Pros and Cons of an Electric Tankless Water Heater
If you’re considering an electric tankless water heater for your home, you should know a few things. This type of water heater can be a great option for some homeowners, but it’s not right for everyone. This blog post will review the pros and cons of electric tankless water heaters so you can decide if this is the right option.
An electric tankless water heater is a type of water heater that doesn’t use a storage tank. Instead, it heats water on demand as you need it. Tankless water heaters are becoming increasingly popular in the United States, especially as homes become more energy-efficient. They are often considered eco-friendly, as they do not require a storage tank. This means less waste is produced, and the water is heated as needed, eliminating the need to wait for a hot water tap to become available.
Electric tankless water heaters are powered by electricity and are often more expensive than gas-powered models. However, they are becoming more popular because they are more efficient and easier to install. Electric tankless water heaters are a good choice for homes with electric water heaters.
Tankless water heaters have many benefits over traditional storage tank water heaters. They are smaller and take up less space. They are also more energy-efficient because they only heat water when needed, rather than keeping a tank of hot water constantly heated and ready to use. Electric tankless water heaters are becoming more popular as people look for more efficient and environmentally friendly water heating options.
Before we get into the pros and cons of an electric tankless water heater, let’s quickly explore some important factors every homeowner must consider before investing in an electric tankless water heater.
Important Factors To Consider
There are several things to consider before investing in an electric tankless water heater, including cost, installation, and maintenance. Additionally, using an electric tankless water heater has both benefits and downsides. Below are some of the factors;
Size
Electric tankless water heaters are available in various sizes. Choosing the right size for your home is important to ensure an adequate hot water supply. Depending on the size of your home and the number of people living there, you may need to buy an electric tankless water heater that is larger or smaller than the one you originally considered.
Larger electric tankless water heaters can provide more hot water in a shorter time, while smaller electric tankless water heaters may be more cost-effective. When shopping for an electric tankless water heater, you must consider your needs and the size of your home.
A tankless water heater that is too small will need more hot water to meet your needs, while a tankless water heater that is too large will use more energy and could be more expensive to operate. It is best to consult with an expert when choosing a size for your home.
Efficiency
Electric tankless water heaters are more efficient than traditional tank-style water heaters. Tankless water heaters don’t store hot water; they heat water on demand, so you don’t have to worry about standby energy losses.
Electric tankless water heaters still use a lot of electricity to generate heat, but they may be a good option if you’re looking for an energy-efficient water heater. The drawback to these systems is that they often cost more than traditional tank-style water heaters. However, if you’re looking for a water heater that doesn’t use a lot of electricity, these systems may be a good option.
Location
Electric tankless water heaters must be installed near the point of use, such as under a sink or in a closet. This can be difficult in some homes and may require the help of a professional. Consider location when buying an electric tankless water heater.
Homeowners have to deal with electricity quickly becoming one of the most expensive commodities. Considering where you will be using the water heater will help you save money in the long run. Electric tankless water heaters are convenient because they do not require any fuel and are small, making them easy to place.
A good option is to install one near the point of use, such as under a sink or in a closet. Doing so will make the installation and use much easier and more convenient for you.
Cost
Electric tankless water heaters can be more expensive than traditional storage tank water heaters. Additionally, installation costs can be higher since tankless water heaters require specialized wiring and plumbing. Therefore, when budgeting for a new water heater, factor in the initial purchase price and the cost of any necessary installation or modification to your home’s existing wiring and plumbing.
You may find that the upfront cost of a tankless water heater is higher than that of a traditional storage-tank water heater. Still, over time, the energy efficiency of a tankless water heater will save you money on your monthly utility bills.
Installation
Installing an electric tankless water heater requires experience and knowledge of electrical wiring and plumbing. With the help of a professional, it can be easier to install an electric tankless water heater properly. Additionally, it is important to consider the installation cost when purchasing an electric tankless water heater. Often, the cost of installation can be more expensive than the cost of the water heater itself.
While it is possible to install an electric tankless water heater yourself, it is highly recommended that you hire a professional to do the job. This is because electric tankless water heaters require a dedicated circuit, and if the installation is not done properly, it could result in an electrical fire. In addition, electric tankless water heaters must be properly vented to avoid carbon monoxide poisoning.
Maintenance
When you are in the market for a new water heater, it’s important to compare the initial purchase cost with the long-term costs of ownership and maintenance. Electric tankless water heaters are popular because they are smaller and more efficient than traditional storage water heaters.
But, like any appliance, they require regular maintenance to keep them running smoothly. Depending on the model, tankless water heaters may need descaling every three to five years. Descaling is a process of removing mineral buildup from the heating elements and inside the unit.
You May Also Like: Step-by-Step Guide to Flushing Your Tankless Water Heater
Climate
Electric tankless water heaters can be less effective in cold climates since they rely on electricity to generate heat. If you live in a climate with freezing temperatures, consider a different type of water heater. For a water heater to work well in cold weather conditions, it needs to have a thermostat that keeps the water at a consistent temperature. However, electric tankless water heaters rely on electricity to generate heat, which may be less effective in colder climates. If you live in a climate with freezing temperatures, consider a conventional water heater instead.
