Traditional tank water heaters tend to be more affordable and provide a constant hot water supply, but they can be limited to the volume of water they heat and the demand they can deliver. Tank-type water heater energy efficiency varies dramatically between standard and high-efficiency gas, electric, and heat pump models. Tankless water heaters heat water on demand (instant hot water) and are more energy efficient. The upfront installation cost of a tankless water heater is usually higher than a traditional tank, but tankless water heaters are known to last 2-3 times as long as a conventional water heater and are more energy efficient; in the long run, tankless water heaters are the most cost-effective choice. When selecting a tankless water heater, consider the hot water demands of the home or business when choosing the suitable model (BTU capacity). When installing a new hot water heater, consider hot water use, energy source, elevation, installation location, maintenance, and the system’s lifespan. Call Pipecraft Plumbing for a free estimate, and we’ll review all your options for a water heater that offers the performance you need and the budget you’ve allocated.