The water heater is accountable for heating your home’s water source and immediately supply the hot water required to run various fixtures and appliances in the household.

As a homeowner seeking to properly invest into a new water heater, selecting the ideal system is detrimental. After some research, you’ll probably know that there are tank and tankless water heaters currently on the market — both have their advantages and disadvantages.

Longevity and Efficiency

On average, a gas hot water heater will last anywhere from 8 to 12 years, while a tankless electric model may last 10 to 15, though some manage to last up to 20. Now depending upon your needs and current wiring, you may want to research exactly which option is ideal for your needs.

A traditional water heater shops and preheats involving 30 to 50 gallons of water. That is sufficient for someone to shower, do a load of laundry, or wash the dishes. There is then a standby period while the tank refills and reheats the water once more.

On the other hand, a tankless water heater heats the water as you use it. The cost to install the tankless variety, however, is more expensive initially.

Your Needs

For homes with less than 41 gallons, a tankless water heater, or on-demand heater, can be up to 34 percent more energy efficient in the home. They are small and can be installed in locations a traditional water heater cannot.

On the other hand, if you need larger amounts of heated water, a conventional system may be up your alley.