Your Traditional Home Water Heater Storage Tank
Do you know that big bulky hot water storage tank in your basement taking up space? What if we told you that you can now get the same amount of hot water (or more) from a heating unit the size of a carry on suitcase that will save you at least $100 on your utility bill every year?
Tankless water heaters are steady gaining popularity over water heating tanks. Tankless heaters also go by the name of “on demand water heaters”. These units are instantaneous water heaters that don’t store water in a tank. Instead, water passes trough the unit’s heat exchanger to rapidly bring water to desired temperature.
Whether it is a natural gas tankless heater or an Electric tankless heater there are many tankless hot water solutions on the market today. In the past, the two most common types of tanks chosen for water heater installation were gas water heater installation and electric water heater installation. Complaints for water heater leaking and/or hot water pipe leaking were reported far less common with tankless unit’s vs. traditional water heating tanks.
- Are you in NYC and Interested in swapping out your traditional water heater for a Tankless? Contact Switch & Fix Heating and Plumbing for a free consultation
Tankless water heaters tend to cost more up front than storage tank models.
The nine models in our tests range from $525 to $1,150. Installation will cost you more—at least $800 to $1,500, according to HomeAdvisor. Gas tankless models may have different venting and gas-supply requirements, meaning you may need to increase the diameter of the pipe from the water heater to the gas meter. And electric tankless models draw so much power—120 to 160 amps—that you may have to upgrade the electrical service to your house to 200 amps or more. Manufacturers recommend that certified electricians or plumbers install tankless water heaters. In fact, many manufacturers require installation by factory-trained professionals to maintain the warranty.