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If you have a tank-type electric water heater, it runs regularly to keep the water at the desired temperature. If you live in a home where you don’t use much hot water, it could seem wasteful to run power to heat water that you’re using infrequently. You could save some power by using a smaller tank, insulating the tank, or lowering the temperature of the water heater.

Yes, you can replace a current tank water heater with a tankless model or vice versa. If you’re maintaining the same fuel source—gas or electricity—the switchover should be smooth. A conventional tank requires open floor space, while a tankless model can be wall-mounted. If you’re switching to a tank water heater, you might need to clear space for it. Gas-powered tankless water heaters need a large volume of gas when they start running to heat the water instantly. You might need to increase the size of the gas line when going from a tank to a tankless model.

Unless you have previous plumbing experience or extensive experience with water heaters, you should avoid replacing your electric water heater yourself. This process involves disconnecting wiring and parts from the old water heater and reinstalling them onto the new one, among other difficult tasks. This job is best left to the pros to make sure that everything is connected correctly to avoid serious leaks or malfunctions.

Water heater installation code requirements are in place to keep your family and home safe. Water heaters that are installed wrong can simply not work. However, that's an, if you're lucky, type of situation. More commonly, incorrectly installed water heaters pose a real threat from carbon monoxide poisoning, gas leaks, water leaks, and even explosions.