Along with their longer lifespan tankless water heaters are known to have reduced monthly energy bills helping offset their higher purchase price.
Tankless water heaters vs regular water heaters.
Tankless heaters can be 8 14 more energy efficient for households that use around 86 gallons daily.
Tankless water heaters are more compact and can heat up water as you use it.
We rated the annual energy consumption cost excellent for a gas.
Tankless heaters can be 24 34 more energy efficient than regular water heaters for households that use 41 gallons or fewer of hot water daily.
The doe notes that storage tank water heaters typically last 10 to 15 years while most tankless units have a life expectancy of 20 years or more.
Water heaters with tanks.