There are several water heater systems options from which to choose. Each certainly has its merits and cons, which is why it ultimately comes down to deciding what is best for you.
To make an informed choice, consider what advantages each option has to offer. When choosing, you must also review the challenges unique to the different water heater systems. Here is a quick rundown of what you should know about three types of water heater systems.
1. Storage Tank Water Heater Systems
Tanked water heaters are common in residential homes. The major component of this water heater system is the insulated tank water, where water is heated and stored. Tanked water heater systems are relatively cheaper to buy and install. You can choose from various tank sizes and look forward to enjoying a high flow rate.
However, these tanks are quite bulky. You will also be limited by tank capacity as it takes a while for the tank to refill and heat up after you deplete the stored hot water. Again, these water heater systems have more ongoing maintenance needs.
2. Tankless Water Heater Systems
With this system, you get hot water on demand, unlike tanked systems that store the water in a tank. Tankless water heaters cost more in upfront purchase and installation compared to storage tank water heaters. The costs can run high, considering you may need multiple units if yours is a large household.
Away from those drawbacks, tankless water heaters have the advantage of being space-efficient. These water heaters are also highly energy efficient, saving you money in the long run. You also don't have to worry about a leaking or burst water tank. Lastly, tankless water heater systems generally have a longer lifespan.
3. Heat Pump Water Heater Systems
These water heater systems are also commonly known as hybrid water heaters. This type uses heat in the surrounding air and ground to warm water instead of directly generating the required heat.
Since the heaters use what is already available, heat pump water heater systems are highly energy-efficient. They also have minimal maintenance demands and are an environmentally-friendly choice.
On the other hand, heat pump heaters are expensive to buy and install. You will also need plenty of space for the safe and optimal performance of these heaters. Again, this type of water heater doesn't do well in cold climates.
These various water heater systems have their pros and cons. Carefully consider what these are before making your decision. Ensure that the water heater you choose can sufficiently meet your hot water requirements and fits within your budget, among other things.