Are you in need of a water heater and considering if tankless is a better option over storage? We’re seeing more Indianapolis area homeowners choose a tankless water heater because of its energy efficiency and compact design (goodbye bulky storage tank) and abundance of hot water at all times. Here are a few things to keep in mind in your search for a water heater:
- Energy efficiency: Storage tank water heaters have an energy efficiency rating of approximately 60 percent. Tankless water heaters are 90 percent and above. Because of this efficiency, homeowners with tankless water heaters can expect a significant reduction in their annual energy bill.
- Hot water availability: If the energy source to your storage tank water heater goes out, there will be numerous gallons of hot water available for at least 24 hours because it is constantly keeping water hot. That’s not the case with tankless water heaters. If there isn’t an energy source, there’s no hot water. Tankless water heaters only provide hot water when in use.
- Longevity: If properly maintained, storage tank water heaters last seven to 10 years. Homeowners can expect a tankless water heater to last at least 15 years with a longer warranty on most parts.
- Cost: Tankless water heaters often cost up to three times more to install than storage tank water heaters.
- Maintenance: All water heaters are susceptible to problems associated with hard water, but tankless water heaters tend to require more maintenance because of this issue. Service checks are recommended at least once a year.
A few questions you should ask before deciding which water to purchase:
How much hot water do we use in our home?
If I want a tankless water heater, do I have a gas fuel source and a proper location to install it?
What are my goals for my hot water?
Have additional questions about purchasing your next water heater? Contact our team for details.