Heat pump water heaters and tankless water heaters are both popular choices for Australian homeowners looking to upgrade their hot water systems. But how do they stack up against each other? Let’s take a look.
When it comes to installation, heat pump water heaters are typically larger than tankless ones and require more space. If you’ve got a larger home and plenty of room, then this might be the option for you. Tankless systems on the other hand are relatively compact compared to their counterparts, making them suitable for smaller homes or apartments.
As far as energy efficiency is concerned, it’s hard to go past heat pump water heaters. They can use up to 60% less energy than a standard electric hot water system, and up to 80% less than gas-fired tank systems. That means lower energy bills – something that all homeowners can appreciate! Tankless systems are also pretty efficient but don’t quite reach the same level as heat pumps – typically using around 20-30% less energy compared to standard electric storage tanks.
When it comes to hot water output, tankless systems have the edge here – they can deliver a steady stream of hot water on demand, while heat pumps tend to take a little while before they start supplying warm H2O. On the flip side, tankless systems tend to be more costly upfront, while heat pumps may be cheaper in the long run due to their impressive efficiency figures – so it really depends on your budget and needs as to which one is right for you.
Overall, there’s no one-size-fits-all answer when it comes to choosing between a heat pump or tankless system – it really comes down to individual preferences and needs. The good news is that whichever option you choose will result in lower running costs than with a standard electric storage tank system – so whatever you decide you’ll still be saving money!