Tankless Water Heater

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Is a tankless water heater the right choice when replacing an existing traditional water heater?

Posted on | April 7, 2010 | 5 Comments

Are they worth the extra money? How long (approximately) until it pays for the cost difference?

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Comments

5 Responses to “Is a tankless water heater the right choice when replacing an existing traditional water heater?”

  1. Dannygirl
    April 7th, 2010 @ 3:34 am

    It can be. They use less water and less electricity. Not sure how long they take to pay for themselves, but I know that at least half of my electricity bill is taken up by my water heater and refrigerator. SO I think it’s worth it.

  2. Bandett
    April 7th, 2010 @ 4:18 am

    The simple answer is NO ! never, nada !

  3. guitarpicker56
    April 7th, 2010 @ 4:52 am

    If I could spare the couple of thousand dollars to have installed a tankless water heater I would. The cost to do such involves running extra electric circuitry in many homes and the price of a tankless water heater is about twice that of the conventional water heater.

    A certified electrician and plumber is tatamount to quality installation and its safety parameter–hence the additional cost factor. On the plus side, the home can get hot water instantly rather than waiting for the pipes to fill. For the common household owner, such an expense is often beyond the capabilities of our wallets.

  4. sensible_man
    April 7th, 2010 @ 5:35 am

    They do save money, but look at 5 years to recoup the cost. Most require professional installation for the warranty. There are cheap brands and you get what you pay for. If you have hard water, forget tankless. The small tubing in them will clog easily.

  5. PAULA J
    April 7th, 2010 @ 5:39 am

    I had an electric water heater to begin with and immediately after the installation of the tankless unit, my electricity bill dropped about $100 per month. So in my case, the unit cost and it’s installation paid for itself in about ten months. Small house, could have gotten a bigger unit but still well worth the investment!

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