Your water heater is an appliance you use every day, and getting a new one is an investment you want to make carefully. Tank storage and tankless heaters offer very different solutions, each with its own benefits. The Plumbing Source in Cleveland, OH, says homeowners should consider the following when deciding which option is right for them.

Tank Storage Water Heaters

A tank storage heater slowly heats water and fills the tank until it’s at capacity. The size of the tank will determine how much hot water you have on hand. This option has a low up-front cost. On average, it will cost you about a quarter of what the tankless one would to purchase and install. It also has a simpler operation than its tankless counterpart, requiring less maintenance and usually lower repair costs.

However, this water heater does require space to be installed and will result in slightly higher utility bills. You’ll also run out of hot water if you try to use a lot at once, such as when a few people take showers in a row. If you have a small family and don’t need a lot of water, this might be the solution for you.

Tankless Water Heaters

Tankless heaters, as the name suggests, don’t require a tank because they use high-powered burners to rapidly heat water as it passes through. This compact system is more expensive to buy and install but will save you money over time with its energy efficiency. It’s particularly useful for those who use a lot of hot water and don’t want to worry about running out.

If you’re still unsure which type would be best for your home, talk to The Plumbing Source. Their plumbing and heating contractors can be reached at (877) 768-7239 for questions regarding water heaters and to get an estimate. They have served the area since 1985 and will provide you with the same dedicated service they’ve given their happy clients before you.