[sowtime444]

Originally Posted by crazygery

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I have my tankless installed in my laundry room, my washer is very happy and since the bathroom is only 50 feet from the laundry room it works great, my wife has to wait a little longer because her bathroom is 250 feet away, but she’s very patient and doesn’t mind the 45 second wait. I’m just happy we have 2 bathrooms

Originally Posted by Toymeister

I have a whole home energy monitor. It isolated about 14 electricity consumers, including the water heater. I also have some smart home technology with a water heater switch.

To answer the question of savings of turning the heater off on a timer due to standby costs. I left a vacant home's tanked heater on for one week, then the next i ran it for 8 hours, 16 off. I repeated the two week cycle. No one was in the home, not a gallon of water was used.

My exact savings with a timer equated to 78 cents on a monthly basis.

No, a tankless heater will not save you money.

Your water heater was 100% electric and used no gas?