I need a new water heater, I don’t feel like giving myself a headache to save bucks. What is a good deal for a hot water heater. I will probably install myself to save 0 unless I get some help. What is the payoff on a tankless water heater, i.e., the difference in price versus the savings on a yearly basis (or a similar ratio). I’d like somthing durable; it seems like I’m always replacing water heaters every time I move.
Lowe’s is closer, but I will drive to Home Depot if I think it is worth the trip.
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{ 4 comments… read them below or add one }
A standard 40 gal elec. W/H will cost you about 240 buck depending on where you live. A tankless W/H start around 700 and go way up from there. The return is about a year or two depending on usage. Some power companys offer a rebate if you install a tankles and if you own your own home you can claim a rebate on your return. You never run out of hot water but depending on what you get, some have a hard time keeping up with high usage and/or cold ground water temps. The biggest complaint, myself included, is the reliability of tankless W/H’s. They tend to require maintenance more often and when they do, it is much harder to service them than regular W/H’s. Your going to end up on hold for the 1-800 number and you cant get these parts downtown. If your going to get one I have had better luck with Sosco or Takagis for electric and Bosch or Rheem for gas. Do your homework and get your checkbook ready.
If you’re buying a tankless, buy it online. I’ve used Takagis for years now in both residential and commercial installs and they’re nice. That said, the first thing to do is make sure that your gas and water lines are sized right for a tankless. If you don’t know how to do that, call someone in.
The payoff is in about 2 or 3 years, depending on incentives and usage. Also, you never run out of hot water.
I hav installed several tankless heaters. They are no good.
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