Quote:
Originally Posted by CTgolfer
Our neighbor's hot water tank broke and needed to be replaced. He looked into replacing it with the instant hot water instead. He indicated the cost to replace the traditional hot water tank was considerably cheaper and it would take a long time before he would see the break even cost.
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The initial cost is more but ours (gas) paid for itself in less than two years. Sure was nice having all that hot water and never running out!