Rather you need to consider the pros and cons of each to decide which would be more suitable for your situation.
Tankless vs on demand water heaters.
By only heating water when it s needed tankless water heaters do not experience standby heat loss which occurs when heat escapes the water tank and needs constant reheating.
Indoor vs outdoor tankless water heater.
As their name implies tankless or on demand water heaters don t store water in a tank.
Tankless water heaters as their name suggests heat water on demand and do not maintain a supply of water.
Tankless water heaters are as much as 34 more efficient thank tank models according to the energy department.
Energy efficient according to consumerreports tankless water heaters on average are 22 percent more energy efficient than traditional water heaters.
According to energy research done by energy gov if you are using a 40 gallon tank of hot water or less your energy demand is typically less than 50 percent with a tankless water heater compared to a water heater tank.
When choosing a tankless water heater the first thing you need to decide is if you want gas or electric.
You re not constantly heating a tank in anticipation of needing it you only use energy when you use hot water.
Neither type is inherently better.
Instead they heat water as it passes through the unit using a heat exchanger to rapidly bring it.
For homes that use 41 gallons or less of hot water daily demand water heaters can be 24 34 more energy efficient than conventional storage tank water heaters.
For most households they can produce a savings of 100 or more every year.
They can be 8 14 more energy efficient for homes that use a lot of hot water around 86 gallons per day.
Tankless water heaters are more energy efficient for your homes because it is not constantly running to maintain hot water.
Although tankless water heaters heat water on demand they do have output limits on their flow rate.
Since they only heat water when you need it tankless water heaters are exceptionally energy efficient.
This means if you re running the dishwasher doing the laundry and taking a shower.
There s one key reason for that.
Dramatically smaller than traditional water heaters small enough to mount on the wall tankless units live up to their name.
Rather than constantly maintaining a standby supply of hot water they.