There are advantages and disadvantages of both categories of water heaters: storage and tankless. However, you can make the right choice if you know some tips that can help you assess what type is the best for your home. For homes in Denver, water heaters of both types are a good solution, but there are some catches when you make a choice.
For instance, according to experts in the industry, it is already known that homes that use a daily amount of 41 gallons of hot water or less could enjoy increased efficiency between 24% and 34%, by using a tankless water heater Denver has to offer. For homes that need a larger amount – about 86 gallons daily –, the increase in efficiency is reduced to 8-14%, compared to storage water heaters. But, in this case, you can achieve greater energy savings if you install a tankless water heater for each hot water outlet. This way, you can improve your energy savings by 27-50%.
It is true that for each tankless water heater you have to pay more than if you bought a storage heater, but, according to ENERGY STAR estimates, you can save $100 and even more per year with a tankless water heater, which compensate the initial difference of price in a few years.