Quote:
Originally Posted by JGibson
It would take you so many years to recoup your upfront costs to install one. They also require yearly maintenance to keep the warranty.
It's a total waste of time and money. The gas company offers great deals on replacement tanks installed and they will add $8 a month to your bill to pay it off interest-free.
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I agree. I would add that another advantage to a tank type water heater is that almost any plumber or HVAC contractor can replace the tank within 24 hours, and sometimes the same day. But, if your tankless heater fails, there is no guarantee that you will not be without hot water for days or longer due to the lack of available parts.