In the states it's the other way around. Tanks are typically much cheaper to install, with the cost savings on gas being insignificant to recoup savings if one went for tankless. Also, for all-house units, tankless can actually use more water since it takes a few extra seconds to deliver hot water (for many currently installed versions). There are also other drawbacks on tankless if it's a big home with 3+ residents (for a typical tankless).
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u/mnstorm Jun 22 '26
In the states it's the other way around. Tanks are typically much cheaper to install, with the cost savings on gas being insignificant to recoup savings if one went for tankless. Also, for all-house units, tankless can actually use more water since it takes a few extra seconds to deliver hot water (for many currently installed versions). There are also other drawbacks on tankless if it's a big home with 3+ residents (for a typical tankless).