Beyond just picking a new water heater it s also important to understand the installation and costs involved in the decision.
Electric tankless hot water heater vs tank.
It uses high powered burners to rapidly heat water as it runs through a heat exchanger and deliver it directly to your faucets or shower without storing it in a tank.
If you are just upgrading an old hot water tank with a new one there is likely little involved in the process.
Either a gas burner or an electric element heats the water.
You re not limited to the capacity of a holding tank.
Cost and process of installing a tankless vs hot water tank.
Tankless water heaters heat water directly without the use of a storage tank.
This energy star certified titan of a tank delivers up to 72 gallons of hot water per hour dependent on tank capacity which is a rate much faster than the normal electric water heater.
Homeowners with on demand tankless water heaters that use less than 41 gallons or less of hot water each day enjoy between 24 and 34 percent more energy efficiency than storage tank water heaters.
While tankless water heaters run more efficiently than storage tank water heaters replacing a tank water heater with a tankless can be expensive and the payback time can be longer than the warranty.