Are you in the market for a new water heater? Or would you like to learn more about water heaters for when that day comes? After all, the differences between each type of water heater is more important than you think!
Today, we’ll tell you about what’s “hot” with water heater manufacturers!
Storage Tank Water Heaters
These water heaters are the second most popular type, but we’re talking about them first because they’re the traditional type, and also the cheapest!
As the name implies, this is a big cylindrical tank that stores hot water in it. It’s insulated and keeps the same water heated for days. Most of them are gas-powered, although there are some tank water heaters that use electric power.
There’s nothing wrong with good old gas heat, right? After all, maybe you have a gas furnace.
But one problem with gas heating is how many things can go wrong and how expensive it is to fix. Especially if your water heater is more than 10 years old, heating elements go bad and pilot lights are unreliable. Also, with gas heat, there’s the lurking danger of fumes from poor air quality. That bad air gets used by the heater in the heat combustion process, and over time, this damages your water heater tank.
Does that mean you should be switching from natural gas power to electric coil power?
That switch will probably also mean switching to a new, more efficient
Tankless Water Heaters
Now let’s consider the tankless heaters. A lot of people switch to tankless heaters because you’re way more likely to be able to get unlimited hot water.
With a storage tank water heater, of course you’re limited to the hot water in the tank. That’s usually about 20 to 80 gallons of water.
However, with a tankless water heater and coil heating, those limitations are no longer a concern!
The problem is that you pay a price for that convenience. Tankless water heaters are around $3,000 on average, depending on the size of the heater for the size of your home. Storage tank water heaters are usually less than $1,000.
However, even if tankless water heaters are more expensive to install, you can begin to make up the price difference over time: your energy bills should be lower every month with a tankless water heater.
Electric power is more energy efficient, yes… but you still need to consider how some electric water heaters are more efficient than others – and thus more expensive to install.
So, what should you choose, based on your home, your price range, and what is safest and most convenient?
If you’re still not quite sure based on this article, one of our techs would be glad to give you a free estimate.
Also, even if you’re satisfied with your current water heater, peace of mind is still important!
Sign up for our yearly safety inspection, where we inspect your heater and make sure it’s in a safe operating condition.