An electric tankless water heater is similar to the classic unit, only it heats water on demand. It won’t store heated water for later use, but heat it up instantly as you need it. There are no doubts about it – this model brings in a series of advantages, yet you must consider both the pros and cons before making a decision. For some people, switching to this alternative makes sense, while others might have to consider other factors too.
So, what should you know before making a final decision?
Pros
Cost Efficiency
Generally speaking, an electric tankless water heater is more expensive than a conventional heater. However, it pays off in the long run. Water is heated as you need it, rather than in bulk amounts. Therefore, operating it is way cheaper, leading to significant costs overtime. Standard heaters fill up and store hot water, which will cost money.
Energy Efficiency
In terms of energy efficiency, it’s related to the cost efficiency. You heat water on demand, rather than in large amounts. Overall, you end up using less water, leading to no waste at all. The same rule applies to your bills – lower energy and water expenses.
Instant Heat
Having instant hot water is certainly a plus. It’s excellent for large families. When more people rely on a traditional hot water tank, the levels of water will go down in no time. Some people might have to postpone their showers and allow more water to heat. The tankless model provides hot water for everyone, at any given time.
Durability
Based on statistics, a traditional water heater will last around 10 years. On the same note, the tankless alternative can go on for up to 20 years. Whether you redo your bathroom or you have just bought a new house, investing in an electric tankless water heater will prove to be more cost efficient. Check out this review from Verellenhc where it covers all the top rated electric water heater available in the market today.
Space
You don’t have to be a genius to realize that an electric tankless water heater is two or three times smaller than a classic model. Why? Easy – it doesn’t have to store dozens of gallons of water. It doesn’t have a tank, so you can install it anywhere.
Cons
Initial Investment
The average electric tankless water heater is about two times more expensive than a tank alternative. Sure, you will save money with time, so the tankless option will pay for itself within a year or two. But then, you’ll have to pay more upfront.
Output Limits
Traditional heaters can take up to 60 gallons of water – quite enough for laundry, dishes and a few showers. The tankless model will normally provide amazing output, yet there might be limitations if you try to do too many things at the same time.
Conclusion
Simply put, nothing is perfect. However, some things are better than others. From this point of view, the electric tankless water heater is more efficient and helpful than its traditional alternative – totally worth it.
