Electric vs. Gas Tankless Water Heaters: Which is the Right Fit for Your Home?
August 13, 2024
When it comes to selecting a tankless water heater there is an ongoing debate as to which water is best.
Both offer distinct advantages and come with their own set of considerations. Let's determine which water heater is the best fit for your home’s needs and why.
Electric Tankless Water Heaters
Electric tankless water heaters are glorified for their simplicity and convenience. They are particularly suited for smaller homes or households with moderate hot water needs. Installation is generally straightforward, requiring less space and fewer modifications, which keeps upfront costs lower. They’re also considered more environmentally friendly due to their efficiency and the option to use renewable energy sources.
Gas Tankless Water Heaters
Gas tankless water heaters are known for their reliable performance. They can handle high hot water demands, making them ideal for larger households or homes with high hot water demands. In terms of installation it’s more upfront work requiring venting leading to slightly higher upfront costs, Although the operating expenses are usually lower because gas is cheaper than electricity.
Factors to Consider Before Making a Decision
When switching to a electric or gas tankless water heater there are a few factors to consider:
- Energy costs : Considering the current and projected cost of gas and electricity for your home is vital as this will impact the long-term cost-effectiveness of both tankless water heaters.
- Hot water demand : Consider your household’s hot water demand and ensure that the new install will be able to meet your needs. If you have high demand, a gas tankless water heater may meet your needs best.
- Installation costs : Switching water heaters requires the installation of new gas or electrical lines which affects the overall cost. So it is essential to consider the cost of installation and any necessary upgrades to your existing gas or electrical system.
- Venting : Gas tankless water heaters require venting, while electric heaters do not. This is important to consider when switching, as the installation of a venting system adds to the cost of the switch.
- Maintenance : Gas tankless water heaters typically require a little bit more up-keep than electric models. Therefore, you should take into account a bit more cost annually for a gas heater over an electric heater.
Whether you decide on an electric model for its efficiency and lower installation fees, or a gas model for its higher output and cost-effectiveness, upgrading to a tankless water heater is a wise investment. It not only provides endless hot water but also improves energy consumption, ultimately contributing to a more cost effective home environment. If you’re ready to make the switch or need more information? Contact our experts today for a personalized recommendation for your home’s needs.
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