The Different Types of Water Heaters: Tank vs. Tankless

Tank, Energy-efficiency, Installation, Lifespan, Maintenance, Overall Cost, Price, Storage, Tankless, Water Heater

If you’re in the market for a new water heater, you’ve got two main options to consider: tank and tankless water heaters. It’s super important to know what each type offers and how they differ. Just like with many things in life, each has its own perks and downsides. After all, there’s no “one size fits all” solution here since every household has its own unique water heating needs! 

Let us, your friendly Lebanon Plumbing & Drain experts, walk you through the pros and cons of each type. We want you to feel confident and at ease when making the best choice for your home! 

All About Tank Water Heaters Unveiled   

Tank water heaters, often called storage tank water heaters, are the go-to choice for most homes. They have an insulated tank that keeps hot water ready for when you need it. Typically powered by electricity or natural gas, these heaters come in various sizes, ranging from 30 to 75+ gallons to fit your household needs. 

A tank water heater.

Perks of Using Tank Water Heaters    

  • Easy Installation: Tank water heaters are super easy to install, which means you’ll save some cash on upfront costs right from the start!  
  • Storage Capabilities: These heaters can hold a ton of hot water, so you’ll always have it ready to go whenever you need it, thanks to their “heat and hold” feature.  
  • Maintenance Requirements: Plus, they’re low-maintenance! You just need to do regular flushes, and you can either handle that yourself or call in a plumber if you’d rather not.  
  • Extended Lifespan: And here’s a fun fact: with the right care, a tank water heater can last anywhere from 8 to 10 years!

The Efficiency of Tank Water Heaters   

Some storage tank water heaters are designed so well and are so well-insulated that they really help reduce standby heat loss. This can lower your energy bills each month, which is just another reason why picking the right water heater for your home is super important! 

The Cost Perspective of Tank Water Heaters   

When you’re thinking about getting a tank water heater, it’s super important to look at all the costs involved:  

  • First off, the upfront costs are usually pretty budget-friendly.  
  • Plus, they don’t need much maintenance, which is a win.  
  • And if something does go wrong, repairs are generally cheaper since they’re simpler. 

Tank Water Heaters are Ideal for   

  • Since tank water heaters have a limited hot water supply based on their size, they work best for small to medium-sized families. 

All About Tankless Water Heaters  Unveiled

Tankless water heaters, or on-demand water heaters, are pretty cool! They use super-efficient burners to heat water quickly whenever you need it, so you get an endless supply of hot water on the spot. And the best part? They don’t need a storage tank, plus they usually run on electricity or gas.   

A tankless water heater.

Perks of Using Tankless Water Heaters   

  • On-Demand Supply: You’ll never run out of hot water with a tankless water heater! That’s why they’re called “on-demand” water heaters.  
  • Storage Space: They’re super compact and can be mounted on walls, making them a great fit for homes with limited space.  
  • Longer Lifespan: Tankless water heaters really outshine traditional ones when it comes to lifespan—lasting about 15 years, depending on your home’s water type, how much you use it, and how well you maintain it. 

Energy Efficiency of Tankless Water Heaters    

Did you know that homes with tankless water heaters can save up to 34% on energy compared to traditional storage tank heaters? If you go through a lot of hot water daily, a tankless water heater might be the way to go. Sure, they might have a higher initial cost, but you’ll see those savings add up on your energy bills every month! 

The Cost Perspective of Tankless Water Heaters    

When thinking about getting a tankless water heater, it’s important to consider all the costs involved. Sure, the initial price is usually higher, but you’ll likely enjoy some nice monthly savings because they’re super energy-efficient! 

Tankless Water Heaters are Ideal for    

Tankless water heaters are perfect for larger families or big houses since they provide unlimited on-demand hot water. Plus, if you have a hot tub or soaking tub, they’re a great choice, too! 

Lebanon, Ohio plumbing blog on the importance of understanding the differences between tank and tankless water heaters.

Getting to know the ins and outs of tank versus tankless water heaters is really important for choosing what’s best for your home. But don’t worry—you don’t have to figure it all out on your own! We’re here to share our expertise and help guide you in the right direction.  

We’re here to chat if you have any questions left! Feel free to reach out to Lebanon Plumbing & Drain today at (513) 427-2443, or schedule an appointment online now by clicking here