Quote:
Originally Posted by HABckb
Since my Rheem water heater is approaching 10 years in age I am considering having a tankless electric water heater installed instead. I am aware of the cost for electrical hook up as well as cost of the tank but am wondering what thoughts others have in regard to this consideration. I find it a waste of money to have water being maintained at temperature in existing 40 gal tank and thought a tankless system in the long run would be more efficient as well have a longer longevity. thoughts appreciated.
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I did some research regarding thankless, solar hybrid, and regular 50 gallon water heater. The cost benefit did not warrant the tankless heater or hybrid heater. So ... Mike Smith replaced our water heater with a new 50 gallon Rheme heater for $950 & took away the old one. We added a recirculating pump for about $450. That gives us hot water at all faucets within 4-5 seconds.