When your water heater needs replacing, you’ve got a decision to make: stick with a traditional tank or upgrade to tankless? As a Rheem Pro Partner and authorized installer for Bradford White, Navien, Rinnai, and Noritz, Nearby Plumbing has installed thousands of both types across the Salt Lake City area. Here’s an honest breakdown to help you decide.

Traditional Tank Water Heaters

Pros:

  • Lower upfront cost — Tank units typically cost $800–$1,500 installed, depending on size and brand
  • Simple installation — Straightforward replacement with existing plumbing connections
  • Reliable technology — Proven, well-understood systems that most plumbers can service
  • Works during power outages — Gas tank heaters continue providing hot water without electricity

Cons:

  • Higher monthly energy bills (heating water 24/7, even when not in use)
  • Shorter lifespan (8–12 years average)
  • Takes up significant floor space
  • Can run out of hot water during heavy use

Tankless Water Heaters

Pros:

  • Endless hot water — Heats on demand, so you never run out
  • Energy savings — 24–34% more efficient for average households
  • Longer lifespan — 20+ years with proper maintenance
  • Compact size — Mounts on a wall, freeing up floor space

Cons:

  • Higher upfront investment ($2,500–$4,500 installed)
  • May require gas line or electrical upgrades
  • Flow rate limitations with multiple simultaneous uses

Our Recommendation for Utah Homes

For most families in the greater Salt Lake City area, a high-efficiency tank heater from Rheem or Bradford White offers the best value. For larger homes or households with high hot water demand, a Navien or Rinnai tankless unit pays for itself in energy savings within 5–7 years.

Not sure which is right for you? We offer free in-home consultations and honest recommendations — no pressure to upsell. Call (385) 327-7711 or request a free estimate online.