Pros of An Electric Tankless Water Heater
Energy-efficient
Electric tankless water heaters are efficient because they don’t use fuel. The water inside the tankless water heater is heated by electricity from the grid, so it can be heated quickly in case you need it. Electric tankless water heaters also have a lot of advantages over other
types of water heaters.
They’re energy-efficient, so you spend less on energy bills, and they’re compact and take up less space. Electric tankless water heaters are an efficient and cost-effective way to heat your home. By using a small and compact design, these heaters can save a lot of energy. Not only are these units energy efficient, but they are also affordable.
Endless hot water supply
Electric tankless water heaters are a great option for anyone who wants endless hot water. While initial set-up can be time-consuming, the appliances save time in the long run by providing consistent, hot water without the hassle of constantly filling and cleaning a tank. They are perfect for hot showers, baths, and kitchens.
Not only are they less expensive than traditional water heaters, but they also provide a more consistent flow of hot water. This is especially beneficial for larger families or households with multiple bathrooms. Electric tankless water heaters are also much smaller than traditional water heaters, making them a perfect option for small homes or apartments.
They take up less space
Electric tankless water heaters are smaller and don’t take up much space, so they can be placed more easily in tight spaces. This is beneficial if you live in an apartment or a home on a smaller plot of land. Not only are they smaller, but electric tankless water heaters also use less energy, so you’re not going to have to worry about expensive bills.
Electric tankless water heaters come in two styles: Direct vent and convection. Direct vent water heaters are simple in design and resemble a standard stove. They require an external source of electricity to operate. Convection water heaters, on the other hand, are more complicated, but they also offer more features.
They last longer
Electric tankless water heaters, also known as on-demand water heaters, have several advantages over traditional storage tank water heaters. One advantage is that they have a longer lifespan. Electric tankless water heaters can last up to 20 years, while storage tank water heaters typically only last 10-15 years. With proper maintenance, an electric tankless water heater can last even longer.
Electric tankless water heaters are more energy-efficient than storage tank water heaters. They only heat water when needed, so there is no standby heat loss. On the other hand, storage tank water heaters always work to keep a tank of water hot, even when no one is using it.
They are safe for the environment
Electric tankless water heaters are a recent invention, quickly becoming popular due to their safety and environmental benefits. They are considered a safe and eco-friendly option because they use far less energy than traditional water heater models and do not produce emissions that affect the environment.
In addition, they are much less likely to explode or leak than older models, making them a safer option for families. Overall, electric tankless water heaters are a great option for anyone looking for a safe and eco-friendly water heater option.
Cons of An Electric Tankless Water Heater
They are expensive
Electric tankless water heaters can be expensive, but there are some reasons why they may be worth the cost. First, these heaters are often more efficient than traditional electric water heaters. Second, tankless water heaters operate without needing a storage tank, which can be a cost-saving measure. Third, tankless water heaters are more reliable than traditional electric water heaters.
Electric tankless water heaters can be expensive, particularly if you install one. This is due to the need for professional installation, specialized equipment, and the high cost of the units themselves.
They require a dedicated circuit
Electric tankless water heaters are energy efficient and provide a steady stream of hot water on demand. However, they do require a dedicated circuit to operate. Electric tankless water heaters may perform as expected with a dedicated circuit or cause a power surge.
Additionally, homeowners looking to install tankless water heaters must check their local building codes to determine the necessary circuit size and type for their particular model. Without adhering to the established codes, an electric tankless water heater may not function properly or present a hazard to the home’s electrical system.
Furthermore, additional piping or wiring may be necessary, depending on the model and installation location. This can further increase the installation cost and may require a professional to ensure the system is safe and functioning correctly.
They require more maintenance
Electric tankless water heaters offer many advantages compared to traditional storage water heaters but also have a few downsides. These systems require more maintenance than their counterparts, as they must be periodically descaled to reduce mineral deposits buildup. In addition, they can be more expensive to install and may require larger wires and larger breaker sizes to power them adequately.
As such, these systems may be a better choice for some homeowners, while a traditional water tank may better serve others. Another potential downside of electric tankless water heaters is that they require a higher initial investment. Electric tankless water heaters also require more maintenance than their traditional counterparts.
Frequently Asked Questions
What are the most common problems with tankless water heaters?
Tankless water heaters are common in many households because they are known to be more energy efficient than traditional tank water heaters. However, some problems can still occur with tankless water heaters. The most common problems are: not enough hot water, inconsistent water temperatures, and high water pressure. Not enough hot water is the most common problem, and many different factors can cause it.
Are tankless electric water heaters worth it?
The average household spends $400-$600 annually on water heating, which accounts for 14%-18% of home energy use, making it the second largest energy expense in the home. Tankless water heaters can help reduce these costs by providing only hot water when needed. They also take up much less space than traditional storage tank water heaters.
Conclusion
Electric tankless water heaters have many benefits, but there are also some potential downsides to consider before investing in one. They are far more energy efficient than traditional water heaters and can save you hundreds of dollars in energy costs each year. However, their higher upfront cost might make them less desirable for homeowners on a tight budget.
In addition, tankless water heaters require more power than their traditional counterparts, so you may need to upgrade your electrical system to accommodate one if you don’t already have a powerful enough system. This can add significantly to the cost. Be sure to research if an electric tankless water heater is right for your home.