The hot water tank vs. tankless water heaters debate has been around for many years. Both products are necessary to have hot water in your home, but each possesses different pros and cons.
Pros and Cons of a Hot Water Tank
A hot water tank is the more traditional option, much more common, and is less expensive upfront. However, a hot water tank will use more energy overall because it constantly has to reheat a much higher volume of water.
Pros of a Hot Water Tank
- Less expensive upfront
- Can heat water more quickly
Cons of a Hot Water Tank
- Uses more energy overall
- Takes up more space
Pros and Cons of a Tankless Water Heater
A tankless water heater is a newer option that is becoming increasingly popular. Instead of heating a giant tank of water every time, a tankless water heater only heats the water as needed, making it more energy-efficient and cost-saving in the long run.
Pros of a Tankless Water Heater
- More energy-efficient
- Does not take up as much space
Cons of a Tankless Water Heater
- More expensive upfront
- Can take longer to heat water
Weighing Your Options
Ultimately, choosing between a hot water tank and a tankless water heater comes down to personal preference and your unique needs. If you have a large family or frequently use a lot of hot water at once, then a hot water tank may be the better option.
On the other hand, if you are looking to save on energy costs, then a tankless water heater may be the better investment.
If you’re unsure which option is right, contact a professional today to get started.
Canadian Cares offers some of the best HVAC services in Vancouver and surrounding areas. For years we have helped residences and businesses alike with their HVAC needs. Contact us today, and we promise to do our best to help you with our efficient and ethically-priced services.