We’ll explain these 3 factors in more detail.
There are 2 types of water heaters: storage tank and tankless
Storage tank water heaters heat and store water for when you need it.
Tankless water heaters, on the other hand, don’t store water—they heat water on demand as water passes through a heat exchanger.
If sized right, tankless water heaters can provide limitless hot water. They’re suitcase-sized and are perfect for homes that don’t have enough space for a larger storage water heater.
Which should you get? We’ve covered tank vs. tankless water heater in detail in this article.
But we’ll summarize: While tankless water heaters can provide limitless hot water, they can be 2 to 3 times more expensive to buy and install.
If you want limitless hot water and have the budget to accommodate the high upfront cost, tankless water heaters are for you.
If you just need a quick replacement and money is tight, then go for a storage tank water heater.
Water heaters are usually fueled by either natural gas or electricity.
Gas is usually the go-to fuel source because it’s cheaper than electricity.
You can see annual heating costs of gas vs. electric water heaters using this Fuel Cost Comparison Calculator:
That’s a $269 difference!
*Cost can vary depending on the rate for each fuel type.
However, if you don’t already have gas running to your home, installing a gas water heater will be more expensive, increasing its total lifetime cost. This could possibly tip things in favor of choosing an electric water heater.
3) Water heater size
To provide enough hot water to your family, you need the right water heater size
However, “size” means different things for storage tank and tankless water heaters.
For storage tank water heaters, size means how much water it can store in the tank (measured in gallons).
For tankless water heaters, size means how many gallons of hot water it can provide in a minute (GPM). This is called the “flow rate.”
Here are articles to help you find the water heater size you need:
Or you could just call a contractor to find the size for you.
You’ll have to get one to install it for you anyway, might as well have them help you find the size you need, too.
Need help finding the perfect water heater for your family? We are the plumbing contractor that Ashland, Framingham and Metro West residents can depend on.
Nicholson Plumbing, Heating and Air Conditioning gladly serves the Framingham-area.
Francis from Nicholson Plumbing and Heating was excellent. He was here to evaluate HVAC in our home. He was very patient and answered all my questions. He is also polite and easy to communicate with him. He explained technical concepts to me in layperson terms!
- Shelley S.
Nicholson offered what is possibly the best customer service I have dealt with in a home repair situation. I called them because I was looking to replace my very old furnace. They came out to do an initial estimate, and then came back when I had some further questions about my options. After installing the furnace, they ran into some problems with my air ducts. This happened on a Friday, and the problem was fixed by Monday afternoon. In addition to their excellent service, they did quality work at a fair price. I would recommend them to anyone looking for an HVAC company in the Framingham area!
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Recently used these guys because my HVAC unit AC wasn’t working (first hot day of summer). Showed up on time, wore booties, fixed the unit. During the visit we talked about how my unit was having problems in the winter – which was resulting in NSTAR service calls of maybe 3-4 times per season (I am on a service plan with them). He was the first guy to tell me WHY the problem was happening, and HOW to fix it. I find it strange that all of the NSTAR guys etc. no one took time to point out how to fix the source of the problem…Very professional, smart. I would use them again, and plan to for the fix on my heating unit!
- Ben J.
Nicholson Plumbing, Heating and Air Conditioning is the best and most reliable source for electrical service. We are proud to be Mitsubishi Electric Diamond Elite Contractors, that have gone through extensive accreditation and training in order to provide proven high-quality service. Get in touch with us whenever you need to have electrical work done in Framingham!