Picture this: you step into your morning shower, turn on the faucet, and within seconds, a steady stream of hot water cascades over you. No more shivering while waiting for the water to heat up. No more worries about running out of hot water halfway through your relaxing soak in the tub. Welcome to the world of tankless water heaters, where efficiency, convenience, and endless hot water collide.

In today’s fast-paced world, where time and resources are precious commodities, traditional tank water heaters are facing competition from their innovative counterpart: tankless water heaters. These cutting-edge appliances have been gaining traction for their promise to revolutionize the way we heat water in our homes. But before you bid farewell to the trusty old tank, it’s essential to weigh the options carefully.

In this blog post, tankless water heater installation experts – Taylor Group Plumbing will help learn everything about tankless water heaters, exploring what they are, how they work, and most importantly, the pros and cons they bring to the table. 

Whether you’re considering an upgrade or simply staying informed about the latest home innovations, we’ve got you covered.

What is a tankless water heater?

A tankless water heater is a type of heat exchanger that heats water on demand. Unlike traditional storage tanks, which store heated water and release it to the home as needed, tankless water heaters heat water directly at the point of use. The result is more efficient energy use and a reduction in greenhouse gas emissions.

Which Water Heater Is Best For You: Tank or Tankless

If you’re in the market for a new water heater, you’ve probably heard about tankless water heaters.

Tankless water heaters are a step up from traditional tank-type water heaters in that they don’t store hot water in a tank. Instead, they heat up water on demand as it passes through their coils—which means no more waiting around while your shower heats up!

Tankless water heaters are also more efficient than tank-type models because they only use energy when heating up water that’s needed. Tank-type models use energy all day long just to keep the hot water ready so you can take a shower whenever you need one.

But what if you don’t have the space for a tankless model? Or what if you want to install one but are worried about the cost? Here’s a comparison table of the pros and cons of tankless water heaters and tank-type water heaters so that you can make the right decision about which kind is right for your home or business.

Aspect Tank Water Heater Tankless Water Heater
Heating Method Water is constantly heated and stored in a tank. Water is heated on demand as it flows.
Energy Efficiency Lower efficiency due to standby heat loss. Higher efficiency due to no standby loss.
Initial Cost The lower upfront cost for purchase and installation. The higher upfront cost for unit and setup.
Space Requirement A larger footprint requires dedicated space. Compact design saves space.
Hot Water Supply Limited to the size of the tank, it can run out. Continuous supply; no running out.
Simultaneous Usage Limited simultaneous usage based on tank size. Simultaneous usage is possible with sizing.
Lifespan Generally lasts around 10-15 years. Typically lasts 20+ years with maintenance.
Maintenance Minimal maintenance; occasional flushing. Regular maintenance to prevent scaling.
Energy Savings Less energy-efficient due to standby loss. More energy-efficient, lower utility bills.
Environmental Impact Higher energy consumption contributes to a carbon footprint. Lower energy use reduces environmental impact.
Adaptability Better for smaller households with consistent usage patterns. Suitable for various household sizes.
Long-Term Savings Lower upfront costs but higher operating costs. Higher upfront costs but lower operating costs.
Installation Flexibility Easier installation, often replacing the existing tank. May require adjustments to gas lines or electrical systems.

Types of Tankless Water Heaters 

For homeowners who are tired of waiting for hot water, a tankless water heater is the answer.

But do you know several models, types, and brands available? Yes. There are many different types of tankless water heaters, each with its own advantages and disadvantages. The type you choose depends on the needs of your home, but here is a quick overview of some common types:

Electric Tankless Water Heater

Electric tankless water heaters are the most common type of tankless water heater on the market. They are easy to install and can be used in almost any location. With an electric tankless water heater, a power outlet is required nearby, and there is always a chance of running out of hot water. 

The electric water heater is also known as an instant or on-demand hot water heater. This means they do not store hot water like traditional storage tank heaters. Instead, a tankless electric water heater produces hot water as soon as needed by using an electrical element to boil the incoming cold water coming into the unit.

Gas Tankless Water Heaters

Gas tankless water heaters are a newer option for homeowners who are looking for an alternative to electric tankless models. These units can be installed outdoors or indoors, depending on your needs and location requirements. Gas models use Natural Gas or Propane instead of electricity to create hot water when needed by mixing it with incoming cold water from your home’s plumbing system.

Condensing Tankless Water Heaters

Condensing tankless water heaters are a type of gas tankless heater that utilizes advanced technology to capture and use exhaust heat to preheat incoming water, increasing overall efficiency. They are among the most energy-efficient tankless water heaters available.

