What's The Difference?
Water heaters, regardless of traditional tank or tankless, are costly investments for homeowners. Whether you're a new homeowner with first time construction or you're replacing an old system, it's important to understand the pros and cons of tank vs tankless water heaters.
What is a Traditional Tank Water Heater?
Storage tank water heaters are found in the majority of homes. Essentially, a tank water heater is an insulated tank that holds between 30 and 50 gallons of water. This tank is used to heat and store the water until it's needed at it's destination. Destinations can include the kitchen, bathroom, or even laundry. Additionally, there are natural gas and electric water tanks. Natural gas tank water heaters utilize almost 50% less energy to operate, resulting in lower costs.

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Tank vs Tankless Water Heaters
Summary
If a tankless water heater fits the budget, it can end up saving you money in the long run and have a longer lifespan; however, tankless water heaters can also have output restrictions. Though the water is hot instantly, if there are multiple destinations requiring hot water, one might suffer.
Storage tank water heaters offer a reserve of hot water and typically cost less for installation and maintenance, but take up more space, and if you run out of stored hot water, it can take a while for the water to warm up again.
When it comes to tank versus tankless water heaters, it really depends on what you are looking and how much hot water you need at a time, where the unit can go, and your long-term goals for the unit and its costs.

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