Pros And Cons Of A High Efficiency Tanked Water Heater
Water heaters come in a variety of styles that mostly break down into whether or not the unit has a storage tank. Tanked water heaters, also called traditional water heaters, fill completely up with water that is then heated either with only electricity or electricity and gas. When you turn on a hot water faucet, there is a storage tank of water waiting. More cold water replaces what you took, and the tank heats that again.
High-efficiency tanked water heaters have made the traditional units more energy efficient for the modern age. These units still have some different pros and cons to consider. Still stumped on what water heater to choose after reading this? Call a plumber or water heater installation company for a consultation.
Pro: More Efficient Than Older Tanked Water Heaters
Modern appliances are legally held to minimal efficiency guidelines set out by the United States government through its Energy Star program. High efficiency tanked water heaters, compared to the tanked units that only meet the minimum guidelines, have an improved efficiency of between 10 and 20 percent.
The improved efficiency can help lower your overall household costs by cutting down your utility bills.
Pro: Cheaper Upfront Costs than Tankless
If your old water heater suddenly gave out and you don't have a lot of savings in the bank, upfront costs might be a deciding factor when choosing a new water heater. High-efficiency water heaters have a lower upfront cost for both the unit and installation than tankless, heat pumps, or solar water heaters.
The longer-term costs might end up being higher than other units due to the lessened efficiency and energy savings. Tanked water heaters can also be more expensive to fix if a problem does occur than tankless units.
Cons: Less Efficient than Tankless, Shorter Lifespan
Tankless water heaters, also called demand water heaters, have an energy savings of between 45 and 60 percent, which is at least triple that of the high efficiency tanked water heater. The tankless heaters also lack a tank, which is the part that most often fails on the tanked water heaters, and thus also has twice as long of a lifespan—20 years compared to the 10 years for a high efficiency tanked water heater.
But, again, the tankless water heater does have higher upfront costs for both the unit and the installation. So if budget is your utmost concern, a high efficiency tanked water heater can still prove to be a great choice for your home's needs.
For more information, contact a plumber in your area.