both have pros and cons, but which is right for you? In this blog post, we'll break down the difference between the two types of water heaters so that you can decide which one is right for your home.
Tank vs Tankless Water Heaters: How Do They Work?
The first thing to understand is how each type of water heater works. A tank water heater stores hot water in a tank until you need it. That means that it's always working to keep a reserve of hot water on hand, even when you're not using it. A tankless water heater, on the other hand, only heats water when you need it. That means it's more efficient than a tank water heater because it's not constantly running to get a pot of hot water ready.
Tankless Water Heaters Are More Energy Efficient
One major advantage of tankless water heaters is that they're more energy efficient than their tank counterparts. That's because they only heat up water when you need it, rather than keeping a reserve of hot water on hand at all times. As a result, you can save money on your energy bills every month. In fact, some estimates suggest that you can save up to 34% on your energy bills by switching to a tankless water heater!
Tank Models Have a Lower Upfront Cost
Although they're not as energy efficient as tankless models, tank water heaters have one big advantage: they're usually cheaper upfront. That's because tankless water heaters are somewhat more complex and require additional installation, so they generally cost more money upfront. If you're looking for the most budget-friendly option, then a regular old tank water heater is probably your best bet.
So, which type of water heater is right for your home? The answer depends on your needs and preferences. If you're looking for an energy-efficient option that will save you money over time, then a tankless model is probably your best bet. But if you're working with a tight budget and need to keep costs low upfront, then a regular old tank model might be the way to go. No matter what type of water heater you choose, just make sure to do your research and buy from a reputable brand!