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Different types of residential water heaters

Choosing a Water Heater for your Home In Waukesha & Surrounding Cities

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Different Types of Water Heaters

Choosing the right water heater for your home in Waukesha depends on household size, hot water demand, fuel source and long-term operating costs. We'll help you choose the best type of water heater for your home or small business. Rather than shopping by price and then looking for a contractor to install it, you're better off getting professional input before buying a hot water heater. We'll assess your situation and hot water needs and recommend the most cost-efficient unit within your budget. Our contractors can installrepair or maintain the water heater that you choose.

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The Main Types of Water Heaters

Types of water heaters for homes and small businesses in Waukesha

We'll help you choose the best type of water heater for your home or small business.

The most common systems for homes and small businesses include:

  • Storage tank water heaters
  • Tankless water heaters
  • Point-of-use water heaters
  • Hybrid (heat pump) water heaters

Each option offers different performance, efficiency and installation requirements.

Traditional Storage Tank Water Heaters

Storage tank water heaters remain the most popular type in Wisconsin homes. Storage tank systems heat and store a fixed amount of hot water, typically 30–80 gallons, for immediate use. Storage tank water heaters heat and store hot water for use, so it’s important to get the right size tank for your household's needs. Because the water’s being kept hot all the time, it’s using energy even when you’re not using hot water.

Pros:

  • Lowest upfront cost
  • Simple installation
  • Reliable performance for most households

Cons:

  • Limited hot water supply
  • Continuous energy use to maintain temperature
  • Shorter lifespan (8–12 years)

Tankless Water Heaters

Tankless water heaters heat water on demand instead of storing it in a tank. This design improves efficiency and eliminates standby energy loss. Tankless systems are best suited for smaller households, homes with limited space or owners focused on long-term energy savings.

Pros:

  • Endless hot water
  • Up to 30% greater energy efficiency
  • Compact design
  • Long lifespan (20–30 years)
  • They can be powered by gas or electricity.

Cons:

  • Higher upfront cost
  • Possible electrical or gas upgrades required
  • May need multiple units for large households

Tankless water heaters are a great choice if:

  • Your home is frequently unoccupied
  • You don’t have space for a storage tank model
  • You have a small household
  • You have a business with modest hot water needs

Point-of-Use Water Heaters

Point-of-use (POU) water heaters are installed near specific fixtures such as sinks, showers or appliances. They reduce wait time and heat loss by delivering hot water directly at the source. POU water heaters can be installed as a secondary or dedicated water heater for appliances or bathrooms located far from the main water heater. They’re a great choice if you are adding on a bathroom to your house or installing a hot tub.

Pros:

  • Immediate hot water
  • Energy efficient for isolated fixtures
  • Affordable for targeted use

Cons:

  • Limited capacity
  • Not intended for whole-home use

POU water heaters are ideal for home additions, remote bathrooms, workshops or commercial applications with localized hot water needs.

Hybrid (Heat Pump) Water Heaters

Hybrid water heaters combine storage tank technology with heat pump efficiency, using both gas and electricity. They draw heat from the surrounding air to warm water, switching to electric heating when demand increases. You can switch between the two options depending on how much hot water you need. Some hybrid water heaters have a vacation timer so you can put your water heater on pause if you’re gone for an extended period of time.

Pros:

  • Extremely energy efficient
  • Lower utility costs
  • Eco‑friendly operation
  • Vacation and energy‑saving modes

Cons:

  • Higher purchase price
  • Requires a warm, ventilated installation space
  • Reduced efficiency in cold environments

Hybrid water heaters work best in hot places, so a room with extra heat, such as a laundry or furnace room, is ideal. It won’t work efficiently in a cold space like an unfinished basement.

Types of Water Heaters: Pros and Cons at a Glance

Type

Best For

Main Advantage

Main Drawback

Storage Tank

Most homes

Low upfront cost

Limited hot water

Tankless

Small households

Endless hot water

Higher installation cost

Point-of-Use

Remote fixtures

Instant hot water

Limited capacity

Hybrid

Energy-conscious homes

Maximum efficiency

Needs a warm space

 

Gas vs. Electric Water Heaters

Choosing between a gas and electric water heater depends on your home’s utilities, hot water usage and operating costs.

