Similar questions: advantage tankless water heater conventional 50 gallon natural gas tank.
Tankless gives hot water in spurts vs. a tankful of hot water that you use up. I've had both and it depends on your particular needs which is best for you. I found that with tankless, I got hot water in spurts: while showering, for example, the water went from reasonably hot to not-so-hot off and on during the whole shower.
Having just two people in our household now, the tank we have is just fine. We don't use it all up. It costs electricity to heat water either way.
How many people will be using it and when? How hot do you like it? Is it in a second home where a tank full of water will sit for a while?
Do you run out of hot water now? Also consider whether you pay for water separately and must pay for the water that you run while it is getting hot enough to use. Do you pay electricity to run your well pump?
Tankless will give you hot water faster 'cuz it heats it up as its going thru the pipe. We run the cold water into a container until it gets hot and use that water for other purposes. I realize that this would not work for everybody..
Size and water availability. The advantages I saw in having a tankless heat-on-demand water heater was that 1) it would fit in an apartment or other space where a tank heater would take up a lot of real-estate, and 2) as it heated water as it passed through you never ran out. With a tank heater the water is heated slowly and maintained at temperature.
This takes much less energy than heat-on-demand but results in a finite amount of hot water available at a time. Anyone who lives with several people can attest that whoever gets the last shower is running a race against the water heater. With a tankless system you could take as long a shower as you want, get out, and do the dishes, never running out of hot water..
More efficiency A regular water heater heats water, which then gradually cools down because the insulation isn't perfect. So it has to heat the water again. And during the summer, that waste heat has to be cooled down by the air conditioning.
Also, you never run out during a shower, because there's no tank to deplete. The downside is that you can't produce a lot of hot water at once. If somebody is washing the dishes while you're taking a shower, it's going to get a mite chilly..
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Water heater work with eletric with gas to geather.
I won $2000 to spend on an Energy Star appliance, thanks energizer bunny! Anybody with a tankless water heater opinion?
Can I switch out water heater gas valve with different brand valve.
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