Whole-House Tankless Water Heaters

These units are designed to provide hot water to the entire household. They are capable of handling multiple hot water demands simultaneously, making them suitable for larger families or homes with high water usage. Whole-house tankless water heaters typically have higher flow rates and are available in both electric and gas models.

Pros of Tankless Water Heater

The first thing that comes to mind when you think of a water heater is the old-fashioned kind, right? Those big metal boxes that wait patiently in your basement or garage, taking up space and giving off the occasional smell of sulfur?

Well, it’s time to meet the new kid on the block—the tankless water heater. This new technology has been gaining popularity in recent years and is now widely available across the country. Knowing the tankless water heater pros and cons can help you make the right decision for your home.

Here are several pros of switching from a traditional water heater to a tankless one:

Energy Efficiency

Tankless water heaters use less energy than traditional tank models, so you’ll save money on your utility bills. They also have a higher efficiency rate than other types of hot water heaters, which means you’ll get more hot water for less money. As a result, tankless water heaters can be approx—30% more energy-efficient, leading to lower utility bills and reduced environmental impact.

Continuous Hot Water

Because a tankless system heats the water as it is being used, there is no need for a storage tank. This means that users have continuous access to hot water and don’t have to wait for it to reheat when they turn on the tap or shower. This saves time and money by reducing energy costs associated with keeping a storage tank heated all day long, even when it’s not being used.

Space Savings

A tankless water heater is a great option for those who are looking to save space in their home. These heaters are designed to heat water as it passes through them and do not need a tank to store heated water. This means the space a tank takes up can be used for other purposes. By using this system, you could potentially save several thousand dollars in housing costs over the course of your lifetime.

Longevity

Tankless water heaters have been around for quite some time now, but they have only recently started gaining popularity among homeowners in certain areas. As they become more popular, people are becoming more aware of how long these heaters will last and what they can do to save thousands of dollars on energy bills each month. These types of heaters are often more durable than traditional ones because they do not contain any moving parts inside them that could break down over time; therefore, they can last anywhere from 15-20 years before needing replacement parts or repairs done on them by professionals who specialize in such things (such as plumbers). 

Reduced Risk of Water Damage

Traditional tank water heaters can develop leaks over time, potentially causing water damage to your home. Tankless water heaters don’t store water, reducing the risk of leaks and related issues.

Flexible Installation

Another advantage of using a tankless water heater is its flexibility when installing it in your home. For example, if you want to install a tankless water heater under your kitchen sink or bathroom sink, there are no problems with doing so because these areas are often small enough for this type of installation method. You will also find replacing existing appliances like dishwashers easier since they don’t need much space either! This means that if something breaks down like an appliance, replacing them won’t take long as long as there’s enough room left over where they can fit!

Temperature Control

When you have a tankless water heater, you can control the temperature of your water. This means you don’t have to wait for it to heat up and then cool down before using it. You can get the temperature just right for what you need.

Less Mineral Buildup

Unlike traditional tank heaters, tankless heaters don’t use a storage tank to store hot water. This means fewer mineral deposits build up in the pipes, making your showers and baths feel smoother than ever before.

Reduced Carbon Footprint

When you use a tankless water heater, your carbon footprint is reduced because the heater is not using energy to heat water in a tank. The water is heated as it passes through the heater. This means there is no need for a hot water storage tank, and the energy used to heat the water can be saved.

Potential Incentives

In some regions, there might be rebates, tax incentives, or utility company incentives for installing energy-efficient appliances like tankless water heaters, which can offset the initial higher cost. Many utility companies also offer rebates on purchasing and installing energy-efficient appliances such as tankless water heaters. Check with your local utility company to see if they offer any incentives for these types of changes!

Cons of Tankless Water Heater

It’s not a tankless water heater. It’s the Tankless Water Heater.

So you’re thinking about getting one of these fancy-schmancy new-fangled tankless heaters for your house? Well, before you put your money down on one of those things, let’s look at some cons.

Limited Simultaneous Usage

While tankless water heaters provide a continuous supply of hot water, their capacity is not unlimited. If you have a high demand for hot water in multiple locations simultaneously (e.g., running the dishwasher while someone is showering), you might experience a reduction in water flow and temperature.

Higher Upfront Cost

A tankless water heater is more expensive than the traditional tank-based systems, and the initial cost can be a turnoff for homeowners. But once you factor in how much money you’ll save on energy costs (which we’ll get to in a minute), tankless heaters are actually a pretty good investment.

Installation Complexity

Tankless heaters don’t take up as much space as traditional ones, but they still require some installation work—and that means hiring a tankless water heater professional in Manhattan to do it for you. 

Potential Hot Water Delay

The biggest downside to tankless water heaters is their tendency to have hot water delays. Tankless water heaters are designed to heat the water on demand, so they don’t have a large reservoir of hot water constantly being heated. Instead, they heat the water as you use it and then store it in a small tank when you need it again.

