Homeowners no longer have one option when it comes to water heaters—today, there are many different types of water heaters. So, how do you decide which water heater is best for your home? In this article we’ll highlight the differences between tankless and conventional water heaters, as well as the pros and cons for each.
Conventional Water Heaters
Conventional water heaters are the ones we’re all familiar with: they store your water in a tank and heat it up. There are different gallon sizes available, but they all consume a fair amount of space.
Pros: They cost less than tankless water heaters. Conventional water heaters cost about $300 while tankless water heaters cost between $700-$1500.
Cons: They are not the most efficient type of water heater. They consume energy whether you’re using water or not.
Tankless Water Heaters
Tankless water heaters are a lot more efficient, since they don’t consume energy while water isn’t being used. Heat exchanges turn on only when you turn the faucet on. This is why tankless water heaters are also known as “on-demand water heaters.”
Pros: More efficient, take up less space.
Cons: The price of the water heater and the cost of installation is higher.
Call Your Local Post Falls Plumbers
Hope Plumbing repairs and installs both conventional and tankless water heaters. We can also convert conventional water heaters to tankless water heaters. If your water heater is in need of replacement, or you’d like a water heater that consumes less space and energy, call us to get your free estimate today.