Gas water heaters heat water faster and are typically better for larger households or homes with high simultaneous hot water demand. They often cost less to operate when natural gas is available, but installation may require proper venting and gas line connections.

Electric water heaters usually have a lower upfront installation cost and are a good fit for smaller homes, condos or properties without gas service. While they are energy efficient, recovery times are slower and operating costs can be higher depending on local electricity rates. A professional evaluation ensures the system is sized correctly and installed safely for your home’s needs.

What Water Heater Should I Buy?

The correct water heater depends on:

  • Number of occupants
  • Simultaneous hot water usage
  • Installation space
  • Budget
  • Efficiency goals

Improper sizing or system selection can result in high utility bills and inconsistent hot water. A professional evaluation helps the system meet both performance and budget requirements.
Our technicians:

  • Assess your hot water demand
  • Explain the differences between water heater options
  • Verify installation conditions
  • Provide clear, upfront pricing

Call for a Professional Recommendation

Selecting the right water heater affects comfort, efficiency and long-term costs. A professional recommendation guarantees the correct system for your home or business.
Call or contact us online to review your water heater options and receive expert guidance.

 

Professional help choosing the right type of water heater in Waukesha

Water heater replacement in Waukesha County & nearby cities

Our service area covers all of Waukesha County and surrounding areas, including Milwaukee, West Allis, Wauwatosa, Brookfield, Elm Grove, Greenfield, Franklin, Hales Corners, St. Francis, Cudahy, Bay View, Oak Creek, Menomonee Falls, Shorewood, Glendale, Whitefish Bay, Delafield, Pewaukee, Butler, Sussex, Lannon, Brown Deer, Richfield, Hubertus, Slinger, Hartford, New Berlin, Waukesha, West Bend, Mequon, Grafton, Germantown & the surrounding communities.

 

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Deana Assante

April 2019

They do GREAT work, fair pricing, friendly and very professional. Would HIGHLY recommend calling them if you need heating or cooling. They can give you a quote and get the job done. Do tune ups and new. Give them a call you won't be sorry. Find this ...

They do GREAT work, fair pricing, friendly and very professional. Would HIGHLY recommend calling them if you need heating or cooling. They can give you a quote and get the job done. Do tune ups and new. Give them a call you won't be sorry.

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Taylor Stanfel

August 2019

Working with Ty has been great! He always makes room for us in his schedule and comes out quickly. He is extremely knowledgeable and a pleasure to work with. He explains every step and does not jump to pricey and potentially unnecessary tests. We HIG...

Working with Ty has been great! He always makes room for us in his schedule and comes out quickly. He is extremely knowledgeable and a pleasure to work with. He explains every step and does not jump to pricey and potentially unnecessary tests. We HIGHLY recommend Ty and will continue to use him for all of our heating and cooling needs!

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twomomsproductions

November 2018

My central air stopped working yesterday and I went online to try to find just the right company to call. After reading so many glowing reviews, I decided to go with Ty and Prompt Heating and I am so glad that I did! Ty had an appointment availa...

My central air stopped working yesterday and I went online to try to find just the right company to call. After reading so many glowing reviews, I decided to go with Ty and Prompt Heating and I am so glad that I did! Ty had an appointment available that fit perfectly with my schedule this morning. He arrived right on time and could not have been any more polite or pleasant. He quickly assessed the problem on my fairly elderly air unit and was able to fix it immediately while answering all of my questions and concerns. There was not an ounce of pressure to fix or replace anything that was not needed and Ty reassured me that my older central air unit had some good life left in it and that I could certainly wait until a later time to replace it. When asked, he gave a very easy to understand explanation of how this unit works and some suggestions on trimming back a bit of my outside garden to make sure it was able to operate as easily as possible. I was very impressed with his knowledge, customer service, and pricing. Before he left, I asked his advice on furnace maintenance and he made a trip to my basement to look things over without trying to sell a thing - yay :) I asked what he charged for a maintenance call and found he was running a special on a full maintenance visit for just under $80 until mid October - and so I booked that service right away as well. I would not hesitate to recommend Ty and Prompt Heating to anyone! This is a good guy with a really great sense of how to run a high quality, customer friendly business. Thanks!

