The 3 common sources of fuel for tankless water heaters are electricity, natural gas, and propane. An electric tankless water heater is an entirely different design than gas models. A gas unit is designed to burn natural gas or propane. Other than the type of fuel used, natural gas, or propane, the units operate almost the same. Many manufacturers offer both natural gas and a propane model.
There isn’t a simple answer to the question of which is the best and most reliable water heater. Both gas and electric water heaters are good choices and both have their own set of strengths. Each household has its own unique circumstances, what is a perfect match for the neighbor, may not be a good fit in meeting your requirements.
Deciding which type of tankless heater to buy is critical that should be based on your household hot water demands, budget, installation opportunities, and personal choices. Consult with aprofessional who can give you specific guidance for your individual situation.
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Are Electric Water Heaters Expensive To Run?
Many regions experience very high gas prices, which makes an electric tankless system less expensive to operate than gas units. Even with high electricity costs, the efficiency of an electric system will offset the higher fuel prices.
Electric tankless water heaters are less expensive than gas systems. A quality electric heater can be purchased for 500 to 600 dollars.Electric tankless water heaters are easier to install, which equates to less expensive installation costs.
Because there is no gas combustion occurring, an electric system does not require ventilation. Not only does this reduce the installation costs, but it also provides flexibility as to where these units can be installed.
Gas tankless water heaters can deliver more hot water than electric systems. A gas tankless heater is a good fit for a house with a large family that has a large demand for hot water.
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Which Water Heater Is The Cheapest To Run?
Gas tankless water heaters need more maintenance than electric heating systems.
A gas tankless heater is to be inspected yearly by a licensed technician to ensure that the fuel is combusting safely and the appliance is properly performing. Gas tankless systems are prone to mineral scale build-up. Because of this, they require more frequent flushing.
Electric tankless water heaters require minimal maintenance. The water inlet screen filter should be cleaned as needed, and the system should be flushed annually to remove limescale build-up.
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Are Electric Tankless Water Heaters Worth It?
Electric tankless water heaters cross a 20-year lifespan because of the simplicity of their design. Warranties may vary, but parts are covered for 5-years, and labor for 1-year. When problems occur, an electric tankless system is easy to troubleshoot, diagnose, and repair.
Some homeowners are comfortable with electric tankless heaters, from a safety point of view.Many homeowners are uncomfortable using natural gas or propane for home appliances in the fear of a natural disaster.
Homeowners show interest in an electric tankless heater due to environmental concerns. Electric systems are very energy efficient and do not use fossil fuels or release greenhouse gas emissions.
Do Tankless Water Heaters Save Money?
For houses using 41 gallons of hot water every day , demand water heaters are 24% to 34% more energy-efficient than storage tank heaters.” Tankless water heaters save $100 annually the longer they are in service.
Over the last decade, tankless water heaters became an alternative to traditional storage water heaters. Also known as on-demand, or instantaneous water heaters, tankless water heaters have many advantages over storage water heaters. They heat water instantly when needed . And there’s no need keeping a 30- to 80-gallon tank of water heated when not in use.
This has led a lot of homeowners to believe that switching to a tankless water heater will save them money. Some families may save a little money, but for most, the calculation is not clear.
The energy savings of tankless water heaters come with high front-end costs, both for purchase and installation. The complex engineering of tankless water heaters leads to a high purchase price.
Tankless water heaters are more complicated to install the downside of a tankless water heater Gas tankless water heaters require additional venting and larger diameter gas supply lines. And whole-house electric tankless water heaters draw so much power when they’re running that homeowners need to upgrade their electrical systems to 200 amps or more.
In a study, these complexities led to installation costs that were from $200 to $700 higher.
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Tankless water heaters pay for themselves with energy bill savings, but the payback period may be: 22-27 years for a gas tankless heater, 12-20 years for an electric.
Tankless water heaters last longer than storage heaters: 20 to 25 years in many cases. So they can deliver on that savings. But that’s a long wait for petty net savings.