Tank Vs Tankless Water Heaters Oklahoma

1. TANK VS TANKLESS WATER HEATERS BY RAPID WATER HEATERS LLC Pros: Pros: Invented in 1889 Invented in 1929 SAVES MONEY LONG TERM “Tankless water heaters save on average 24% – 34% more electricity.” —Energy.gov LOWER INITIAL COST Installation tends to be half as much as a tankless water heater. LASTS LONGER Can lasts 20+ years. Doubling the traditional water heater’s life. Warranty also lasts longer. INEXPENSIVE TO REPLACE If it goes bad, it’s relatively cheaper to replace for a new one. UNLIMITED HOT WATER Provides two to three gallons of luxurious hot water per minute, on demand. Cons: HIGHER UTILITY BILL They heat an reheat water at a pre- set temperature costing you more. TAKES VIRTUALLY NO SPACE They are small and can be installed in more places—even outside on a wall. RUNS OUT OF HOT WATER If it goes bad, it would’ve costed you less to go with a tankless one. REBATES & TAX CREDITS Get up to $550 OFF between rebates and tax credits when switching from a tank. SHORTER LIFE They last between 7 - 10 years. You have to buy them twice as often. Cons: HIGHER INITIAL INVESTMENT The investment ranges from $2800-$3500. And we offer affordable payment plans! BIG & BULKY They occupy a lot more space and can’t be placed outside.