We have a tankless gas water heater. Navien is the brand. Not sure that it saves us any money but what we do like about it is that you basically have unlimited hot water. We can also set the timer to circulate hot water through the system at designated times. This will allow you to have hot water already at your faucets/shower without waiting for the hot water to "get there".
Another thing we find beneficial is that when we travel and turn off the water to the house we can shut off the water heater. When we return we don't have to relight a pilot, just hit the power button.
ETA: Ours is mounted in the garage because we don't live in warm Florida yet. It's just plugged into a normal outlet. Not hardwired.
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Last edited by Kenswing; 04-07-2019 at 02:00 PM.
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