Traditional vs. Tankless Water Heaters

Deciding between a traditional tank water heater and a tankless water heater can be a difficult decision. What makes sense for you depends on several factors including your household’s size, hot water usage, energy priorities, and budget.

At Platinum Rooter & Plumbing we have installed countless water heaters, and can assist you in making the right decision based on your motivating factors.

Here is a quick breakdown on the pros and cons of each:

Pros and Cons

• Standard Tank

  • $1,500-$2,750 to replace including labor

  • No costly mainentance required

  • Uses standard gas or electrical already in home

  • Larger and takes up more space then tankless

  • Can run out of hot water

  • Requires more energy to constantly supply hot water

    
    

• Tankless System

  • $3000-$7,500 to install including labor

  • Yearly mainentance $500-$1,000 is required

  • May need to upgrade your electrical or gas to install

  • Smaller so takes up less space

  • Endless supply of hot water

  • 24–34% more energy-efficient for homes using <41 gallons/day

If you do the math and are concerned about budget, a tankless system makes sense for a 1-3 person household, for larger families a standard tank water heater is still the most cost effective option. If you'd like a price estimate and more in-depth analysis of your options, call us today.