Tankless water heaters are some of the most affordable, efficient systems on the market, but you need to know about certain drawbacks before deciding whether this technology is for you. Tankless water heaters are a great investment, but it's important to know all the facts before you make up your mind.
Tankless water heaters can heat up water directly without the need for a storage tank which reduces the energy costs and improves efficiency. They also eliminate issues with sediment build-up, corrosion and scaling common to tank-style heaters.
The tankless water heater offers big savings in the long run by providing hot water on demand; the unit is not heating water that isn't being used. A tankless heater can be installed in virtually any setting (it's unobtrusive and needs less maintenance than tanks), and its cost per gallon of hot water is lower. It also allows you to have a more comfortable showe than if you rely on a tank-style model, which can get too hot to bear.
In addition to high upfront costs, tankless water heaters have several other disadvantages compared to tank-style water heaters:
If you have a tankless water heater, then you know they aren’t as common as conventional water heaters. Flow rate is a key metric when shopping for a tankless heater — it determines how much water can be heated at the same time. Although, depending on the size of your home and the number of people that use hot water, a large tankless unit can pay for itself in a few years based on installation costs alone.
Tankless water heaters are more expensive to purchase and install than tank-style ones. However, they generally cost less to operate in the long run. They use whatever energy is required to heat water at any time as it’s needed, instead of storing warm water in a tank and releasing it when needed.
Tankless water heaters are made for long-lasting performance. In a home with multiple hot water users, this is a major advantage. Tankless water heaters are more reliable than conventional water heaters. Their longer life and less maintenance requirements make them the ideal choice if you want to save money on your monthly utility bills over time.
Save space, water, and money up front and over the long-term by choosing to install an on-demand water heater. Our experts at Denver Water Heaters can help you determine if the tankless type of water heater is right for your needs. Give us a call anytime for a free quote and any questions you may have in your decision-making process of whether a tankless water heater is right for you!