Traditional hot water heaters can be great but a drag at the same time. There are many reasons to make the switch to an instant hot water heater and they have become increasingly popular for many reasons as well. These instant water heaters also are known as tankless water heaters and can give you a great supply of hot water on demand. These tankless water heaters can save on space in your home and deliver hot water when needed instead of having to wait. One of the downfalls of tank water heaters is if your shower takes up all the hot water it is a waiting game for the next person who wants a nice hot shower.
There are two main options for tankless water heaters and each comes with great benefits. Your first option is a gas tankless water heater and the other is an electric tankless water heater. Let’s dive in to see what the differences are for these options for your home so you can make the right choice for you!
Gas Tankless Water Heaters
A gas tankless water heater unit can be a very dependable instant hot water source especially if there is a power outage. This style of a water heater depends on fossil fuels rather than electricity which can make it more dependable in times like this. For the installation and equipment, this style of water heater can cost you between $1000-$1200 which can seem a bit pricey but these water heaters can last twice as long as the traditional tank water heater. The price to run a gas tankless water heater is less than that of an electric tankless water heater and it can produce 8 gallons of hot water per minute for your home. The maintenance for this water heater is minimal but with the proper maintenance, it is guaranteed to last.
Electric Tankless Water Heater
An electric tankless water heater can be a great option for your home to deliver instant hot water on demand. There’s no need to wait around for the water to heat back up between your shower and doing dishes. These water heaters are a great option for small homes and are very cost-efficient. The average cost to get this unit installed is between $500 and $700 and only requires minimal maintenance to stay in great working order. With an electric tankless water heater, there is no venting required which can save on space and also installation costs and can still deliver 8 gallons of water per minute to your home. One of the greatest benefits of an electric tankless water heater is that if you do have to have repairs done they are fairly simple to diagnose and even more simple to fix.
Making The Right Choice
With a tankless or “on-demand” hot water heater you really can’t go wrong. Whether you choose gas-powered or electric-powered is really just a preference and both have great benefits. Both are a great investment for your home and can increase the value of your home as well. These tankless water heaters are great for smaller homes or just for homeowners that want to maximize their space because they are available to attach to the wall.