If you’re in the market for a new water heater, you might be wondering if a tankless or hybrid water heater is the right choice for your home. Both have their pros and cons, so it’s important to do your research before making a decision. Keep reading to learn more about tankless and hybrid water heaters so you can decide which is right for you.
Did you know that BGE is offering up to $7,500 back in energy efficiency improvements, which may include a new water heater? Contact Rich at 1-888-490-HERO (4376) to find out if you qualify.
Tankless Water Heaters
Tankless water heaters are a more recent innovation that are becoming increasingly popular. They work by heating water on demand, so you only use energy when you need hot water. That means you can save money on your energy bills over time. Additionally, tankless water heaters tend to last longer than traditional tank heaters, so you won’t have to replace them as often.
One downside of tankless water heaters is that they can take longer to heat up than traditional tank heaters. That means if you have a large family or entertain often, you might need more than one unit to meet your hot water needs. Additionally, they can be more expensive upfront than traditional tank heaters.
Hybrid Water Heaters
Hybrid water heaters are a combination of traditional storage tank water heaters and tankless units. They have a storage tank like a traditional heater, but they also have coils that heat the water on demand like a tankless unit. That means you get the best of both worlds—the hot water capacity of a storage tank with the energy efficiency of a tankless unit. They also take the ambient humidity to heat the water and do less dehumidifier use. Lots of rebates towards these in the BGE and PEPCO programs.
The downside is that Hybrid Heat Pump water heaters need space to use that ambient air. If the space is small then it might not be worth it.
<Related Reading: Why You Should Consider a Hybrid Electric Heat Pump Water Heater>
So, which type of heater is right for you? If you’re looking for an energy-efficient option that will save you money in the long run, a tankless unit is probably your best bet. If you need a lot of hot water and want the convenience of a storage tank, go with a hybrid model. And if you’re on a budget, a traditional storage tank heater might be the way to go. Whatever your needs, there’s sure to be a type of heater that’s perfect for your home.
If you have any questions about which one is right for your home, contact us for a free phone consultation.