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MaxKim Marechal

August 2019

Great service. Always explains along the way. Very good pricing. I've used Ty's services for probably 15 years; for services varying from yearly inspections to full replacement of furnace; at my properties and other family members'. Always satisfied....

Great service. Always explains along the way. Very good pricing. I've used Ty's services for probably 15 years; for services varying from yearly inspections to full replacement of furnace; at my properties and other family members'. Always satisfied. Won't stop going back to him.

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Donald White

September 2019

Ty is the consummate professional that cares about you as a person not just a customer. The price is right and "PROMPT". Good name for the company. Find this review on Google

Ty is the consummate professional that cares about you as a person not just a customer. The price is right and "PROMPT". Good name for the company.

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Jake Misna

August 2019

Ty was great to work with. Fair price and were in and out quickly. Worked well with us in figuring out what we wanted and what worked for us. He didnt try to oversell us on products we didn't need. Find this review on Google

Ty was great to work with. Fair price and were in and out quickly. Worked well with us in figuring out what we wanted and what worked for us. He didnt try to oversell us on products we didn't need.

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Maria Kueng

August 2019

On time, excellent service, cleaned up after they finished. Will recommend to family and friends without reservation!!! Find this review on Google

On time, excellent service, cleaned up after they finished. Will recommend to family and friends without reservation!!!

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Tim Bork

August 2019

Ty was quick, did an awesome job, and is a really stand up guy! Find this review on Google

Ty was quick, did an awesome job, and is a really stand up guy!

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Sam Hughes

July 2019

It was a great experience having Prompt fix both my home furnaces and my office A/C. He is extremely knowledgeable! Find this review on Google

It was a great experience having Prompt fix both my home furnaces and my office A/C. He is extremely knowledgeable!

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Doug Schmidt

July 2019

Prompt heating is the Best in Milwaukee.Highly recommend them. Find this review on Google

Prompt heating is the Best in Milwaukee.
Highly recommend them
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Aneah Epshteyn

September 2018

After calls to several places, Ty was the first person who was actually helpful and offered options. His prices were extremely competitive, not only for brand name equipment, but for his excellent services. When there was issues with the unit we had ...

After calls to several places, Ty was the first person who was actually helpful and offered options. His prices were extremely competitive, not only for brand name equipment, but for his excellent services. When there was issues with the unit we had installed, he has been available quickly and easily and done everything to make it right as quickly as possible. Sometimes warranty issues can be a hassle, but not with Ty. Honestly, you can't ask for anything more! I would highly recommend him for his integrity, honesty and work ethic.

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Andrea Beaumont

September 2018

Fantastic service. We will only choose Prompt Heating & Cooling from now on. Ty was kind enough to show us exactly where the problem was, making it easy to understand. Thanks for everything! Find this review on Google

Fantastic service. We will only choose Prompt Heating & Cooling from now on. Ty was kind enough to show us exactly where the problem was, making it easy to understand. Thanks for everything!

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Frequently Asked Questions:

What is the best type of water heater?

Water heaters vary based on the factors of each home. To learn which water heater is best for you, contact a HVAC contractor today.

What brand of water heater is the most reliable?

All water heater brands have pros for being the best. We install many different brands ensuring our customers get the right water heater for them. Contact our experts to learn which brand works best for you.

What are the 5 different types of water heaters?

The 5 main water heater types include tankless, heat pump, conventional, solar and condensing. Learn about which water you need from our experts today.

Which Water Heater Is Best for Large Families?

Large families typically need a high-capacity tank water heater (50–80 gallons) or a properly sized tankless system to handle multiple hot water demands at once. Gas-powered models are often preferred due to faster recovery times and better performance during peak usage. Be sure to contact your local HVAC contractor for the right recommendation for your home.