As a General Contractor, one of the most common questions I get asked is whether someone should install a tankless water heater in their home.  And the answer is generally yes – if it’s right for your specific needs.  A tankless water heater can be a great investment.  But like anything else, it comes with it’s pros and cons.

 

PROS and CONS of a TANKLESS WATER HEATER

Tankless Water Heater

PROS – TANKLESS HOT WATER HEATER

ENERGY EFFICIENCY:

We talk a lot about ways to make your home more energy efficient.  One of the biggest advantages of a tankless water heater is that it’s far more energy efficient than a traditional hot water heater.  This is because a tankless heater heats water as it passes throught the unit, only when hot water is needed.  This means that you won’t have to keep a large tank of water hot all day long, even when you’re not using it.

Tankless Water Heater
Tankless Water Heater
SAVES SPACE

A tankless water heater can be extremely space saving, especially if you’re limited in garage space, the basement or a closet.

UNLIMITED HOT WATER

With a tankless water heater, you’ll never run out of hot water.  As long as there is water, you’ll have an endless supply.

Tankless Water Heater
Tankless Water Heater
LONGER LASTING

With a tankless water heater, you’ll have durability and a longer lasting unit compared to traditional water heaters.  They can last up to 20 years with proper care, as compared to 6-12 years with a traditional hot water heater.

Tankless Water Heater

PROS – TANKLESS HOT WATER HEATER

UPFRONT COST

The initial cost of tankless water heater can be higher than the traditional water heater.  However, there are rebates and incentives that can help to offset the cost.  Just think of it as paying it forward – you’ll pay more now and have it last twice as long.

Water Heater
Water Heater
INSTALLATION

A tankless water heater requires a professional installation, and may also require either a gas line or electrical upgrade.  This can add to the overall cost of the installation.

MAINTENANCE

Tankless water heaters require routine maintenance and flushing to keep them running efficiently.  This can be a hassle for homeowners who don’t want to deal with the upkeep.  But hey, it’s worth it.  Just tack it on the honey-do list.

Tankless Water Heater
Water Heater
LIMITED FLOW RATE

If you have a large family and need to run multiple hot water appliances (like the dishwasher, washing maching and shower) all at once, a tankless water heater may not be your best bet.

All in all, a tankless water heater can be a great investment for yoru home or remodel.  It’s energy efficient, space-saving and provides unlimited hot water.  However, it does come with a few drawbacks, like a higher upfront cost for the unit and installation, routine maintenance, and limited flow rates for larger needs.  It’s useful to weigh the pros and cons before investing in a tankless water heater.