Consider the number of bathrooms in your home. For a family of four, you will likely need a tankless water heater capable of producing hot water for two to three bathrooms simultaneously. Factor in the temperature rise needed for your desired hot water temperature.
Proper sizing is important prior to select and installing a tankless, but in general the average rules for sizing the correct water heater for a household are roughly: 3.5 GPM for 1-2 fixtures simultaneously. 5 GPM for 2-3 fixtures simultaneously. 7 GPM for 3-4 fixtures simultaneously.
Tankless heaters work best in a household where multiple showers are taken one right after the other. They are available in natural gas, propane or electric. Gas tankless water heaters use power or direct venting and electric units do not need to be vented.
Electric tankless systems require a LOT of power, even a smallish one for a single bathroom. You'll need a new dedicated run to the bathroom for it. Sometimes 2 runs.
Yes it is good for families. Tankless water heaters, also known as on-demand or instant water heaters, have many advantages over traditional tank-style water heaters and can be an excellent long-term investment. Its most significant advantage is energy and cost savings.
Absolutely! In fact, tankless water heaters are becoming the standard for new home construction because of the energy efficiency.
More expensive installation and maintenance.
Tankless systems require special venting, rerouted gas lines, possibly multiple units for a larger household, and sometimes maintenance like installing a softener.
Additional Installation Costs
Tankless water heaters are much more complex than traditional hot water tanks. As a result, they require professional installation. If you're switching from a hot water tank to a tankless unit, you will likely need your gas lines rerouted, as well as a larger gas supply line.
The federal tax credit for tankless water heaters in 2024 is an excellent opportunity for homeowners to save money while investing in energy-efficient water heating solutions. This tax credit is effective from January 1, 2023, to December 31, 2032.
So if you don't feel fully prepared with your plumbing and electrical skills, it's best to hire a licensed professional — in some locations, this is required. And make sure to follow local electrical and plumbing codes for installing and sourcing parts.
Some people hesitate to decide on a tankless water heater because they can be a slightly higher cost; however, you get significantly more life out of one. A standard water heater tank lasts about 8-12 years. A tankless water heater can last as long as 25 years!
If your tankless water heater keeps shutting off during your showers, it may be struggling to meet the high demand. Consider reducing water flow or using low-flow showerheads to alleviate the problem.
A 50-gallon water heater should be replaced with a tankless system with a 10 GPM flow rate just to be safe. Selecting the right flow rate ensures you won't experience cold showers or excessive energy costs. Proper sizing optimizes performance, providing hot water on demand without unnecessary waste.
The right tankless water heater can definitely take care of all your family's hot water needs, including taking multiple showers at once. If you're considering upgrading to a tankless water heater, it's essential to work with experienced professionals.
The cost of a tankless water heater at Home Depot can vary depending on the type and features you choose. Generally, electric tankless water heaters have a lower upfront cost, ranging from $200 to $700, while gas-powered tankless water heaters can cost between $500 and $1,500 or more.
Advantages and Disadvantages of Tankless Water Heaters
The initial cost of a tankless water heater is greater than that of a conventional storage water heater, but tankless water heaters will typically last longer and have lower operating and energy costs, which could offset their higher purchase price.
Homeowners can receive a tax credit of 30% of the project cost, up to $2,000, for Heat Pump Water Heaters installed between January 1, 2023, and December 31, 2032. Gas Storage Water Heaters, Tankless Gas Water Heaters, and Boilers also qualify for a tax credit of 30% of the project cost, up to $600.
Before you commit to buying a tankless water heater, the primary drawbacks to know include: Higher upfront costs. Tankless water heaters are, on average, quite a bit more expensive to buy and install than tank water heaters. Access to fuel.
Keep your water heater away from outside elements
If your tankless heater is exposed to extremes weather conditions, it will run a greater risk of premature failure. So, make sure your appliance is away from doors and windows, and never installed in the garage or basement.
One of the most common questions asked by consumers about tankless water heaters is how long they will last. A tankless water heater can last anywhere from 15 to 20 years with proper maintenance and operation. In comparison, a standard tank water heater normally has a working life of 10 years or less.
You might want to avoid a tankless water heater due to its higher upfront cost. Another downside is the possible upgrades to your gas line or electrical system required to install one.
Installing a tankless water heater can require gas line upgrades, electrical modifications, and specialized venting—all of which can increase costs. Professional labor also runs from $500–$1,500 due to complex installation requirements.
Tankless water heaters can save you money on your energy bill in the long run, but they also require a greater initial financial investment upfront. Installation costs more, especially if you're installing your first tankless heater and require new gas lines and venting or a dedicated electrical circuit.