There are two main types of water heater being used in the market: the standard storage water heater and the tankless water heater. If you want to buy a water heater, you should also think about the capacity or size, as well as the fuel. Will it be Gas or Electric? So what type of heater should you get for your home? Let us look at the difference.
Tankless Water Heater
The tankless water heater heats water directly only when you will use them. Hence there’s no need for a storage tank. Its main advantage is that it is more energy-efficient and environment-friendly. Although it costs 20 to 30 percent more than standard water heaters, you would be able to save 20% on energy cost in the long run. Its disadvantage is that it is not recommended for commercial use, which has a high demand for hot water.
Storage Water Heaters
Water is heated and stored in a tank with a capacity between 20 to 80 gallons. It is still popular in many homes because it is cheap and less expensive to install. Another advantage is that it keeps a reservoir of instant hot water. When you turn on the hot water tap, the water is already hot. Compared to a tankless type, you need to wait for a few seconds for the water to heat up. Like tankless water heaters, standard water heaters can be fueled by gas or electricity. The disadvantage of this type of heater is that it has 15 to 20 percent heat loss when water is being heated because it escapes through the heat vent. If you’re environmentally conscious, you might consider a tankless heater instead.
You can choose any of the two according to your needs and budget. Make sure that the heater is properly installed by licensed plumbers.