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Thread: tankless water heater vs standard waterheater
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Old 12-11-2023, 07:58 AM
Duppman Duppman is offline
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Originally Posted by HABckb View Post
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.
We had a licensed plumber do some work for us and asked him about tankless. His response was I would not see the payback for at least 10 years. Take his comment for what it's worth.