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Tankless water heaters are more expensive than those with a storage tank, but they come with some impressive benefits that most homeowners find worth the higher investment. Most importantly, they provide unlimited hot water, so you’ll never run out like you would with a storage tank. Tankless heaters are also more efficient, so comparing gallon-for-gallon, you’ll spend less on hot water with a tankless heater. Tankless water heaters are also smaller, require less maintenance, and tend to last longer than storage tank water heaters.

Venting a gas water heater out of the roof is preferable in most cases. Heated exhaust gases naturally rise, so a vertical vent pipe is efficient. If you’re trying to vent through a pipe exiting a wall, the angle of the pipe may be more horizontal than vertical, making the venting system less effective. If you go through a wall, you may need to add a fan to ensure a successful expulsion of the gases outdoors.

The average lifespan of a water heater is eight to 12 years. If your water heater is approaching its first decade of life and is giving you problems, talk to a plumber about your replacement options.

Keep in mind that certain parts of a water heater, such as the anode rod, may need replacement long before the heater itself. An anode rod often has a lifespan of three to five years.

You have more options for water heaters than ever before. The best one for your home depends on your hot water usage and budget. Some of the more common types of water heaters are the conventional gas heater, a heat pump water heater, or a tankless heater for smaller homes or those with less water demands. Some uncommon types are solar and point-of-use systems. Some homes may have a combination of two units, such as a large heat pump heater and a backup point-of-use system.