Traditional Tank Water Heaters
Traditional tank water heaters are the most commonly known option to heat your home or business' water. These water heaters have a lower initial cost because there are no extra installation needs with fewer features. Since these heaters are simple they have lower repair costs.
However, there are a number of cons with traditional tank water heaters. These include higher utility costs, standby loss, hot water shortage and shorter lifespan.
The appeal of a traditional tank water heater is it's affordability and simplicity.