Anyone have an on-demand water heater?

[SavingAdvice]

Its very expensive and not worth it

[Looking Forward]

We have one and I LOVE it! Always said when we bought a house it would be one of the first changes. It is very efficient and is so small and cute mounted on the wall in our garage. It can be a bit expensive at first, but if you plan on staying where you are then it makes sense. Never run out of hot water. We run shower, dishwasher and clothes washer at the same time. I should add that my DH is in the HVAC trade so we bought the unit for cost and he installed it. So our cost was minimal, but still more than a regular tank. We have a Rinnai Luxury Efficient model R94Lsi. I think we'll always have a tankless.

[LivingAlmostLarge]

Love it in my parents condo. Only way to go. I will totally get it in our next home. Also only way to go in Asia and there are heaters in shower heads now. Even easier to use.

[My English Castle]

Saving Advice--want to cite figure to back this up?

[MonkeyMama]

Originally Posted by Looking Forward

Never run out of hot water. We run shower, dishwasher and clothes washer at the same time.

Same here, with our tank.

To you and LAL I am curious how your gas bills are. Because these days I think you can get all the same benefits (low gas bill, ample hot water) without the expense of a tankless system.

Since we pay so little for our current tank system, I Can't imagine we could possibly save more than $5 per month going tankless. Which is why I don't see the point. (Granted, we live in a mild climate - maybe bigger savings are to be had in colder climates).

[LivingAlmostLarge]

i think it's something like $30/month for utilities instead if $100 my mom said.

[MonkeyMama]

Originally Posted by LivingAlmostLarge

i think it's something like $30/month for utilities instead if $100 my mom said.

Our entire gas bill currently runs $26/month (half that is fees and taxes).

I don't know if we are comparing apples to apples, but you can get your gas bill pretty darn low with a modern/efficient tank system, is my point. IF nothing else, unless you live in the mountains, it would most certainly be a waste of money if you lived in California. There may be other reasons to get one (to save space I guess).

[LivingAlmostLarge]

Have you calculated what an tankless would actually cost if your bill is only $26? Why so low? Solar?