Tankless water heaters can be beneficial to your home or business’ plumbing system. They are water heaters that can heat water on demand, without the need for storing water — like a traditional hot water tank does.
The FitzGerald and Sons Plumbing team has years of experience working with and repairing tankless water heaters. We know they could be a viable choice for those looking to change their water management approach. If you’re wondering if a tankless water heater is right for you, here are the pros and cons to consider:
Advantages of Tankless Water Heaters:
Energy-efficiency: Both the United States Department of Energy and Consumer Reports found that tankless water heaters are more energy-efficient than storage water tanks. Depending on the amount of water you use, you could see 24% to 34% of energy savings, according to the United States Department of Energy.
Lower utility bills: As a result of tankless water heaters needing less energy, they will help you save on those water and energy bills.
Less space needed – A storage water tank can take up much space in your home — according to Consumer Reports, they are typically about five feet high and two feet wide. Because of its size and function, it could be hampering the layout of your home. A tankless water heater doesn’t have that issue since it doesn’t take up any space.
Immediate access to hot water: You can have instant access to hot water as long as you keep the water running. It is important to note that there are some limitations to this, as some tankless water heaters may only be able to heat a certain amount of water at a time.
Disadvantages of Tankless Water Heaters:
Higher upfront cost: A tankless water heater can be more expensive upfront. The unit and installation can cost more than a traditional storage water heater in the beginning.
Limited hot water: Tankless water heaters are great for heating water used by one source (ex., someone showering). This means that if someone begins washing dishes or needs warm water for another purpose, the tankless water heater may not be able to heat all these water sources at one time.
Power outages: While some tankless water heaters run on gas, others run on electricity. So, if the power goes out, you wouldn’t be able to heat your water.
Tankless water heaters come with various benefits, but there are some disadvantages to also look out for. If you’re considering installing or repairing a tankless water heater, allow the FitzGerald and Sons Plumbing team to help. We’re here and ready to handle all your plumbing needs.