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Tank vs. Tankless: Choosing the Right Water Heater for Your Home

Published by Key Plumbing Team on May 28, 2025

Tank vs. Tankless: Choosing the Right Water Heater for Your Home

Choosing a new water heater is a significant decision for any homeowner. The two main types available are traditional tank water heaters and modern tankless (on-demand) water heaters. Each has its own set of advantages and disadvantages.

Tank Water Heaters: These are the most common type. They store a reservoir of hot water (typically 20-80 gallons) and keep it heated. Pros include a lower initial cost and simpler installation. Cons are standby heat loss (energy wasted keeping water hot) and a limited supply of hot water (once the tank is empty, you have to wait for it to refill and reheat).

Tankless Water Heaters: These heat water directly as it flows through the unit, without the need for a storage tank. Pros include energy savings (no standby heat loss), an endless supply of hot water, and a longer lifespan. Cons are a higher upfront cost and potentially more complex installation, sometimes requiring upgrades to gas lines or electrical systems.

Factors to Consider: When deciding, think about your family's hot water usage, available space, budget (both upfront and long-term operating costs), and energy efficiency goals. For larger families with high hot water demand, a tankless unit might be more beneficial in the long run, despite the higher initial investment. For smaller households or those with tighter budgets, a traditional tank heater might suffice.

Consult with a Key Plumbing professional to assess your specific needs and help you choose the best water heater solution for your home and budget.