Limited Available Flow Rate

Another potential downside of tankless water heaters is that they don’t always have an instant-on feature. If someone turns on the shower in another room and doesn’t allow enough time for the unit to heat up before they turn it on again, they risk being scalded by cold water or experiencing a delay in hot water flow while the unit heats up again. It’s important to keep track of how long each member of your household is taking showers so that everyone gets enough hot water.

Gas Line Sizing

Gas-powered tankless water heaters require an adequately sized gas line to ensure proper performance. This might involve additional installation costs if your existing gas line is not sufficient.

Dependency on Electricity

Another biggest drawback of electric tankless water heaters is that they’re dependent on electricity to work. That means if you lose power, you lose hot water—and that’s no good for anyone. If you live in an area where you don’t get much sun, this could mean it takes longer for your water heater to reach its maximum temperature.

Cold Water Sandwich

Some users report experiencing a “cold water sandwich” effect when using tankless water heaters. This occurs when there’s a brief burst of cold water between two instances of hot water flow due to the unit’s on-demand heating process.

What is the Tankless Water Heater Cost?

The cost of a tankless water heater can vary widely based on several factors, including the brand, model, fuel type (electric or gas), installation complexity, and location. Here’s a breakdown of the different cost components to consider:

Unit Cost

The cost of the tankless water heater unit itself is a significant factor. Electric tankless water heaters tend to be less expensive upfront compared to gas models. Basic units can start around $200 to $500 for electric and $500 to $1,000 for gas models. However, more advanced and higher-capacity units can cost $1,000 to $3,000 or more.

Installation Cost 

The tankless water heater installation Manhattan cost can vary based on factors such as whether your home requires additional electrical work, gas line adjustments, venting modifications (for gas models), and the complexity of the installation. Installation costs of tankless water heaters can vary from $500 to $1,500 or more, depending on the specifics of your situation.

Additional Accessories

Depending on your specific installation requirements, You might need additional accessories like venting kits, gas lines, water softeners, and more.

Labor Cost

Labor costs for installation can vary based on the complexity of the job, local labor rates, and the experience of the installer.

Permit Fees

Depending on your local regulations, you might need permits to install a tankless water heater. Permit fees can add to the overall cost.

Optional Features

Some tankless water heaters come with advanced features like remote controls, Wi-Fi connectivity, and self-cleaning systems. These features can impact the cost of the unit.

Maintenance Costs

While tankless water heater maintenance costs are generally lower than tank models, they should still be factored into the overall cost over the unit’s lifespan.

Tips for Tankless Water Heater Maintenance

Tankless water heaters are a great way to save money on your monthly utility bills but they require time-to-time maintenance to keep them running efficiently. Here are 8 tankless water heater maintenance tips that will help you get the most out of your investment.

  1. Keep the area around your tankless water heater clean
  2. Flush the sediment from your tankless water heater every year
  3. Check for leaks in your tankless water heater every 6 months
  4. Keep an eye out for corrosion on the outside of your tankless water heater
  5. Keep an eye out for corrosion on the inside of your tankless water heater
  6. Check your tankless water heater’s pressure relief valve to make sure it’s working properly
  7. Check your tankless water heater’s pressure relief valve to make sure it’s not leaking
  8. Inspect the tankless water heater once a year. Check for rust, corrosion, and leaks. If there are any issues, call a tankless water heater repair professional to fix them immediately.

Ready to Install a Tankless Water Heater? Call Taylor Group Plumbing, Heating, Mechanical & Sprinkler Inc. and Enjoy a Hassle-free Installation!

We’re here to make sure you have a hassle-free installation and enjoy the benefits of your new tankless water heater. 

Taylor Group Plumbing is your one-stop shop for all things plumbing.

Our team of experts will walk you through the entire process of installing a tankless water heater from start to finish. We’ll talk with you about the pros and cons of tankless water heaters, what kind of hot water system will work best for your home, and answer any questions that might arise as you think about your options. We’ll also make sure that we’re using only high-quality components in our installations so that they last as long as possible! And if you ever have any problems with your tankless water heater down the line? Well, we’ll be there for that too! 

We are experts in Tankless Water Heaters in Manhattan, and we offer services including:

  • Installation
  • Repair and maintenance
  • Replacement parts and supplies
  • Repair and maintenance for all makes and models of tankless heaters

Whether you’re thinking of installing an electric or gas-powered unit, we can help! And if you’re also interested in solar power systems, we offer those too! We also provide tankless water heater maintenance services after installation so that you can keep your system running smoothly for years to come.

So if you’re ready to take the next step toward enjoying hot showers again, call us today at (855) 999-LEAK!